As popular meme coin Pepe (PEPE) continues to decline rapidly, investors are transferring their holdings to exchanges.
PEPE, which was launched at the beginning of April and started a meme token bull with its rapid rise, is having bad days. Finally Binance all-time high with (ATH) the one which… 0.00000459 dollars PEPE, which rose to the level of 75% lost value.
A similar situation is the popular meme token Shiba Inu (SHIB) experienced in particular and after the token Binance listing 80% had lost value. On the other hand, at the peak of the rise 1.5 billion At the time of writing, the PEPE market volume, which has increased to $ 520 million dollars looks so melted.
Big transfer to stock exchanges
On-chain analytics platform ScopeProtocol provided by data according to 1,176 different wallets PEPE assets in the last 24 hours 46 million dollars reduced. their assets to the stock markets transfer significant proportions of these wallets. sales is thought to have done. On the other hand, according to Nansen data “Smart money” PEPE, which is also held by the wallets called PEPE, which attracts attention with their successful purchases and sales, decreased by 3 million dollars.
In light of the data, the total amount of PEPE held by smart money wallets has been almost nearly as of late April. fifty fifty decreased. The amount of PEPE held in these wallets is at the end of April. from 13.5 trillion too much right now 6.9 trillion is level.
According to CoinGecko data, in the last 24 hours %27 depreciating PEPE, at the time of writing From $0.00000122 is being traded.
