Ethereum

Accumulate

Resistance

MEME

Coin

<p><a href="https://captainaltcoin.com/meme-coin-wave-lifts-pepe-to-new-heights-price-up-over-300-but-heres-the-catch/" target="_blank">PEPE has been one of the hottest stories</a> in the crypto market. The price jumped over 300% last week and an additional 50% today to trade around $0.0000073. With this dramatic surge in price, PEPE’s current market capitalization has exceeded $3 billion. </p> 
<p>Smart money continues to pile into PEPE as the token enjoys these extraordinary gains and reaches new all-time highs. SpotOnChain, an on-chain analytics platform, has reported that several prominent traders and institutions have been accumulating large positions in PEPE recently.</p> 
<p>SpotOnChain <a href="https://platform.spotonchain.com/en/signal-details/smart-trader-withdrew-meme-and-pepe-from-binance-40832" target="_blank" rel="nofollow">reported</a> that smart trader 0x37d withdrew $2.65 million worth of meme coins from Binance in the past 13 hours, including 38.85 million MEME valued at $1.63 million and 182.4 billion PEPE worth $1.03 million. This marked the first MEME and second PEPE transaction by this prominent trader, signalling growing interest.</p>  
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   Explosion in Meme Coin Market; How to find potential successors to $BONK, $PEPE, and $WIF?
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    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>NuggetRush</strong></a> today! This pioneering memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
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<p>Furthermore, SpotOnChain <a href="https://platform.spotonchain.com/en/signal-details/two-whales-bought-pepe-as-price-soared-43462" target="_blank" rel="nofollow">spotted</a> two whales accumulating significantly. Whale 0x379 withdrew a massive 500 billion PEPE from Binance valued at $2.90 million in a single transaction, the first time this whale held a position in PEPE. Meanwhile, whale 0x04e purchased 340.9 billion PEPE using $1.95 million USDC on average, also making its first foray into PEPE.</p> 
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<p>In another major development, Exnetwork Capital <a href="https://platform.spotonchain.com/en/signal-details/exnetwork-capital-withdrew-pepe-from-bybit-43644" target="_blank" rel="nofollow">withdrew</a> 142.79 billion PEPE from Bybit valued at $1.05 million according to SpotOnChain. This was the first time the VC firm, known as Exnetwork Capital, accumulated the meme coin pointing to rising institutional interest.</p> 
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<p>The incredible accumulation by bluechip traders and deep-pocketed entities in recent sessions reflects growing optimism around PEPE’s potential as it enjoys new all-time highs. With smart money stacking mammoth sums on every pullback, the current parabolic trajectory seems primed to continue powering the hyped meme token to even loftier price territories.</p> 
<p>Overall, the PEPE saga underscores the growing influence of meme coins and their power of driving market sentiment.</p> 
<p>You may also be interested in:</p> 
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<p>The post <a href="https://captainaltcoin.com/meme-coin-whales-continue-to-accumulate-pepe-as-price-skyrockets/">Meme Coin Whales Continue to Accumulate PEPE as Price Skyrockets</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Meme Coin Whales Continue to Accumulate PEPE as Price Skyrockets

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