Whales in the market often apply many strategies to manipulate the prices of various coins, including PEPE Coin.
Below are some common strategies:
1. Accumulation
Gradual buying: Whales often buy large amounts of PEPE Coin gradually to avoid drawing attention, so as not to raise the price immediately.
Accumulating at low prices: They can accumulate at support levels, where there is likely to be ample liquidity to keep prices stable.
2. Price manipulation (Pump and Dump)
Creating an upward trend: After accumulating enough, whales can push the price up by buying in large volumes to attract market attention.
Sudden sell-off: When the price rises sharply, they will take profits by selling all or a large portion of their assets, leading to an immediate price drop.
3. Create news (FUD/FOMO)
Spreading positive news: Whales can spread positive information about PEPE Coin to attract investors and increase demand.
Creating panic: They can also spread negative news to push retail investors out of the market, intentionally lowering the price.
4. Manipulation on exchanges
Creating fake trading volume: Whales can execute fictitious trades to create a sense of high volume, attracting attention from other investors.
Injecting large orders into the market: They can place large buy/sell orders to create a sense of scarcity or surplus, thereby influencing investor psychology.
5. Use technology and technical analysis
Market prediction: Whales often use technical analysis and data to predict price trends, thereby developing buy or sell strategies.
Exploiting psychological indicators: They monitor psychological indicators to know the best time to enter or exit the market.
In summary
Whales use various strategies such as accumulation, price manipulation, spreading news, manipulation on exchanges, and employing technology to manipulate the price of PEPE Coin. These strategies can lead to significant price volatility, so investors need to be cautious and monitor market trends and whale actions.