Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices?
Release: 2024/03/01 23:34 Reading: 354
- The market tilts toward utility in gaming tokens over meme coins.
- While SHIB’s growth suffered after the investment, MANA, SAND, and GALA’s showed promise.
- Notable Whale sells PEPE, profits $3.49M, and diversifies into SHIB, MANA, SAND, and GALA.
A notable whale investor recently made headlines by offloading 1.97 trillion PEPE tokens. This move netted $3.49 million in profit, as per Lookonchain, a crypto sleuth.
The investor promptly redirected these funds into a diverse array of cryptocurrencies, notably SHIB (Shiba Inu), MANA (Decentraland), SAND (The Sandbox), and GALA. This decision underscores an understanding of market dynamics and a commitment to diversifying investment portfolios to harness growth opportunities in various crypto sectors.
Following this portfolio adjustment, the market witnessed notable shifts in…
The post Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices? appeared first on Coin Edition.
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