😱🦈 Crypto Whales Pounce on These 2 Meme Coins in Early July 2024 😱🦈

**Main holders of Dogecoin (#DOGE) have escaped the decline**

Despite the recent decline, the price of Dogecoin has dropped by 23.76% in the past week, however this has not deterred crypto whales. Analyzing Major Holder Log data from IntoTheBlock, BeInCrypto revealed significant whale activity in the market, with holders controlling between 0.1% and 1% of the cryptocurrency.

On July 2, an influx of 61.88 million DOGE was recorded, and by the next day, the number skyrocketed to 516.08 million, signaling a massive accumulation by whales. Although it has since dropped to 215.90 million, these whales bought $23.74 million worth of Dogecoin in the first week of July at an average price of $0.11, marking a holdings increased 175.44% compared to the last week of June.

**Whale pushes Pepe (#PEPE) to new heights**

Meanwhile, Pepe has seen an explosive 2237.18% increase in Major Holders' Flow over the past seven days, showing frenzied whale activity. Despite their strong buying, PEPE's price remains relatively unaffected, currently trading at $0.0000078 – its lowest since May 4. If these whales continue shopping, that could eventually destabilize the price of the token.