😱🦈 Crypto Whales Dive into These 2 Meme Coins in Early July 2024 😱🦈

**Dogecoin (#DOGE) Major Holders Brush Off the Dip**

Despite a recent plunge, Dogecoin's price dropped by 23.76% over the past week, yet this hasn't deterred the crypto whales. Analyzing the Large Holders Login data from IntoTheBlock, BeInCrypto reveals significant whale activity in the market, with holders controlling between 0.1% to 1% of the cryptocurrency. On July 2, an influx of 61.88 million DOGE was recorded, and by the following day, this number skyrocketed to 516.08 million, signaling massive whale accumulation. Although it has since decreased to 215.90 million, these whales bought $23.74 million worth of Dogecoin in the first week of July at an average price of $0.11, marking a 175.44% increase in holdings compared to the last week of June.

**Whales Propel Pepe (#PEPE) to New Heights**

Meanwhile, Pepe has seen an explosive 2237.18% increase in Large Holder Netflow over the past seven days, indicating a frenzy of whale activity. Despite their aggressive buying, PEPE’s price remains relatively unaffected, currently trading at $0.0000078 – its lowest point since May 4. If these whales persist in their buying spree, it could eventually destabilize the token's price.

#memecoins #binance