$PEPE The popular memcoin PEPE has seen a decline in the number of large transactions occurring within a single day over the last 30 days. The number of transactions with a value between $100,000 and $1,000,000 fell by 50.44 percent during that time, while the number of transactions with a value between $1,000,000 and $10,000,000,000 fell by 63.4 percent.
The decline in trading activity suggests that people's attitude towards the asset has turned negative. This usually means that whales aren't as invested as they once were or that they don't think prices will go up anytime soon.
$PEPE I think pepe is holding really good considering a whole market dip , its hard to be patient in times like this but remember it’s not just pepe .Take a look around the whole crypto and stock markets and you realize our KING OF MEMES is holding tuff .Peace out my fellow FROGGIES . 😎👍
I'd say if Bitcoin doesn't suddenly dump within days of IO's launch, IO will be more likely to be the first case scenario due to It's early age in the spot and both futures markets, also due to hype over pumping instead of dumping after launch (which usually happends in crypto launches) and overall trendiness of AI coins which keep poping up every day left and right and also AI in general. IO really had and has some perfect conditions (like some ramp) to jump fast and be recognized by many and also potentional in the AI Crypto space if it ever catches on, these are the early markets of AI's and the risk is on You.
KuCoin Research reported that the crypto space saw over $1 billion in investments in May, driven in part by the launch of #Notcoin (#NOT ), which had all its tokens circulating from the beginning.
This shift to Notcoin and other meme tokens occurred as investors sought alternatives to high fully diluted valuation (FDV) tokens with low circulating supplies.