*đ Whales Accumulate Shiba Inu and Pepe Despite Meme Coin Struggles:*
Whale investors are heavily accumulating Shiba Inu (SHIB) and Pepe (PEPE), signaling confidence in the meme coin sector despite price dips. SHIB is up 6.8%, and PEPE has gained 10.4% over the week, showing resilience in a volatile market. đ„
Despite the current struggles of meme coins, whales have been accumulating Shiba Inu (SHIB) and Pepe (PEPE). This development suggests that large investors are betting on a potential rebound.
Key Highlights:
- Whales purchase large amounts of SHIB and PEPE.
- Accumulation occurs amidst market downturn.
- Potential rebound anticipated.
Market Analysis:
- SHIB's price: $0.00001133 (1.45% increase in 24 hours)
- PEPE's price: $0.00000143 (2.15% increase in 24 hours)
- Trading volumes: SHIB ($235M), PEPE ($12M)
On-Chain Metrics:
- SHIB's whale transactions (> $100K): 35% increase in 24 hours
- PEPE's whale transactions (> $50K): 25% increase in 24 hours
Community Sentiment:
- Optimism grows among SHIB and PEPE holders.
- Anticipation builds for potential price surge.
Keep in mind that market conditions can change rapidly. Always conduct thorough research and consider multiple sources before making investment decisions.
