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news-imageFebruary 24, 2025

PEPE whale transactions plunge 880%: is the anticipated 45% price recovery at risk?

PEPE has witnessed a notable decline in whale transfers in the past 90 days. IntoTheBlock data shows large transactions plunged from December 9 at 1,520 to this week's 155. That reflects a significant 880% dip, indicating dwindled whale interest in the frog-themed token.
Publisher: Invezz
Sentiment: Negative
PEPE

More News Articles

Positive
cover-imageBenzinga
February 24, 2025

PEPE's Structure Similar To Dogecoin's 2021 Bull Cycle, Says Analyst Who Sees 'Unlimited' Potential For The Frog-Themed Crypto

A widely followed cryptocurrency commentator made a bold prediction about the potential of the frog-themed token Pepe (CRYPTO: PEPE) on Sunday, likening its structure to that of Dogecoin (CRYPTO: DOGE) during the 2021 bull market. What Happened: Iyx, known for studying chart patterns of popular meme coins, said that the potential of PEPE's next move is “unlimited,” drawing a parallel with Dogecoin's explosive run to $90 billion market valuation in 2021.

Negative
cover-imageCoingape
February 23, 2025

These Are the Best Cryptos to Buy As Pepe Loses Momentum

Pepe price has gone through a downswing in response to the increased bearish market conditions led by the recent, and possibly the biggest, crypto hack. The Bybit hack led to the loss of over $1.5 billion, leading to all high-cap tokens tumbling, with Pepe being one of the victims.

Positive
cover-imageBenzinga
February 21, 2025

Dogecoin 'Millionaire' Pushes 'Conviction Plays' Like PEPE Like There's No Tomorrow: 'Best Time To Start Buying'

Glauber Contessoto, popularly known as SlumDOGE Millionaire , advocated buying ‘conviction plays' like frog-themed Pepe (CRYPTO: PEPE) on Thursday, amid a broader slump in the meme coin market. What Happened: SlumDOGE Millionaire encouraged his X followers to seize the opportunity presented by the ongoing correction to invest in meme coins “like there's no tomorrow.

Negative
cover-imageBenzinga
February 19, 2025

Is The 'Meme-Pocalypse' Here? Dogecoin, Shiba Inu, Pepe, Bonk Open Interest Craters Over 50%

Open interest in meme coin futures has significantly decreased as prices have dropped, sparking a debate about the sector's future. What Happened: In a post on X on Feb 19, Glassnode data shows the decrease, with Dogecoin (CRYPTO: DOGE) open interest down by 58.45%, falling from $3.58 billion on Dec. 9, 2024 to $1.49 billion recently.

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