#pépé #BinanceHODLerNXPC #CryptoRegulation #EthereumSecurityInitiative #币安钱包TGE
PEPE Coin between market fluctuations and whale maneuvers: Are we on the brink of a price explosion?
This week, the PEPE coin witnessed exciting price movements, characterized by a clear fluctuation between selling and buying activities. The coin started the week on a downward corrective trend after achieving strong gains in the previous period, only to find itself within a narrow price channel with attempts to break support levels.
Whale movements and their profound impact: 🐋🐋🐳
Interestingly, a number of whales (large investors) transferred huge amounts of PEPE to centralized exchanges, which increased selling pressure and led to a sharp decline mid-week. These maneuvers raised concerns among small investors and supported a wave of price panic.
Conversely, there are smart moves from some 'bulls' who took advantage of this decline to accumulate the coin, indicating future intentions to raise the price by injecting new liquidity.
Political events and their indirect impact 🏛🏰
Although PEPE is a meme coin, political events such as economic tensions between the United States and China, and decisions by the US Federal Reserve regarding interest rates, played an indirect role in the overall market volatility. Under these circumstances, investors are turning towards coins with lower market capitalization like PEPE in hopes of achieving quick profits.
Coin burning: A hidden tool for price explosion?♨️♨️
Among the positive news that has circulated recently are hints from some members of the development team regarding the possibility of implementing a burn round for part of the total supply of the coin. If executed, this step will lead to a reduction in the supply of the coin, creating buying pressure and supporting the theory of sudden price increase.
The impact of burning will be multiplied if accompanied by a promotional campaign from whales or new listings on major trading platforms.
The near future: Is there a 'magical touch'?💣🤏📅✈️
By reading the market and price analysis, it seems that PEPE is entering a phase of 'smart accumulation', where supply is being controlled by major investors in preparation for a potential upward wave in the coming weeks. With the rising talk about burning the coin and the increasing popularity of PEPE as a meme that carries both humorous and political themes, the coin may witness a sudden rise (Pump) if favorable conditions are met.
Summary:✒️🧐🤒📊♨️📉
Whales press then accumulate.
Potential burning is a price detonator.
Political events enhance volatility.
The coin is under observation, but its magical touch may appear suddenly.