Pepe Coin Fall From Grace: What’s Turning The Whales Away?
Popular meme coin PEPE has recently come under the spotlight due to significant whale activity that has left many investors concerned about its future. Large holders of PEPE tokens have been selling their holdings at a loss, leading to increased market uncertainty. A recent report notes the meme coin’s price movements are strongly influenced by its presence in the social sector. However, over the last week, social activity surrounding PEPE has taken a notable downturn, with social engagements falling by 28% and social mentions decreasing by 18%. Related Reading: Ethereum Bears Gain....
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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 […]
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,....
GoodEgg (GEGG) has recently caught the attention of investors and crypto whales alike, following a massive 180% rally in its price. While popular meme coins like Pepecoin (PEPE) and Brett (BRETT) continue to navigate a volatile market, whales are shifting their portfolios to include this new contender, GoodEgg, which currently sits at $0.00015 per token. […]
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....
The price of PEPE fell drastically on Saturday to reverse some of its gains earlier in the week. Specifically, this price decline saw PEPE fall to $0.00001088, representing a 7.5% decline in 24 hours. While PEPE’s price problems are part of the broader market downturn, recent whale movement seems to have exacerbated the situation. Related […]