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Smart Money Moves: Memecoins Under Pressure as Sell-offs Intensify

In recent days, the memecoin market has noticed a shift in investor sentiment. Some tokens are selling off a lot. Long considered highly speculative assets, memecoins are increasingly being seen as definitely low-quality, and the prices of some are tumbling in a not-so-distant echo of the 2012-14 crash that took Dogecoin and a handful of other coins down with it. This week, we take a close look at the smart money's activity and the appearance of the increasing levels of selling pressure among some of the situation's tokens. Key Insights into the Current Sell-off Trend 1. $ARC Faces the Highest Negative Net Flow Among the various tokens being traded in the memecoin market, \$ARC stands out due to its significant negative net flow. It has the highest outflows of any token in the market, and that points to serious selling […]

Will Izuchukwu April 2, 2025

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News

CZ’s Donation Wallet Sparks Controversy After Destroying Memecoins Worth $3.6 Million

In a bold move that has sent shockwaves through the cryptocurrency community, CZ's public donation wallet has started to destroy some of the most valuable memecoins in the Binance Smart Chain (BSC) ecosystem. With an estimated value of $3.597 million, the tokens that have been obliterated include $Broccoli (caab), $Broccoli (714), and $TUT. This action, which has sparked a wave of both excitement and concern, is seen as part of a broader strategy by CZ to clean up his wallet and reduce the dominance of memecoins. CZ's Donation Wallet Takes Drastic Action These precious memecoins started to be destroyed when CZ's wallet took out a total of $3.597 million worth of assets. The assets included the following: - $Broccoli (caab): valued at $1.1 million - $Broccoli (714): worth $547,000 - $TUT: worth an astounding $1.95 million These tokens have made […]

Will Izuchukwu April 2, 2025

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News

$PEPE Faces Heavy Losses as Whales and Traders Struggle Amid Market Downturn

The cryptocurrency universe is undergoing a worrisome decline as the formerly favored $PEPE token battles to stay above crucial price points. In the last few weeks, the token has been under duress, with some of its biggest holders going in the opposite direction of the market. Most recently, the $PEPE whales and other significant token holders have been reorienting themselves to preserve losses that were stacking up from trades made over the last few months. A lot of this has got some short-sellers giddy, thinking that they now have a better chance of making money with the token declining instead of going up. Major Sell-offs and Risky Trades Amid Ongoing Market Decline A telling recent episode of the current situation is an enormous sell-off that happened today. One whale, a major holder of $PEPE, crashed the price by dumping an […]

Will Izuchukwu March 31, 2025

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Market Analysis

BONK PRICE ANALYSIS & PREDICTION (March 25) – Bonk Registers Highest Daily Gain in Months Following 30% Rallies

Bonk Inu and a few other meme coins are in the spotlight today following a significant surge in the past 24 hours. While under a retracement, the trend may change if the demand level increases. Following a slow and steady increase since the market suspended drops about two weeks ago, Bonk has seen a nice recovery as it continues to show strength daily. Meanwhile, the last 24 hours have been impressive following a major price increase, recording its highest daily gain for the first time in almost months. Although the price was slightly rejected to where it is changing hands at $0.0000137 at the moment. However, it is pertinent to note that the current buying phase is considered a retracement move of the previous bearish momentum. Therefore, we can expect selling pressure to resume shortly. As we can see on […]

Michael Fasogbon March 25, 2025

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News

New Whale Spends $2.72 Million in $WETH to Buy $PEPE: Funds Linked to TornadoCash

A recently identified whale has spent $2.72 million in $WETH to acquire $PEPE. The funds appear to be from an entity associated with TornadoCash. In an eye-catching development in the world of cryptocurrency, a rapidly forming whale has laid claim to a stunning sum—1,413.4 $WETH, pegged at approximately $2.72 million. They have spent this not-so-small chunk of change in the last eight hours to acquire a seriously large number of $PEPE tokens—437.7 billion, to be exact. What makes this purchase even more interesting is the ongoing regulatory drama surrounding TornadoCash, the privacy service from which these wallets seemingly got their $ETH. Whale’s $PEPE Purchase: A Bold Move During Price Rebound The whale, tagged with the wallet address 0x7A7D, has become the new holder of 437.7 billion $PEPE tokens. This purchase went down not long after $PEPE’s price made a sharp […]

Will Izuchukwu March 14, 2025

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News

Dogecoin $DOGE Faces Steep Decline: A Look Into the Current State of the MemeCoin’s Network and Market Activity

