CandleFocus Big Investor Buys 105B PEPE Worth $2M in One Transaction
2024-11-21
Author: Content Editor
An anonymous investor has made a high-profile purchase of PEPE tokens, spending $2 million worth of USDC to acquire approximately 105.33 billion PEPE in a single transaction. This transaction marks the user's first-ever PEPE purchase and signals confidence in the meme-based token's potential. The purchase comes after a recent dip in the price of PEPE, which sparked concerns among investors. However, this whale investor saw the dip as an opportunity to acquire PEPE at a discounted price. Other whales have also been accumulating significant volumes of PEPE in recent transactions. PEPE initially started trading at a very low price but quickly gained attention and reached a valuation of $1 billion. It currently trades at $0.00001931 with a market cap of $8.13 billion.
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