🚨🚨$PEPE Latest News!
660.7 billion PEPE tokens were injected into Binance, causing PEPE to drop 20% from its peak. According to analyses, a mysterious whale transferred a large amount of PEPE meme coins to Binance today. This move significantly lowered asset prices, pushing them 11% below their all-time high.
Whales transferred approximately 1 billion PEPE to Binance. Specifically, according to a tweet, an anonymous cryptocurrency trader sent 660.7 billion PEPE coins to Binance a few hours ago. The trader bought the tokens a month ago.
After selling PEPE for $9.01 million, the whale made a profit of approximately $4.95 million, yielding a 52% return on investment in less than a month. Another analyst account, @SpotOnChain , highlighted that this deal came after PEPE prices dropped by 14% in the last 24 hours. They also mentioned that the tokens were purchased not only from Binance but also from the leading cryptocurrency exchange MEXC, with a total spending of around $4.57 million.
Overall, $PEPE has experienced a drop of over 21% since reaching its all-time high of $0.00001718 on May 27. This all-time high could be due to the recent approval of the Ethereum spot ETF by the US Securities and Exchange Commission (SEC). At the time of writing, PEPE is trading at $0.00001374.
In this context, many people forget that 2024 also marks the celebration of the Olympic Games to be held in Paris on July 26. Therefore, if small funds should take advantage of this opportunity and store sports-related tokens, you can also purchase some #MEMEs related to the Olympic Games.
Many people on the Ethereum chain do not know that #Phryges is a good choice. This #MemeWatch2024 is currently listed on three exchanges following the $PEPE route.