Recently, there's something fishy behind the surge of $PEPE ! A big player secretly bought 20 trillion PEPE in 9 days and managed to drive the price up. This guy made a fortune, with a paper profit of 7.66 million dollars. Just as he made the money, he suddenly turned his back and dumped 500 billion PEPE on the exchange 20 minutes ago, cashing out 6.34 million dollars. This is really a bad look!
Now this big player still holds 1.5 trillion PEPE, worth 19.2 million dollars. To put it simply, this is a self-directed play: buy low, drive up the price, and then sell as soon as it goes up. It's a pity for those small retail investors who followed the trend, they were just cut down like leeks.
In my opinion, how PEPE performs next all depends on this big player's mood. If he continues to sell, the price will definitely crash; if he holds onto his chips and pushes up again, who knows, he might trick some people into taking over. This kind of meme coin works like this, it rises sharply and then falls even more sharply. Everyone must not let the soaring prices cloud their judgment; when the big player eats meat, the small retail investors can't even get a sip of soup, and they might even lose money!
The market has experienced a crash, and next, I will prepare some coins suitable for bottom-fishing as a recovery plan. If you're feeling lost and helpless, follow me! Choice is greater than effort!