Dogecoin ($DOGE), the well-known meme coin that surged into the limelight in 2021, is seeing a dramatic downturn in its network activity and market performance. Once thought to have a good chance of being an up-and-coming cryptocurrency, it now looks like a has-been. Long-term holders and investors are facing what some describe as a denial phase, and various metrics and a gut feeling say that an old stalwart has serious challenges ahead, with contraction of trading volume and five-figure-dollar amount futures market, as well as the sharpest drop-off in the Dogecoin network that anyone can remember. Declining Network Activity: A 95% Drop For holders of Dogecoin, one of the worrying indicators is a steep slide in network activity. The count of active addresses on the Dogecoin network has nosedived by a stunning 95% in just a few months. In November […]

Will Izuchukwu February 27, 2025

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News

$MELANIA Whale Dumps Massive Stash, Suffering $14.6 Million Loss as Price Plummets

A prominent whale address in the $MELANIA market recently sold off 13.975 million $MELANIA tokens in one transaction, and that caused the token's price to drop 14.5%. The sale occurred just four hours ago and exchanged a good amount of $MELANIA for 14.316 million USDC. This is a singular event that spoke volumes about the volatility of the market and how one big player in it can dramatically impact prices. If you're an investor, you probably don't want to see this kind of thing happen to the asset you're holding. What makes this story even a little suspect with us is that this dramatic price drop incurred a $14.6 million loss for the whale—half of what they originally invested. Whale’s Painful Exit: A $14.6 Million Loss in Just One Transaction The whale's decision to divest completely from $MELANIA is a […]

Will Izuchukwu February 26, 2025

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News

Whale’s $TRUMP Investment Goes South: A $24.4 Million Loss after Months of Strategic Moves

A dramatic turn of events occurred recently when a cryptocurrency whale made a massive exit from their $TRUMP position, dumping over 763,000 tokens in a single transaction at a substantial loss. The trade, executed just three hours ago, had the investor swapping their $TRUMP tokens for $9.48 million in $USDC, registering a whopping $24.4 million lost and gone. This move seems to mark the end of a series of high-risk roll-the-dice decisions that have gotten whales from profit town to loss city in just a handful of weeks. A History of Success: $TRUMP Investment Pays Off… Briefly The journey of the whale with $TRUMP began with an impressive success. After buying into the token at what looked to be an extraordinarily fortuitous time, the massive investor was able to surf the initial bullish wave that followed the token's launch. By […]

Will Izuchukwu February 26, 2025

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News

Whale Adjustments in $PEPE: A Significant Loss and a New Entrant’s Bold Move

The unstable world of cryptocurrency makes it so that whale movements—especially those involving huge positions in popular tokens—commonly get taken as signals by the wider market. Lately, the attention-grabbing shifts in the $PEPE market have served to highlight this phenomenon. A prominent whale, often called one of the "ETH high win rate band brothers," has recently been reducing his sizable position in $PEPE and incurring big-time losses in the process. Meanwhile, an entirely new whale address has opened up a huge position in $PEPE and is now swimming alongside us in this part of the crypto ocean. Together, their tectonic shifts—up and down—have raised some eyebrows in $PEPE's market and gotten speculation swirling in crypto Twitter. Whale Cuts $PEPE Position, Incurring Losses The whale famous for its Ethereum-based investment triumphs has just deposited a shocking 188.1 billion $PEPE tokens onto […]

Will Izuchukwu February 25, 2025

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News

A Profitable Scheme: The $Broccoli Whale Creates “New Broccoli” and Ends Up With $460,000 Profit

Cryptocurrency's ever-evolving world brings new stories to light that showcase the cleverness and enigma of creating tokens. One such story tells of a $Broccoli whale—an individual who has raked in a significant amount of trading fortunes in $Broccoli tokens—embarking on a bold new journey. This ambitious fellow, after securing a cool $460,000, made the strange decision to not only create a brand-new token but to also seek to assassinate $Broccoli in the process. What ensued was a wild series of transactions where the "New Broccoli" was born and an enormous donation to the famous crypto figure CZ was made. The Birth of "New Broccoli" The tale started when the whale, having just pocketed an incredible profit of $460,000 from $Broccoli, thought to himself, “Hey, why not take this to the next level?” The very next day, after receiving a reply […]

Will Izuchukwu February 19, 2025

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