Whale 0xfbf Nets $13.1M Profit From PEPE While Diversifying Across Other Cryptos

Crypto whale 0xfbf, also known by the handle @degentradingLSD, has made a significant move by depositing 254.65 billion PEPE tokens (worth $5.15 million) to Binance, securing a hefty profit. Despite the sizable transaction, the whale retains 430 billion PEPE tokens, valued at $8.7 million, bringing their estimated total profit from PEPE to an impressive $13.1 … Read more

Whale 0x535 Withdraws $3.14M In PEPE From KuCoin Amidst Onchain Surge

A new crypto whale, identified as 0x535, has made waves in the memecoin market by withdrawing an additional 150 billion PEPE tokens (worth $3.14 million) from KuCoin. This marks the seventh transaction in the past eight hours, bringing the total PEPE accumulated by this whale to 309.6 billion tokens. The purchases, completed at an average … Read more

The Risks of FOMO: Trader Loses $166K In Two Days Chasing Memecoins

A cautionary tale about the dangers of FOMO (Fear of Missing Out) has emerged, as one trader lost a staggering $166.2K in just two days by chasing hype around memecoins.   The trouble began yesterday when the trader FOMO-bought $QUANT, only to see its price drop shortly after. Frustrated by the loss, he sold his $QUANT … Read more

Binance Embraces Memecoins, Leading The Charge In Trading Volume Surge

According to a recent report by TokenInsight, Binance’s strategic pivot towards memecoins has proven to be highly effective, signaling a shift in its approach to the cryptocurrency market. Since launching the $GOAT contract at the end of October, Binance has dramatically increased its involvement in the memecoin space, and the results are clear. Over the … Read more