Understanding the PEPE Coin Crash: Crucial Reasons Behind the Price Drop (PEPE)

Understanding the PEPE Coin Crash: Crucial Reasons Behind the Price Drop (PEPE)

full version at en.coinotag
  • PEPE, Crypto Twitter’s memecoin of the year, has decreased by over 6% in the past day, sparking a wave of speculation and analysis.
  • Despite the recent dip, experts and investors remain bullish on the meme coin, citing its potential for growth and recovery.
  • “Touched the 92 resistance. Won’t be long before a new all-time high,” says Plazma, highlighting the coin’s resilience amidst market fluctuations.

Decoding PEPE’s fall: An in-depth analysis of the key factors behind the meme coin’s recent price decline and the bullish outlook of experts and investors.

Why is PEPE Down?

Recent on-chain data from Etherscan reveals a massive withdrawal of nearly 1 trillion PEPE tokens from Binance, valued at almost $8 million. This significant transfer, coupled with another withdrawal of 322.48 billion PEPE tokens a day earlier, seems to be the... Read the full article for FREE at COINOTAG!

Recent Crypto News

Vitalik Buterin Introduces Massive Ethereum Update: Details
Investors Show Continued Interest in Bitcoin ETFs
Investors Show Continued Interest in Bitcoin ETFs
Rising On-chain Metrics Reveal ‘Solana Season’ Is Coming: SOL Price Analysis
Stellar Price Forecast: Analyst Predicts XLM’s 594% Surge to $0.681
Ripple Labs Sees XRP Surge Following Federal Court Ruling

Recent conversions

30000 DOP to EUR 28000 BTC to BTC 0.012 ETH to ETH 0.0036 BTC to CHF 0.0061 BTC to NOK 0.0004 BTC to NZD 1.2 SOL to BTC 4.25 ETH to BTC 0.55 ETH to USD 60000000 COP to GBP 60 SOL to CHF