- At press time, PEPE was buying and selling at $0.000002328.
- The value of the token has decreased by 10.93% within the final 24 hours.
- in 2023 Might 5 PEPE hit an all-time excessive of $0.000004354.
Three days after reaching an all-time excessive, PEPE, the meme token that has been on the rise these days, is now on the decline.
The value of PEPE has fallen 46.53% in simply thrice 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.
About 4.23 trillion PEPE tokens have been despatched to Binance
In line with a in a tweet Blockchain knowledge supplier Lookonchian, a large whale purchased 4.23 trillion PEPE tokens utilizing $422 ETH and $200,000 USD. The whale then transferred all of the bought PEPE to Binance.
The aforementioned transactions have been executed on Might 5, the identical day Binance introduced PEPE’s itemizing. Instantly after buying a trillion PEPE tokens, the value of PEPE skyrocketed, inflicting the whale to build up round 14.5 million.
There are fears out there that the whale’s transfer to ship meme cash to Binance could possibly be a preparation for a token sale to recoup earnings earlier than dumping the tokens. These fears have put stress in the marketplace, inflicting present costs to fall.
