PEPE Token Tumbles 20% Amid Suspicious Activity – Details
PEPE, the once-promising meme coin that garnered attention in the past quarter, suffered an unforeseen blow on Thursday as it succumbed to the grip of FUD (fear, uncertainty, and doubt). Despite making waves in recent months, PEPE’s momentum fizzled out by August, exacerbated by a wave of negative sentiment that battered the altcoin. The current price of PEPE stands at a mere $0.000000870194 according to CoinGecko, sustaining a 21% slump in the last 24 hours alone. Over the span of seven days, the meme coin incurred losses of 15.3%, signaling a distressing trend for its holders. PEPE....
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According to a recent study by researchers from the University of Tulsa and Tel Aviv University, the massive increase in the bitcoin price in late 2013 was caused by suspicious trading activity on the now-defunct Mt. Gox Bitcoin exchange. The study, which is titled “Price Manipulation in the Bitcoin Ecosystem,” indicates that 600,000 bitcoins were acquired by agents who did not pay for them, and the bitcoin price rose by an average of $20 on days when the suspicious trading activity took place. “Based on rigorous analysis with extensive robustness checks, we conclude that the suspicious....
The Pepe token was the foremost token that enjoyed immense success during the meme coin frenzy in May this year. However, the token experienced a significant drop as the frenzy faded out. And now, a recent development seems to suggest that the team behind it may have abandoned the project. $15.6 Million Worth of PEPE […]
Pepecoin (PEPE) has been a central focus of the meme coin market for much of 2024. Despite an initial surge to an all-time high of $0.000014 in May, the token has since experienced a correction of over 50%. This significant pullback has left many investors wondering whether Pepecoin (PEPE) is undervalued or if it has already peaked. Recently, analysts have suggested that Pepecoin (PEPE) may be on the verge of a rebound. Key indicators, such as the MVRV (Market Value to Realized Value) ratio, currently sitting at 1.34, hint that Pepecoin (PEPE) might have reached a market bottom. The ratio,....
Pepecoin (PEPE) is once again making headlines, with its price increasing by 5.9% amid a potential rally. Despite this recent uptick, large investors, also known as whales, are shifting their focus towards a new contender in the meme coin space: GoodEgg (GEGG), a Play-to-Date token that has been gaining traction. Pepecoin (PEPE) has long been […]
GoodEgg (GEGG) has been making waves in the meme coin world, catching the attention of crypto analysts and investors alike. With its upcoming launch, many are wondering whether GEGG can challenge the dominance of Pepecoin (PEPE) in terms of 24-hour trading volume. While PEPE continues to see significant whale activity, GoodEgg (GEGG) could be on the verge of a major breakout, with some analysts predicting a potential 13,000% surge. The Rise of PEPE: Whale Activity Surges In the past 24 hours, Pepecoin (PEPE) has experienced yet another surge in whale activity. According to data from....