DigiHorse (DIGI) Gains Momentum as PEPE Whale Takes Risky $1.34M Reinvestment Bet
As market dynamics shift in the crypto landscape, a notable PEPE meme coin whale has made headlines with a bold $1.34 million reinvestment, signaling renewed confidence in the market. Amid this volatility, DigiHorse (DIGI) continues to gain momentum, attracting investors looking for innovative opportunities in blockchain gaming.
A well-known trader in the PEPE meme coin community, famous for their savvy trading moves, has recently reinvested a substantial $1.34 million into PEPE tokens. This comes after the trader initially secured a profit of $1.77 million from a previous PEPE trade.
In October 2023, the trader purchased 170 billion PEPE tokens for $200,000 and strategically sold them in July 2024, capitalizing on a lucrative opportunity. The recent reinvestment involved buying 173 billion PEPE tokens using the $1.34 million USDC obtained from the earlier profits. This bullish maneuver occurred despite PEPE’s current volatility in the crypto market.
PEPE, valued at $0.000008063, has experienced a significant downturn, dropping over 32% in the past 30 days. Other PEPE whales haven’t been as fortunate; one whale holding 1.33 trillion PEPE faces a potential loss of $3.3 million, while another incurred a $2.3 million loss after selling 500 billion PEPE tokens.
Similarly, XRP has seen notable whale activity, with whales acquiring XRP valued at approximately $29.5 million this week. Earlier this month, XRP whales set a record by holding over 7 billion XRP, having accumulated an additional 662 million tokens.
However, these accumulation sprees have not been reflected in XRP’s price. Over the past week, XRP has declined by 6.2%, with a year-to-date performance showing a negative growth of 9%. Moreover, XRP remains down 85% from its
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