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#Write2earn Pepe Coin Surge: Smart Trader Moves Spark Speculation Amid Record Highs #PEPE #PEPEATH $PEPE #Memecoin #CryptoSuccessStory Pepe coin is soaring, hitting new all-time highs with a 20% surge, grabbing traders' attention. Amid this rally, a strategic trader offloaded 794 billion coins, sparking speculation about future moves. Known for its frog-themed meme, Pepe coin has seen over 100% monthly gains, defying market expectations. Recently, trader 0x843df sold 201.85 billion PEPE on Bybit, valued at $2.83 million, raising questions about a potential price peak. Despite profit-taking concerns, some speculate the sell-off reflects FOMO. Data from Lookonchain shows significant PEPE withdrawals from Binance by wallet 0x8376, fueling further discussion. On May 22nd, Pepe coin surged 21.82% to $0.00001349, hitting a new high. Coinglass data shows a 37.56% rise in futures and options interest to $163.46 million, and a 74.07% increase in derivatives volume to $2.58 billion. While the RSI indicates strong bullish momentum at 73, it also suggests a potential future correction.

#Write2earn Pepe Coin Surge: Smart Trader Moves Spark Speculation Amid Record Highs
#PEPE #PEPEATH $PEPE #Memecoin #CryptoSuccessStory




Pepe coin is soaring, hitting new all-time highs with a 20% surge, grabbing traders' attention. Amid this rally, a strategic trader offloaded 794 billion coins, sparking speculation about future moves.

Known for its frog-themed meme, Pepe coin has seen over 100% monthly gains, defying market expectations. Recently, trader 0x843df sold 201.85 billion PEPE on Bybit, valued at $2.83 million, raising questions about a potential price peak.

Despite profit-taking concerns, some speculate the sell-off reflects FOMO. Data from Lookonchain shows significant PEPE withdrawals from Binance by wallet 0x8376, fueling further discussion.

On May 22nd, Pepe coin surged 21.82% to $0.00001349, hitting a new high. Coinglass data shows a 37.56% rise in futures and options interest to $163.46 million, and a 74.07% increase in derivatives volume to $2.58 billion. While the RSI indicates strong bullish momentum at 73, it also suggests a potential future correction.



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#Write2earn Crypto Market Selloff: Major Cryptos Experience Sharp Decline #CryptoSellOff #altcoins $ETH $DOGE $SOL The cryptocurrency market experienced a major selloff today, with Bitcoin, Ethereum, Solana, XRP, and DOGE losing significant recent gains. Crypto Market Selloff Explained Major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), Solana (SOL), XRP, and Dogecoin (DOGE) faced a sudden downturn, sparking discussions about the causes. Earlier this week, the market was optimistic about Bitcoin reaching new highs and maintaining a bullish outlook for altcoins. Reasons Behind the Selloff The shift in market sentiment began on Friday after the U.S. Labor Department released job data showing 272,000 jobs added in May, higher than expected. However, the unemployment rate rose to 4% from 3.9%, dampening hopes for a potential interest rate cut by the U.S. Federal Reserve. Additionally, GameStop's (GME) decision to sell $175 million in shares further unsettled the market, with GME stock closing down nearly 40%, leading to a sharp decline in meme coins like DOGE and SHIB. Market Impact The selloff led to massive liquidations, with 147,330 traders liquidated in the last 24 hours, totaling $411.25 million in losses. The largest single liquidation on OKX involved an ETH-USD swap worth $5.20 million. The global crypto market cap fell 3.47% to $2.55 trillion, with Bitcoin down 2.81% to $69,275.03, Ethereum down 3.6% to $3,681.70, Solana down 6% to $162.11, and XRP down 5% to $0.4998. Despite the downturn, some investors remain optimistic about a rebound. The U.S. Spot Bitcoin ETF saw a net inflow of $1.8 billion this week, reflecting continued institutional interest in Bitcoin.
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