Bitcoin
Bitcoin (BTC)
$69,455.00 -0.79765
Bitcoin price
Ethereum
Ethereum (ETH)
$2,490.49 -1.28177
Ethereum price
BNB
BNB (BNB)
$568.17 -1.3988
BNB price
Solana
Solana (SOL)
$164.38 -1.63888
Solana price
XRP
XRP (XRP)
$0.510716 -1.51158
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -1.10537
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -3.6548
Pepe price
Bonk
Bonk (BONK)
$0.0000189 -4.04577
Bonk price
Bitcoin
Bitcoin (BTC)
$69,455.00 -0.79765
Bitcoin price
Ethereum
Ethereum (ETH)
$2,490.49 -1.28177
Ethereum price
BNB
BNB (BNB)
$568.17 -1.3988
BNB price
Solana
Solana (SOL)
$164.38 -1.63888
Solana price
XRP
XRP (XRP)
$0.510716 -1.51158
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -1.10537
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -3.6548
Pepe price
Bonk
Bonk (BONK)
$0.0000189 -4.04577
Bonk price
Bitcoin
Bitcoin (BTC)
$69,455.00 -0.79765
Bitcoin price
Ethereum
Ethereum (ETH)
$2,490.49 -1.28177
Ethereum price
BNB
BNB (BNB)
$568.17 -1.3988
BNB price
Solana
Solana (SOL)
$164.38 -1.63888
Solana price
XRP
XRP (XRP)
$0.510716 -1.51158
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -1.10537
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -3.6548
Pepe price
Bonk
Bonk (BONK)
$0.0000189 -4.04577
Bonk price
Bitcoin
Bitcoin (BTC)
$69,455.00 -0.79765
Bitcoin price
Ethereum
Ethereum (ETH)
$2,490.49 -1.28177
Ethereum price
BNB
BNB (BNB)
$568.17 -1.3988
BNB price
Solana
Solana (SOL)
$164.38 -1.63888
Solana price
XRP
XRP (XRP)
$0.510716 -1.51158
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000175 -1.10537
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000087 -3.6548
Pepe price
Bonk
Bonk (BONK)
$0.0000189 -4.04577
Bonk price

Pepe down 4% amid reports of whale dumping on Binance

pepe-down-4-amid-reports-of-whale-dumping-on-binance
Edited by
News
Pepe down 4% amid reports of whale dumping on Binance

Pepe meme coin faced selling pressure as the broader crypto market dipped, with reports of a whale allegedly selling one trillion coins.

Crypto influencer Jake Gagain claimed that an unknown Pepe (PEPE) whale offloaded one trillion tokens, worth approximately $8.7 million, on crypto exchange Binance.

While crypto.news was unable to independently verify Gagain’s report, market data certainly confirms a downward movement in Pepe’s price. The Kermit the Frog-inspired meme coin slumped over 4% in 24 hours, adding to a 14% decline on the weekly timeframe.

Pepe’s market cap retraced to $3.6 billion as of Oct. 28, though the token remained within the top 30 cryptocurrencies by market valuation.

Pepe down 4% amid reports of whale dumping on Binance - 1
24-hour PEPE price chart – Oct. 28 | Source: crypto.news

The drawdown encompassed crypto’s entire meme coin ecosystem. According to CoinGecko, the meme category was down to $62.2 billion in total after a 14% drop in the past day. Meme coin leaders like PEPE, Shiba Inu (SHIB), dogwifhat (WIF), Bonk (BONK), and Floki (FLOKI) all dropped in price across both daily and weekly charts.

None-meme altcoin and crypto majors also suffered modest price regressions. The total cryptocurrency market cap was down nearly 1% and hovered around $2.4 trillion.