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Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices?

Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices?
  • The market tilts toward utility in gaming tokens over meme coins.
  • While SHIB’s growth suffered after the investment, MANA, SAND, and GALA’s showed promise.
  • Notable Whale sells PEPE, profits $3.49M, and diversifies into SHIB, MANA, SAND, and GALA.

A notable whale investor recently made headlines by offloading 1.97 trillion PEPE tokens. This move netted $3.49 million in profit, as per Lookonchain, a crypto sleuth. 

The investor promptly redirected these funds into a diverse array of cryptocurrencies, notably SHIB (Shiba Inu), MANA (Decentraland), SAND (The Sandbox), and GALA. This decision underscores an understanding of market dynamics and a commitment to diversifying investment portfolios to harness growth opportunities in various crypto sectors.

Following this portfolio adjustment, the market witnessed notable shifts in…

The post Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices? appeared first on Coin Edition.

Read the article at CoinEdition

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Shiba Inu Price Falls 12% After Rejection From Key Resistance

Shiba Inu Price Falls 12% After Rejection From Key Resistance

Shiba Inu (SHIB) continues to face mounting pressure as market sentiment turns cautio...
Dogwifhat Crashes 17% as Bulls Meet Fierce Resistance at $1.33

Dogwifhat Crashes 17% as Bulls Meet Fierce Resistance at $1.33

Dogwifhat (WIF) has been experiencing a lot of selling pressure since it has been rej...

Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices?

Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices?
  • The market tilts toward utility in gaming tokens over meme coins.
  • While SHIB’s growth suffered after the investment, MANA, SAND, and GALA’s showed promise.
  • Notable Whale sells PEPE, profits $3.49M, and diversifies into SHIB, MANA, SAND, and GALA.

A notable whale investor recently made headlines by offloading 1.97 trillion PEPE tokens. This move netted $3.49 million in profit, as per Lookonchain, a crypto sleuth. 

The investor promptly redirected these funds into a diverse array of cryptocurrencies, notably SHIB (Shiba Inu), MANA (Decentraland), SAND (The Sandbox), and GALA. This decision underscores an understanding of market dynamics and a commitment to diversifying investment portfolios to harness growth opportunities in various crypto sectors.

Following this portfolio adjustment, the market witnessed notable shifts in…

The post Whale Dumps 2 Trillion Pepe Coins: Will Shiba Inu Hype Sink PEPE Prices? appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Shiba Inu Price Falls 12% After Rejection From Key Resistance

Shiba Inu Price Falls 12% After Rejection From Key Resistance

Shiba Inu (SHIB) continues to face mounting pressure as market sentiment turns cautio...
Dogwifhat Crashes 17% as Bulls Meet Fierce Resistance at $1.33

Dogwifhat Crashes 17% as Bulls Meet Fierce Resistance at $1.33

Dogwifhat (WIF) has been experiencing a lot of selling pressure since it has been rej...