Could SHIB Be the Next in Line After PEPE Delivered 178%?
Release: 2024/02/29 16:04 Reading: 913
- After making millions of gains from PEPE, a whale decided to SHIB.
- The AO, alongside the Supertrend, supported SHIB’s rise to $0.000015.
- Capital rotation and profit-taking could drive PEPE down to $0.0000027.
According to Spot On Chain, a whale made $3.47 million from Pepe (PEPE) after the meme coin hit an all-time high (ATH). Spot On Chain noted that the whale deposited all the 1.97 trillion PEPE tokens he owned to Binance, as gains on the holdings had increased by 135%.
But after depositing the tokens, the whale bought 75.91 billion Shiba Inu (SHIB) tokens and withdrew them from Binance.
After $PEPE reached new ATH, smart whale 0x37d deposited all 1.97T $PEPE ($6.06M) to #Binance ~7hrs ago, making $3.47M (+135%) if truly selling.
— Spot On Chain (@spotonchain) February 29, 2024
Moreover, the whale withdrew 75.91B $SHIB ($893K) from #Binance for the first time ~1hr ago. Bullish for a $SHIB pump soon?
Follow… pic.twitter.com/dEX9SgQXrR
PEPE’s price jumped by 182% in the last seven days. Within the same period, Shiba Inu’s price increased by 39.14%, CoinMarketCap showed.
Shiba Inu (SHIB) Price Analysis
SHIB exited its long-standing consolid…
The post Could SHIB Be the Next in Line After PEPE Delivered 178%? appeared first on Coin Edition.
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