CandleFocus PEPE Meme Coin Surges After Major Whale Transactions and Exchange Listings
2024-11-15
Author: Content Editor
Pepe (PEPE), a meme cryptocurrency, has gained attention with large-scale transactions and listings on major exchanges. One whale deposited 52.62 billion PEPE worth $10.03 million into Binance, securing a profit of $5.04 million in just eight days. Coinbase's announcement of listing PEPE led to a 61% surge in its price. Another whale transferred 500 billion PEPE worth $11.73 million to Coinbase, potentially positioning for a $10.52 million profit. Crypto analysts suggest PEPE may see further growth, but caution about volatility. The surge in PEPE's value is part of a broader trend in meme coins, which can signify market greed and emotional trading.
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