The rise and fall of meme coins like PEPE often hinge on the activities of crypto whales. These large holders can create significant price movements, either pumping or crashing the market. With PEPE, whales could strategically drive liquidations by pushing prices to extreme highs or lows, forcing leveraged traders into a squeeze.
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Whale movements are a double-edged sword: they can inject liquidity but also introduce volatility, potentially destabilizing PEPEโs market. Staying vigilant is key for smaller investors in such whale-dominated waters! ๐
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