$PEPE is up 7% today! A wallet linked to Justin Sun that had been quiet for a long time has suddenly made a big move at just this moment! ๐ธ๐ฅ
According to on-chain analyst Ai Yi, a wallet linked to Justin Sun recently received 7.2 trillion PEPE from a Poloniex multisig wallet, worth approximately $28.44 million!
Even more interestingly, this wallet hasn't made any PEPE-related on-chain transactions for a long time, dating back to June 2024.
After being dormant for so long, suddenly receiving such a huge amount of PEPE is bound to get the market speculating.
And looking at today's market, $PEPE is already starting to take off.
Honestly, what often happens with meme coins is that no one pays much attention at first, then a major on-chain move suddenly occurs, and the price rallies on top of itโquickly drawing the market's attention.
As an established meme coin with a built-in following, PEPE could heat up faster than many expect if investor interest returns.
Of course, this transfer alone doesn't prove that the tokens were bought, nor does it mean the price will definitely continue to rise. But for those who like to track on-chain funds, a move of this scale is certainly worth watching.
I'm more curious about whether this wallet will make any further moves, and whether this rally in $PEPE can bring trading volume and market excitement along with it.
After all, when prices start moving, everyone remembers those memes that have been quiet for a while.
#PEPE #Memeๅธ #ๅญๅฎๆจ #้พไธๆฐๆฎ
According to on-chain analyst Ai Yi, a wallet linked to Justin Sun recently received 7.2 trillion PEPE from a Poloniex multisig wallet, worth approximately $28.44 million!
Even more interestingly, this wallet hasn't made any PEPE-related on-chain transactions for a long time, dating back to June 2024.
After being dormant for so long, suddenly receiving such a huge amount of PEPE is bound to get the market speculating.
And looking at today's market, $PEPE is already starting to take off.
Honestly, what often happens with meme coins is that no one pays much attention at first, then a major on-chain move suddenly occurs, and the price rallies on top of itโquickly drawing the market's attention.
As an established meme coin with a built-in following, PEPE could heat up faster than many expect if investor interest returns.
Of course, this transfer alone doesn't prove that the tokens were bought, nor does it mean the price will definitely continue to rise. But for those who like to track on-chain funds, a move of this scale is certainly worth watching.
I'm more curious about whether this wallet will make any further moves, and whether this rally in $PEPE can bring trading volume and market excitement along with it.
After all, when prices start moving, everyone remembers those memes that have been quiet for a while.
#PEPE #Memeๅธ #ๅญๅฎๆจ #้พไธๆฐๆฎ