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Market Cap:
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Cryptopolitan
2023-05-08 08:29:19

Memecoin Pepe suffers sudden price drop; crypto whale incurs huge loss

Memecoin Pepe suffers sudden price drop; crypto whale incurs huge loss

The newly introduced memecoin Pepe (PEPE) has experienced a sharp 42% decline in value just days after reaching its all-time high on May 6, leading to significant paper losses for at least one investor. Blockchain analytics service Lookonchain revealed that a crypto “whale” purchased 962.3 billion Pepe tokens using 70 Wrapped Bitcoin (WBTC) and 470 ... Read more

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