Whale Dumping Continues, Price Dips - But Is This the Calm Before the Storm?_
PEPE coin price has seen a more than 50% rise in the span of a week and is seemingly going to continue this rally.
- The meme coin has also received support from its whales, and this chunk of PEPE supply could be just the boost it needs.
- Despite the rally, the price of PEPE still remains low due to its substantial token supply and a decline in its daily trading volume.
- The whale investors have been selling off unusually high volumes of DOGE since the SEC approved Ethereum ETFs.
- PEPE Coin observed an 18% cull in its crypto price within 24 hours, marking a prominent disturbance in the market.
- Its market capitalization experienced a significant contraction of $100 million, witnessing a downward shift from $444.4 million to a critical low of $344.7 million.
