Pepe Coin Price Drops Amidst Developer Team's Sale

Pepe Coin 价格因开发团队出售而下跌

Pepe Coin experienced a notable price decline today following a substantial sale by its developer team. The PEPE price dropped approximately 4%, interrupting its recent upward trend. This development occurred despite the coin's significant gains over the past few weeks, fueled by investor enthusiasm and the surge in Ethereum coins.

在开发团队大幅出售后，Pepe Coin 今天的价格显着下跌。 PEPE 价格下跌约 4%，中断了近期的上涨趋势。尽管在过去几周里，在投资者热情和以太坊代币激增的推动下，该代币大幅上涨，但这种发展还是发生了。

Developer Team Sells 21B PEPE

开发团队出售 21B PEPE

The PEPE Coin had gained significant momentum in recent weeks, reaching a new price high. Several large crypto transactions had also attracted investor attention, reflecting growing confidence in the asset.

最近几周，PEPE 币获得了巨大的动力，达到了新的价格高点。几笔大型加密货币交易也引起了投资者的关注，反映出人们对该资产的信心不断增强。

However, the recent sale by the PEPE developer team appears to have shaken market confidence. Blockchain tracking platform Spot On Chain reported that the team sold 21.49 billion PEPE, valued at $355,000, through Binance and decentralized exchanges (DEXs). This sale followed a 130% surge in PEPE's price over the past month, marking a new all-time high for the meme coin.

然而，近期PEPE开发商团队的出售似乎动摇了市场信心。区块链跟踪平台 Spot On Chain 报告称，该团队通过币安和去中心化交易所 (DEX) 出售了 214.9 亿个 PEPE，价值 355,000 美元。此次出售是在过去一个月 PEPE 价格飙升 130% 后进行的，标志着 meme 币的历史新高。

Developer's Pattern of Selling

开发商的销售模式

Spot On Chain highlighted the developer's pattern of selling, noting that the team had regularly sold Pepe since its price began soaring in late February. According to the report, the developer team sold 282.8 billion PEPE, worth $2.28 million, before the price dropped.

Spot On Chain 强调了开发商的销售模式，并指出自 2 月底 Pepe 价格开始飙升以来，该团队就定期出售 Pepe。报道称，在价格下跌之前，开发团队售出了 2828 亿枚 PEPE，价值 228 万美元。

This trend suggests that the developer's actions are closely tied to price movements, potentially contributing to the volatility.

这一趋势表明开发商的行为与价格走势密切相关，可能会导致波动。

Developer Team Retains Substantial Holdings

开发团队保留大量持股

Despite these significant sales, the PEPE developer team retains a substantial amount of the meme coin. As of the latest reports, they hold 2.52 trillion PEPE, valued at approximately $42.7 million. This large holding poses a risk to market stability, as future sales could further impact the price.

尽管销售额如此巨大，PEPE 开发团队仍然保留了大量的 meme 币。截至最新报告，他们持有 2.52 万亿个 PEPE，价值约 4270 万美元。这种大量持有对市场稳定构成风险，因为未来的销售可能会进一步影响价格。

Source: Spot On Chain, X

来源：Spot On Chain、X