Pepe

Dogecoin

Shiba Inu

Trillion

The meme crypto sector recorded marginal recovery over the past 24 hours as the biggest of the digital assets printed green indexes. The recent relief rally on the one hand shows reflects the investors’ confidence in the market but it also presents a buy the dip opportunity for <a href="https://news.todayq.com/crypto-whales-who-are-they-and-how-do-they-move-the-market/" rel="noopener noreferrer nofollow">crypto whales</a>. The same kind of situation can be seen while looking at the whales linked transaction data. Crypto whales go for PEPE 
As per the data shared by WhalesAlert, a crypto whale had moved a huge amount of PEPE coins in the last 24 hours. The whale reportedly bought 4.049 trillion Pepe (Approx worth $31 million) in a single transaction from the Paribu.
Pepe has managed to recover from the last dump real soon and whales might be the reason behind it. The frog themed meme token took a hit yet it is still up by 10% in the last 30 days while the biggest meme crypto, Dogecoin, price had dropped by more than 25%.
Despite a slow surge, pepe coin price is up by major 712% over the last 90 days. It is trading at an average price of $0.000007933, at press time. However, it is still down by 29% from its all time high (ATH) of $0.00001074 recorded on March 14, 2024.
The frog themed meme token had gained another 6% in the last 24 hours. Its 24 hour trading volume is down by 5% to stand at $1.14 billion. Pepe is holding a market cap of around $3.38 billion to is the third biggest meme crypto. Meme market recovers 
The total crypto market cap saw a marginal surge over the last day to stand at $47.7 billion with a trading volume of $5.32 billion.&nbsp;
Dogecoin price jumped by around 4% in the last 24 hours. DOGE is trading at an average price of $0.136, at the press time. Its 24 hour trading volume took a dip of 36% to stand at $1.15 billion.
The same kind of scenario can be seen in Shiba Inu (SHIB) price action. SHIB price jumped by 3% over the last 24 hours but also shows a decline of 8% in the last 7 days. It is trading at an average price of $0.0000236, at the press time. SHIB’s 24 hour trading volume is down by 30% to stand at $613 million.

4 Trillion whale move helps PEPE to print greens

Todayq News

Other articles published on May 3, 2024

Whale Movements Impact Ripple’s XRP Market

How Will Bitcoin’s Next Move Affect Altcoins?

Official approval has been granted for spot Bitcoin and Ether exchange-traded funds (ETFs) in Hon...

3 May: Six New Solana Memecoins That Could Skyrocket 9,000% and Challenge Shiba Inu and Dogecoin

VET Prints Possible 500% Price Boom as VeChain Answers Aching Question of Why 2 New Tokens with V...

BTC Price Forecast: Signs Bitcoin Is Suffering From Post-Halving Hangover?

Join our free newsletter for daily crypto updates!