Crypto Whales Target PEPE Coin Despite Market Uncertainties

According to data provided by Debank, a newly created crypto wallet bought trillions of Pepe coins (PEPE) equivalent to $1.64 million, surpassing the world’s largest crypto exchange, Binance. Meanwhile, news of Binance delisting the altcoin from its flexible credit platform at the peak of the memecoin hype on May 5 had shaken PEPE’s price. Yet, when compared to other leading memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) in terms of market value, PEPE coin is still performing quite well. Other Whale Transactions Targeting PEPE Coin Two noteworthy whale transactions for PEPE coin were interpreted as potential short-term price increases. A crypto wallet beginning with “0xcfff” spent approximately $1.08 million worth of 471,700 USDC to purchase 260 billion PEPE. Additionally, Twitter user osf_rekt bought 404.5 billion PEPE for 367 ETH valued at $720,000. At the time of writing, PEPE, trading at $0.00000174, faced a slight 0.38% decrease in the last […] The post Crypto Whales Target PEPE Coin Despite Market Uncertainties appeared first on COINTURK NEWS.