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🐳 Pepe Coin Whales Move 794B PEPE, Sparking Price Speculations: What’s Next?
👉Pepe coin, the distinctive frog-themed meme coin, has recently captivated the global crypto community with its stellar performance.📈
👉 Defying broader market expectations, this token has soared to new heights, achieving monthly gains of over 100%.
👉During this significant price surge,🏄🏄 on-chain data shows that a savvy trader sold nearly 202 billion PEPE to a crypto exchange. This move has sparked speculation that Pepe coin’s price may have reached its peak.
👉Despite this, market stats indicate a bullish outlook for the frog-themed meme token.🏌️♂️
👉Smart Trader Sells PEPE Amid Price Rally, Fueling Speculation
👉According to the on-chain analytics platform Lookonchain, trader 0x843df sold 201.85 billion PEPE, worth $2.83 million, to the Bybit exchange to take profits.🤑🤑🤑 👉This trader boasts a 100% success rate with PEPE trades.
👉The success of this trader has raised concerns about the coin’s potential for further gains, with some speculating that this selloff might trigger FOMO selling.
👉Pepe coin’s recent rally to unexpected levels has stirred market sentiment, hinting at a possible correction. Meanwhile, another major transaction saw 592 billion PEPE withdrawn from Binance by wallet 0x8376, adding to the speculative buzz among traders and investors.👀
👉PEPE Price Rallies 20%: What’s Next?
👉On May 22, PEPE’s price surged by 21.82% in the past 24 hours, reaching $0.00001349. The token’s 24-hour low and high were $0.00001094 and $0.00001422, respectively.
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