bullish

PEPE

USDC

Coin

<ul class="wp-block-list news-points">
 <li>A whale bought 173 billion PEPE tokens for 1.34 million USDC.</li>
 <li>The whale has already made a return of 886% ($1.77) on its PEPE holding.&nbsp;</li>
 <li>PEPE is trading at $057818 and is up 1.80% in the past 24 hours.</li>
</ul>
Meme coin PEPE (PEPE) is poised for a price surge as a whale recently acquired a massive 173 billion tokens amid a broader digital asset market collapse, with the crypto community now expecting a similar market reversal based on PEPE’s price surge.
According to a <a href="https://x.com/lookonchain/status/1829009067253133352" target="_blank" rel="noopener noreferrer nofollow">post</a> on social media platform X (previously known as Twitter) by blockchain analysis platform Lookonchain, a whale spent 1.34 million USDC tokens to purchase 173 billion PEPE tokens. The whale has already made $1.77million (+886%) from its investment in the meme coin and it seems that the wallet remains bullish on the digital asset. Lookonchain further added:&nbsp;
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “This trader spent 200K $USDC to buy 170B $PEPE on Oct 25, 2023 and held it until Jul 25, 2024, when he sold it for 1.97M $USDC, making a profit of $1.77M(+886%)!”
</blockquote>
According to the <a href="https://coinmarketcap.com/currencies/pepe/" target="_blank" rel="noopener noreferrer nofollow">data</a> from CoinMarketCap, PEPE has been one of the best performers during the recent market rally and is up 826.49% since August last year. At the time of…
The post <a href="https://coinedition.com/whale-buys-billions-of-pepe-potential-for-price-surge/" rel="noopener noreferrer nofollow">Whale Buys Billions of PEPE, Potential for Price Surge</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Whale Buys Billions of PEPE, Potential for Price Surge

Coin Edition

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