I understand that they would burn half of the tokens to give it strength in the coming days or months
Life is like a coin
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🐸💰 500 Billion $PEPE Vanishes from Binance — Bull Signal or Meme Dream?
A massive 500B PEPE token withdrawal just hit the blockchain — and no, this isn’t a test transaction.
According to on-chain sleuths at Lookonchain, a freshly minted wallet just scooped up half a trillion PEPE from Binance, sending crypto Twitter into full Pepe Panic Mode. 👀
Now here’s where it gets interesting:
This isn’t just a flex — it’s classic whale behavior before a major move
With 500B PEPE off CEXs, we’re looking at a potential supply squeeze
Price is already up 13% this week, outperforming both BTC and fellow meme veterans like DOGE & SHIB
In the context of a meme coin market heating up again, this looks a lot like wave 3 of an Elliott Wave structure, with Fibonacci targets pointing toward $0.00012. Translation? We might be entering the pre-historic meme bull phase again. 🐸🚀
But what does this mean for traders? 📉 Circulating supply down → Demand stays up = Classic price pressure formula
🔍 Eyes are now glued to on-chain: if accumulation continues, PEPE could lead the next meme leg up
At the time of writing:
PEPE price: $0.000007
Volume: $443M
Market cap: $3.01B
And analysts aren’t holding back — if momentum holds and whale games continue, $0.00012 is officially on the table.
Is this just another meme move, or are we witnessing the rise of the frog overlords?
Drop your charts 🧠, your hopium 🐸, or your bear cope 🐻 in the comments. Let's hear it: Will PEPE meme its way to a new ATH? #TrumpTariffs #PEPE #binance #GoldPricesSoar #MarketPullback
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