Shiba Inu Coin and Pepe Coin Defy Market Slump Despite Whale Movements to Binance

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The Ethereum-associated cryptocurrencies Shiba Inu Coin (SHIB) and Pepe Coin (PEPE) continue to hold their ground amidst significant market volatility.

Despite considerable whale sell-offs, these meme coins have retained a relative level of stability, which piques interest in their future trajectory.

Recent whale activities have highlighted some noteworthy trends and market reactions, providing valuable insights.

Large-scale investors, commonly known as ‘whales,’ have recently executed major transactions involving Shiba Inu Coin and Pepe Coin. These actions, involving the transfer of vast quantities of SHIB and PEPE to Binance, have left the market abuzz. Specifically, a whale known as 0x42a moved 1.088 trillion SHIB, equating to $18.12 million, to Binance.

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