- At press time, PEPE was buying and selling at $0.000002328.
- The worth of the token has fallen by 10.93% previously 24 hours.
- PEPE reached an all-time excessive of $0.000004354 on Might 5, 2023.
Three days after hitting an all-time excessive, PEPE, a meme token that lately noticed its recognition skyrocket, is now in decline.
The worth of PEPE fell 46.53% in simply three years from its all-time excessive of $0.000004354, which it reached after the meme token was listed on a number of main exchanges, together with OKX and Binance.
PEPE Award
Round 4.23 trillion PEPE tokens despatched to Binance
In line with a Tweeter by blockchain knowledge supplier Lookonchian, an enormous whale bought 4.23 trillion PEPE tokens utilizing $422 ETH and $200,000 USDC. The whale then deposited all of the PEPE bought from Binance.
The trades above have been made on Might 5, the identical day Binance introduced the itemizing of PEPE. Instantly after buying the trillion PEPE tokens, the worth of PEPE skyrocketed, ensuing within the whale making a revenue of roughly $14.5 million because it deposited the token on Binance.
There’s a worry available in the market that the whale resolution to ship the meme cash to Binance is in preparation to promote the tokens to recoup the income earlier than the token dumps. These fears have put stress available on the market resulting in the present decline in costs.