The Rise and Fall of Meme Coins: A Look at SHIB, PEPE, and More.

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Source: The Daily Hodl
The Rise and Fall of Meme Coins: A Look at SHIB, PEPE, and More.
Photo: The Daily Hodl
TL;DR Summary

An Ethereum whale nicknamed "BlackRock Fund" made over 10x in gains on Pepecoin (PEPE), flipping $244,000 into over $2.63 million trading PEPE. The mysterious entity has withdrawn most of its PEPE bag from Binance, for reasons unknown. Another trader on the Ethereum network made big gains on PEPE, and then reinvested them back into PEPE on its current price dip. At time of writing, PEPE is trading at $0.00000156, down nearly 8% in the last 24 hours.

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