#Pepe
๐๐๐๐ ๐๐ค ๐๐๐ผ๐พ๐ ๐ฏ๐ฏ
๐๐๐ฅ๐ ๐พ๐ค๐๐ฃ ๐๐ง๐๐๐ ๐๐ค๐ก๐๐จ ๐๐ฉ๐๐๐๐ฎ ๐๐จ ๐๐๐๐ก๐ ๐๐๐ฉ๐๐ก๐ค๐ฌ๐จ ๐๐ฅ๐๐ ๐ 54% ๐ฟ๐๐จ๐ฅ๐๐ฉ๐ ๐๐ค๐จ๐จ.
Pepe Coin (PEPE) price appears to have found its footing at $0.000011 as the meme coin recorded a significant decline in volatility in the last three days. The steady price movements follow a 54% increase in whale netflows as large addresses actively purchased the coins sold by traders who were exiting the market following a surge in losses to the highest level in one month.
In the last three days, PEPE price has fluctuated between $0.0000106 and $0.000011. Such moves are usually rare for meme coins, which are popular for having notorious volatility where the price can record massive dips or gains within a short time. At press time, the token was trading at $0.0000115 with a 3% gain in 24 hours, as the uptrend mimicked recovery across the broader market.
The recent price moves follow a 54% uptick in large holder netflows as depicted by IntoTheBlock data. Whale holdings have increased from 81 billion to 125 billion, which shows that they bought 44 billion tokens within 24 hours. However, as the chart below shows, these netflows are yet to reach their weekly highs, suggesting that some whales remain hesitant.
At the same time, whale inflows also rose from 1.2 trillion PEPE to 1.92 trillion tokens. The inflows indicate that large addresses have added more tokens to their wallets than they have sent to exchanges, which could be good for the price of this top meme coin.
๐๐ก๐๐๐จ๐ ๐๐ค๐ก๐ก๐ค๐ฌ &๐ก๐๐ ๐ ๐๐ค๐ง ๐ฃ๐๐ฌ ๐ช๐ฅ๐๐๐ฉ๐๐จ ๐๐๐๐
