Pepe

Wednesday

when

April

<figure> 
 <figcaption>
  Cover image via <a href="https://u.today/">U.Today</a>
 </figcaption> 
</figure>
<p lang="en-GB" xml:lang="en-GB">Whale Alert cryptocurrency tracker has purchased a mind-blowing amount of <a href="https://u.today/3300000000-pepe-meme-coin-market-cap-adds-26-in-24-hours">meme cryptocurrency Pepe</a> on a major crypto exchange in Turkey. Several trillion Pepe have been withdrawn to an anonymous digital wallet.</p>
<p lang="en-GB" xml:lang="en-GB">This massive transaction was made after Pepe coin demonstrated a major price surge followed by a small correction.</p>
<h2 id="4-trillion-pepe-leave-paribu-exchange">4 trillion Pepe leave Paribu exchange</h2>
<p lang="en-GB" xml:lang="en-GB">Slightly more than three hours ago, an anonymous investor purchased a mammoth-sized amount of popular meme coin Pepe on leading Turkish cryptocurrency exchange Paribu. The whale withdrew a staggering 4,049,371,347,309 PEPE. This amount of crypto is evaluated at $31,091,073.</p>
<blockquote>
 <p lang="en" dir="ltr">🚨 🚨 4,049,371,347,309 <a href="https://twitter.com/hashtag/PEPE?src=hash&amp;ref_src=twsrc%5Etfw">#PEPE</a> (31,091,073 USD) transferred from <a href="https://twitter.com/hashtag/Paribu?src=hash&amp;ref_src=twsrc%5Etfw">#Paribu</a> to unknown wallet<a href="https://t.co/tVYqZmNPH2">https://t.co/tVYqZmNPH2</a></p>— Whale Alert (@whale_alert) <a href="https://twitter.com/whale_alert/status/1786324980961091859?ref_src=twsrc%5Etfw">May 3, 2024</a>
</blockquote> 
<p lang="en-GB" xml:lang="en-GB">Paribu boasts almost five million active users and has been operating on the market since 2017 – the year when Bitcoin soared to the $20,000 all-time high. The platform provides support for more than 60 cryptocurrencies traded against Turkish lira and stablecoins.</p>
<p lang="en-GB" xml:lang="en-GB">Another major purchase of PEPE took place on Binance earlier this week. On May 3, an anonymous whale <a href="https://twitter.com/spotonchain/status/1785877515317424488">withdrew 331.3 billion PEPE</a> to his wallet after paying $2.24 million for that meme coin chunk. In the past four days, this whale has withdrawn 660.7 billion PEPE worth $4.57 million from the Binance and MEXC exchanges.</p>
<h2 id="pepe-skyrockets-over-17">PEPE skyrockets over 17%</h2>
<p lang="en-GB" xml:lang="en-GB">Pepe continues its price ascent, started earlier this week. Over the past 24 hours, the prominent meme coin has increased by more than 17%, soaring to $0.00000174. This was followed by a 4% decline. However, over the past hour, PEPE printed a large green candle on an hourly chart, surging by 5.11%. At press time, the coin is <a href="https://www.tradingview.com/symbols/PEPEUSDT/">trading at $0.00000801</a>.</p>
<p lang="en-GB" xml:lang="en-GB">This is a whopping 31.5% price surge since Wednesday this week. One of the factors that has driven this price surge is the major U.S. exchange Kraken <a href="https://twitter.com/krakenpro/status/1786069017100276069">adding a PEPE-based margin pair</a>, exposing the cryptocurrency to millions of traders.</p>
<p lang="en-GB" xml:lang="en-GB">PEPE emerged in April last year. Made by an anonymous developer team, it was inspired by a popular meme based on the Pepe the Frog character. Several major exchanges quickly added support for PEPE last year, and this contributed to the expansion of its popularity on the cryptocurrency market.</p>

4 Trillion PEPE Mysteriously Bought on Top Centralized Exchange as Price Jumps 17.4%

Table of Contents

U_Today

Other articles published on May 3, 2024

Federal Reserve Dismisses Rate Hike Fears, Labor Market Cools, Apple Lures Investors With Record-...

XRP (XRP) Spearheads Unexpected Crypto Market Turnaround: A New Leader Emerges

Bumper Announces Token Listing on MEXC Exchange, Revolutionising Crypto Trading with AI

Pantera Capital Gencar Berinvestasi di Jaringan TON, Perkuat Pondasinya

Zeebu Announces 2nd Scheduled Token Burn Event – May 2024

Crypto Expert Turns Bullish On Bitcoin, Predicts Quantitative Easing Will Begin Soon

Join our free newsletter for daily crypto updates!