Shiba Inu and PEPE: The Latest Situation in Meme Coins
The cryptocurrency market is experiencing a broad correction. This situation also affected meme coin projects such as Shiba Inu (SHIB) and PEPE.
Shiba Inu (SHIB)$SHIB
In the last 24 hours, SHIB price dropped by 5.4% to $0.00002404.
Its market value reached $14.17 billion.
Daily trading volumes increased by 100%, exceeding $840 million.
Whales Collect:
Despite the broad market correction, whales continue to accumulate SHIB.
Nine wallets purchased 1.35 trillion SHIB by depositing $35.2 million.
Investors used part of their Ethereum portfolios to purchase SHIB.
The average purchase price was $0.00002596.
Price Movements:
The $0.000026 threshold is seen as a sell wall preventing SHIB's rise.
At this level, 64,320 addresses purchased 69.74 trillion SHIB at a price of $0.000026.
When SHIB approaches this price, these addresses increase selling pressure.
This increased selling pressure often results in a price correction, as seen in recent market action.
As a result, SHIB retreated below the $0.000026 level, clawing back most of the gains from its recent rally.
PEPE:$PEPE
Global investment company Nascent turned the recent market decline into an opportunity and purchased 447.67 billion PEPE tokens for 5.48 million dollars.
This acquisition is an example of Nascent's "buy the dip" strategy.
With this acquisition, Nascent elevated PEPE to an important position in its portfolio.
Spot On Chain tracking reveals that Nascent purchased 447.67 billion PEPE tokens ($5.48 million) from Binance as its first PEPE investment.
Nascent's strategic move appears to be yielding early returns, as the current value of the tokens shows a profit of 4.8% ($262,000).
PEPE has now surpassed MKR to top Nascent's portfolio, with total profits from its investments reaching an impressive $2.45 million (+248%).
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.