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Nascent’s $PEPE Journey: From Big Buys to Missed Opportunities and Modest Profits

The universe of cryptocurrency is filled with narratives of monumental profits, yet it's also cluttered with missed chances and learned lessons. One prominent story concerns a well-known investor dubbed Nascent, who stirred the crypto scene with his enormous trades in the fashionable memecoin $PEPE. Even after sinking a crazy amount of cash into it and holding it for several months, Nascent's voyage with $PEPE ended in a profit far smaller than one would expect, given how much he seems to have pumped into the "asset." Here is a breakdown of the moves (or nonmoves) that made Nascent's $PEPE position such a poor performer, relative to the plants he'd presumably waterhad he done so. A Strong Start: Nascent’s Big $PEPE Purchases Between June 6 and July 15, 2024, the cryptocurrency market saw an aggressive play from Nascent, which took a staggering […]

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TRUMP Token Faces Major Shift as Liquidity Pool Adjustments Spark Concerns

Recent changes in management of the TRUMP token liquidity pools are raising eyebrows in the cryptocurrency community. The team behind TRUMP has taken decisive action to stabilize the token's liquidity situation, but those actions may highlight bigger challenges ahead for the token and its trading community. The Shift in Liquidity Management The central alteration happened when the two initial liquidity addresses that were tasked with holding the TRUMP liquidity pools (LP) removed all assets and switched the tokens over to a fresh address, now known as the DEV address: 5e2qR...Lr5G7. From this point on, that address will be responsible for overseeing the management of the token’s LP. To bolster the cryptocurrency and restore trading activity, the developers of the token took steps to inject a large amount of capital into the TRUMP/USDC trading pair. In the past 10 hours, they […]

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Crypto Whale Ansem Makes a Bold Return to $WIF with $1.2M Buy-in

In a bold move, renowned cryptocurrency investor Ansem has returned to $WIF after three months away. Just hours ago, he made a significant bet on the popular dog-themed memecoin, plunking down a hefty $1.2 million to buy a whole bunch of $WIF tokens. In fact, he picked up 915,000 tokens at an average price of $1.31 per token. https://twitter.com/EyeOnChain/status/1884463290807652549?t=OS4kXvHZ9JvMt-MijP_spg&s=19 This most recent investment has rapidly positioned $WIF as Ansem's second-largest holding, bolstering his confidence in the token's prospects. Yet, like any daring play in the high-stakes world of crypto, his decision has come with immediate risks. His investment is currently "underwater" to the tune of about $55,000, with $WIF having slid down to around $1.25. But in the mercurial markets of today, any token can turn around tomorrow—if not today—so what does the appearance of risk really mean for this […]

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