The developer behind the memecoin PEPE had sold around 16 trillion tokens.
The trading volume of PEPE has experienced a surge of 285.27%.
Pepe (PEPE), the frog-themed memecoin, has experienced a massive downtrend, resulting in a decline of around 20% in the last 24 hours. Adding to that, the developer behind Pepe memecoin has moved over 16 trillion PEPE tokens, worth $15.6 million.
PEPE DEVS DUMPING
In the past few hours, @pepecoineth devs have sold over 16T #PEPE tokens, worth over $15.6M.
They still hold around 2.5% of the total supply, so keep an eye on their wallet.
Their wallet address
0x5BdEA820293689B77FA8e83b1E3D58B27B5ce9BA pic.twitter.com/ptVqPvBEq9
— Global Rashid (@globalrashid007) August 25, 2023
On August 25, a crypto influencer tweeted that the developer behind the memecoin PEPE had sold around 16 trillion tokens. The transactions are worth around $15.6 million. However, the account still holds 2.5% of the total supply. So the crypto community is closely watching
We współpracy z: https://thenewscrypto.com/pepe-drops-over-16-after-massive-dump/
