According to a recent tweet by The Data Nerd account, there has been a massive surge for the trendy PEPE meme coin, rising by 23% in the past 7 days. This incredible spike is due to heavy accumulating by multiple whales and smart wallets.
The Data Nerd shared insight on these most notable purchases and the massive cap held by these animals of finance – with one whale having bought more than one trillion PEPE.
Despite a slight fall, PEPE is still changing hands at $0.0000013854 on the OKX exchange. Large investors continue to stack up: Three whales are holding 2.51 trillion with $3.45 million of unrealized gain, 50 billion PEPE with an $68 million unrealized gain and 269 billion PEPE for a $380,000 unrealized gain.
The stock of SHIB, the crypto coins backing Shiba Inu, is also moving up. Thanks to a sensational sponsor act, market participants anticipate the launch of Layer 2 Shibarium blockchain should take place at the upcoming Blockchain Futurist Conference. Within two days – August 15th and 16th – the currency has appreciated by 25% while lagging to BTC.
