Whale Crypto Makes a Huge Bet on $Pepe and $WLD Tokens

Exciting news for the Green Frog meme token lover and Worldcoin community. Whale Crypto has made a huge bet on $Pepe and $WLD by going all in on them.

A Whale has made a huge bet on the Green Frog meme token and Worldcoin ($WLD).

The Whale bought 292.97 billion $PEPE, valued at $2.17 million, and 273,000 $WLD, which is valued at $391,000 at the time of writing. Notably, the whale moved all the bought coins off the exchange.

After purchasing $PEPE and $WLD coins, the whale moved the coins off Binance Exchange into a new wallet. Usually, such an action is taken by investors who are planning to invest long-term in a project.

Whales in crypto trading have a lot of influence on price movement. Their huge buying or selling of a coin is noticed by the crypto community because of the transparent nature of crypto. So when whales buy and move coins off an exchange in huge amounts, the crypto market sees it as a sign of a price increase. This can lead to other traders buying the particular coin, which causes a bullish trend.

The action of Whales on $PEPE and $WLD has led to an increase in the price of the coins. Within 24 hours, the prices of the two coins started moving bullish. Some crypto enthusiasts believe the prices of the coins will continue to rise, while others think there will be a pullback. However, it’s important to know that cryptocurrency is a highly volatile market with unpredictable price changes.

Exchanges like Binance, which are centralized in nature, play a significant role in the crypto ecosystem. The platform is the biggest Exchange in the world based on trading volume. So when Whales move large amounts of coins off and on the exchange, it causes a visible impact on the crypto market. This is the reason why the activities of Whales on $PEPE and $WLD coins became visible to everyone.

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