Pepe coin’s sudden deposit triggers 5.2% drop, raising investor speculation.
New addresses show interest, potential for significant surge in Pepe.
In a sudden move that caught many investors off guard, a multisign wallet made a significant deposit of 1.238 trillion Pepe tokens, worth a staggering $10.6 million, to Binance. This hefty influx caused an abrupt 5.2% drop in the token’s price, leaving many wondering about the motives behind such a move.
Despite holding onto the tokens for only three days, the whale responsible for the deposit would have only realized a modest profit of $134,000, a mere 1.28% increase. This curious maneuver comes at a time when Pepe, like many meme coins, has been experiencing a period of volatility amid fluctuating popularity.
However, amidst the turbulence, there are glimmers of hope for Pepe community. Analysis of Santiment’s data reveals a promising uptick in Network Growth, indicating renewed interest from new addresses. This influx o
We współpracy z: https://thenewscrypto.com/can-pepe-be-able-to-conquer-its-current-volatile-state/
