PEPE Whale's Buying Spree and Strange Transfers Shake Investors
TL;DR Summary
A significant holder of the memecoin PEPE took advantage of a price drop and purchased $529,000 worth of tokens, acquiring 640 billion PEPE. The price decline was triggered by modifications to a multisig wallet and concerns about potential developer manipulation. The changes to the wallet raised suspicions of a "rug pull," causing the value of PEPE to plummet by over 20%. The trading price of PEPE currently stands at $0.0000008738, with a trading volume of $283.05 million in the last 24 hours.
- PEPE whale seizes dip opportunity, buys $529K worth of tokens Cointelegraph
- Pepe coin crashes as developers send $16 million to exchanges, prompting fears of a rug-pull Fortune
- PEPE Dumps 20% Daily, Bitcoin (BTC) Rejected Ahead of $27K (Market Watch) CryptoPotato
- What’s Wrong With Pepe and Binance? Experts Reveal Reasons That Make Everlodge A Golden Option The Tribune India
- PEPE Drops 17% as Investors Are Spooked by Strange Transfers CoinDesk
- View Full Coverage on Google News
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