Memetic / PepeCoin

Pepe Cash

Memecoin

The<a href="https://cryptosnewss.com/pepe-coin-hits-0-00001-amid-whale-sell-off-whats-next/" rel="noopener noreferrer nofollow"> Pepe (PEPE)</a> coin is grappling with strong bearish momentum, witnessing a sharp 15.9% price drop in just 24 hours, bringing its value down to $0.00001253. This significant decline follows intense whale activity, injecting a massive amount of tokens into the market and intensifying selling pressure.<h2 id="header-0">Whales Flood the Market, Triggering Volatility</h2>Recent on-chain data reveals that whale investors have transferred over 1.1 trillion PEPE tokens to Binance within the past few days. The largest transactions include:✅ 430 billion PEPE ($6.39 million) moved by wallet 0xfBfC…07Be✅ 325.5 billion PEPE ($4.9 million) transferred by market participants.eth✅ 200.88 billion PEPE ($2.85 million) sold off by 0xb1a2…6731✅ 140.83 billion PEPE ($1.98 million) sent to Binance by 0xC7ac…BE36These massive inflows have destabilized market sentiment, leading to increased volatility and uncertainty about PEPE&#39;s near-term price action.<blockquote>Many whales have recently sold off their entire <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> holdings.0xfBfC...07Be deposited 430B <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>($6.39M) to <a href="https://twitter.com/hashtag/Binance?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> 9 hours ago.marketparticipant.eth deposited 325.5B <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>($4.9M) to <a href="https://twitter.com/hashtag/Binance?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> 24 hours ago.0xb1a2...6731 sold 200.88B <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> for 2.85M <a href="https://twitter.com/search?q&#61;%24USDC&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> in the past 48… <a href="https://t.co/oJlJpEUbtv" rel="noopener noreferrer nofollow">pic.twitter.com/oJlJpEUbtv</a>— Lookonchain (&#64;lookonchain) <a href="https://twitter.com/lookonchain/status/1883708468558966819?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">January 27, 2025</a></blockquote><h2 id="header-1">Critical Support Levels Under Threat</h2>Pepe Coin’s price has remained within a trading range of $0.00000633 to $0.00001461 since April 2024. However, repeated rejections at the upper resistance levels suggest a potential move lower.&#x1f53b; Next Key Support: $0.00000782 – A breakdown here could send PEPE toward $0.00000633.&#x1f53b; Bearish Scenario: If selling pressure continues, a 56% price decline from current levels could materialize, pushing PEPE to a new low.<h2 id="header-2">Market Sentiment and Broader Crypto Trends</h2>PEPE’s bearish movement aligns with a wider market downturn, as even top cryptocurrencies like Bitcoin (BTC) have fallen below $100,000. Meme coins tend to experience higher volatility, making them particularly susceptible to whale-driven market fluctuations.With over 1.1 trillion PEPE tokens hitting exchanges, the market is at a critical juncture. Traders and investors should closely monitor whale activity and broader crypto trends to gauge potential price movements.The post<a href="https://cryptosnewss.com/analyst-predicts-dogecoin-could-reach-new-all-time-high/" rel="noopener noreferrer nofollow"> </a><a href="https://cryptosnewss.com/pepe-coin-under-pressure-is-a-major-price-drop-ahead/" rel="noopener noreferrer nofollow">Pepe Coin Under Pressure: Is a Major Price Drop Ahead?</a> appeared first on<a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow"> Cryptos Newss</a>.

Pepe Coin Under Pressure: Is a Major Price Drop Ahead?

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