Price: $0.38998 -5.7168%
Market Cap: 57.24B 1.9539%
Volume (24h): 18.45B 0.4%
Dominance: 1.9539%
Price: $0.38998 -5.7168%
Market Cap: 57.24B 1.9539%
Volume (24h): 18.45B 0.4%
Dominance: 1.9539% 1.9539%
  • Price: $0.38998 -5.7168%
  • Market Cap: 57.24B 1.9539%
  • Volume (24h): 18.45B 0.4%
  • Dominance: 1.9539% 1.9539%
  • Price: $0.38998 -5.7168%
Home > Information news > PEPE Whale Moves: Huge Profits and Market Impacts

PEPE Whale Moves: Huge Profits and Market Impacts

Release: 2024/08/02 16:03 Reading: 944

Original author:Crypto News Flash

Original source:https://coinmarketcap.com/community/articles/66ac84f8eb4cd070fe4a5ca3

PEPE Whale Moves: Huge Profits and Market Impacts

Whale Secures $5.85 Million Profit on PEPE

A prominent cryptocurrency whale has deposited a massive 400 billion PEPE tokens (approximately $4.22 million) into Binance to secure profits.

Whale Withdraws and Profits

In March, the whale had withdrawn 795.92 billion PEPE tokens from Binance, which were valued at $2.55 million at the time. Currently, the whale holds 395.93 billion PEPE, valued at $4.18 million. This withdrawal and subsequent deposit have resulted in a profit of $5.85 million, representing a significant 230% return on investment.

Bullish Prediction for PEPE, WIF, and POPCAT

In addition to this whale's profit-taking, a prominent crypto analyst predicts bullish trends for PEPE, WIF, and POPCAT, three popular meme coins. This prediction follows a recent surge in the meme coin market.

Historical Significance of Meme Coins

Meme coins, which often originate as internet jokes or social media phenomenons, have gained significant market influence due to their speculative nature and potential for high returns. The analyst's bullish outlook highlights the volatile but potentially lucrative world of these digital assets.

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