Greedy whales accumulate these memecoins in large quantities

On November 22, 2024, "whales" invested millions of dollars in meme coins like Pepe Token (PEPE) and Mog Coin (MOG). A new cryptocurrency wallet purchased 309.6 billion PEPE (approximately $6.45 million) from KuCoin, causing the price of PEPE to rise to $0.00002174 before falling to $0.00002022. At the same time, another "whale" withdrew 1,803 ETH (approximately $6.06 million) to buy 2.2 trillion MOG, accounting for 0.5% of the total supply of MOG. This accumulation led to a strong price increase of both coins, although prices later adjusted down. This event occurred amid a cryptocurrency market in a state of "extreme greed," and experts predict even stronger growth for memecoins in the near future. However, it is also important to note that this price increase may just be a "bubble," and investors should be cautious when participating in this highly volatile memecoin market. The "whales" have also accumulated Bitcoin, Notcoin (NOT), and Dogecoin (DOGE) this week.