đ„đ„Pepe Coin Whale Accumulates 982B PEPE From Binance, More Room For Gains?đ„đ„
â In a thrilling plot twist witnessed on May 23, Pepe coin whale accumulations have again taken the cryptocurrency realm by storm.
â According to the insights revealed by the onchain analytics platform LookOnChain, the whale address 0x83768.. accumulated a staggering 390.56 billion PEPE from Binance on May 23. Moreover, in less than two days, the same address has been recorded to have collectively bought a whopping 982.56 billion PEPE, worth $13.6 million, echoing a frenzy amid the meme coinâs continued upside momentum.
â Notably, PEPE even hit an ATH today, at $0.00001467. However, instead of selloffs due to potential profit-taking behaviors, Pepe coin accumulations surfaced across the market, underscoring the whaleâs confidence in the asset for further gains.
â Meanwhile, itâs also worth mentioning the Pepe coin topped the $6 billion market cap today, overtaking Internet Computer Protocol (ICP) in rankings. This further adds to the optimistic market buzz birthed by Pepe coin.
â As of writing, Pepe coinâs price noted a 9.85% upswing in the past 24 hours and is currently trading at $0.00001511. The frog-themed meme tokenâs 24-hour lows and highs are $0.0000127 and $0.00001571, respectively.
â Itâs worth noting that despite considerable PEPE liquidations recorded in the past 24 hours, worth $6.20 million, the meme coin has retained its upside movement. This further adds a bullish tint to the tokenâs cryptographic venture.
â However, the RSI rested at 83, hinting that the token has reached overbought territory. This could mean that a price correction looms, although PEPE has already defied usual market sentiments.
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