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Could SHIB Be the Next in Line After PEPE Delivered 178%?

Published 2024-02-29, 02:55 a/m
© Reuters.  Could SHIB Be the Next in Line After PEPE Delivered 178%?
SHIB/USD
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Coin Edition -

  • After making millions of gains from PEPE, a whale decided to SHIB.
  • The AO, alongside the Supertrend, supported SHIB’s rise to $0.000015.
  • Capital rotation and profit-taking could drive PEPE down to $0.0000027.

According to Spot On Chain, a whale made $3.47 million from Pepe (PEPE) after the meme coin hit an all-time high (ATH). Spot On Chain noted that the whale deposited all the 1.97 trillion PEPE tokens he owned to Binance, as gains on the holdings had increased by 135%.

But after depositing the tokens, the whale bought 75.91 billion Shiba Inu (SHIB) tokens and withdrew them from Binance.

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