- Cryptocurrency Influencer Claims Dogecoin Whales Are Utilizing Bots To Unfold FUD About PEPE Token.
- PEPE worth hits new all-time excessive, surpassing Dogecoin and Shiba Inu in buying and selling quantity.
- Large pockets traders proceed to pile into PEPE regardless of the alleged FUD marketing campaign.
Because the PEPE token grows in recognition, crypto influencer ExitLiquidity454.eth has accused Dogecoin whales of spreading concern, uncertainty and doubt (FUD) concerning the new meme coin. The influencer took to Twitter to share screenshots of bot accounts, urging folks to trade PEPE tokens for Dogecoin, even claiming that the worth of PEPE would “shrink” and traders wouldn’t be capable to liquidate their holdings. Influencer wrote:
Nice desperation for just lately lifeless canine cash. #FROGSOVERDOGS.
Regardless of the alleged FUD marketing campaign, the PEPE group stays unfazed. Some customers declare that the destructive consideration is definitely good for the meme coin. One such person claims that PEPE has damaged the fourth wall of cryptocurrencies and can displace DOGE.
The value of PEPE just lately hit a brand new all-time excessive of $0.0000010947, surpassing each Dogecoin and Shiba Inu in buying and selling quantity. PEPE is now ranked third within the meme coin class, with a 24-hour buying and selling quantity virtually double that of Shiba Inu.
Knowledge from crypto intelligence tracker Santiment exhibits that enormous traders, or “whales” with greater than 1,000,000 PEPE, have been steadily accumulating the token since April 26. Whales with 10,000,000 to 100,000,000 PE00000000010 0 cash and 1,000,000 to 10,000,000 PEPE all tokens are repeatedly added to their portfolios.
However not all whales purchase the meme token. A specific PEPE whale was reported to have offered about 100 billion PEPE for 21 Ethereum (ETH), value roughly $40,000, when the coin was value about $0.0000004007. The identical whale had bought 5.9 trillion PEPE with 0.125 ETH 4 days earlier. To this point, the whale has offered about 800 billion PEPE, or 14% of all PEPE, for 117 ETH (value $221.5K) at a mean sale worth of $0.0000002744.
In a associated improvement, cryptocurrency trade OKX on Could 1. introduced that it has listed the PEPE token, rising its visibility within the cryptocurrency market.
