Release: 2024/12/28 19:20 Reading: 687
PEPE Meme Coin: Consolidating for Upward Momentum
Amid market uncertainty, PEPE Meme Coin (PEPE) stands as the third-largest crypto meme coin globally. The market has witnessed a downturn, affecting major assets such as Solana, Ethereum, Bitcoin, and PEPE.
PEPE Whale's Significant Purchase
Despite the market dip, a significant transaction has garnered attention: a crypto whale repurchased 1.42 trillion PEPE tokens, worth approximately $24.5 million. This notable purchase reflects their continued interest and confidence in PEPE. Notably, the whale had previously sold all their PEPE holdings for a profit of $211.7 million.
Market Struggle
Like other major cryptocurrencies, PEPE is navigating the market challenges.
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