China News Official TheBitTimes.com

Pepe Coin was launched in mid-April this year. Right after its launch, masses from the crypto space started talking about it on social media platforms like Twitter and Reddit. In fact, it has time and again made it to the “trending” list by amassing millions of mentions. Post its launch, PEPE started astronomically surging. It’s known that centralized exchanges [ CEXes ] listed Pepe Coin quite a few days after it was launched. By then, there were already millionaires who minted profits by trading on decentralized exchanges [ DEXes ]. The Pepe Coin hype is been cooling down lately. However, the meme coin hype is still bubbling, and funds are already being diverted toward other tokens. Right from LADYS to WOJAK, a host of meme coins have stepped up over the past few days. In fact, as highlighted in an article today, a trader ended up making $1 million in meme coins by trading over a hundred different tokens. Also Read: Man Makes $1 Million in Meme Coins: Trades Pepe Coin, 1...

Also Read: Will Binance Exit U.S. Next After Canada? advertisement Pepe Coin Price Shoots 50% As per the data provided by Coinglass, the total liquidation comes in at $85 million over the past 24 hours. The single largest liquidation order recorded came from Bitmex of XBTUSD valued at $2.64 million. However, $46.81 million of the short positions (54%) got liquidated. This suggests that traders were expecting the crypto market to drop. Data depicts that almost $10 million of the liquidation came out from Pepe Coin in the last 24 hours. It is important to note that $6.8 million of the short positions (68.61%) got liquidated amid the recent surge. This shows that traders were looking for more Pepe price decline. Read More Crypto News Here… Source; CoinGlass Data Also Read: Can Coinbase Drag US SEC To Provide Clear Crypto Rules After This? Trending Stories Cardano Price need this Resistance Breakout to Tr...