The new thinking for even a notable move by the $PEPE development team, saving a substantial 418.4 billion $PEPE tokens, estimated at $506,000, onto the Binance platform, indicates a powerful change in the $PEPE ecosystem. This essential move, revealed around two hours prior on the Spot On Chain X page, underlines the team’s proactive methodology.
As shared by Pepecoineth on X, the reason behind this huge transfer becomes clearer:
“418B $PEPE tokens are going to be transferred from the team wallet. These tokens are being sent to @binance Earn and will be rewarded to Binance users through various campaigns over the coming months that we are excited to share with you! 🐸”
This essential action exhibits the team’s ground breaking mentality as well as uncovers a pledge to including the community through Binance Earn in forthcoming campaigns. The anticipation is high among users as they anticipate exciting drives intended to unfurl over the coming months.
$PEPE Team Holds $3,880,000 worth of 3 trillion 209 billion $PEPE tokens
In spite of this substantial transfer, $PEPE remains solidly on its bullish trend, enlisting a great 80% surge in trading volume. With the $PEPE development team currently holding $3,880,000 worth of 3 trillion 209 billion $PEPE tokens, the huge balance reaffirms their substantial possession as well as opens ways for vital decisions that could shape the $PEPE market’s future.
Previously, the team burnt 6.90T $PEPE (then worth $5.83M) on Oct 24, which sent the price up ~30%.
Currently, the team address still holds 3.21T $PEPE ($3.88M).
— Spot On Chain (@spotonchain) November 20, 2023
As the $PEPE ecosystem goes through this groundbreaking stage, market members and devotees are eagerly following the advancing landscape, inquisitive about the potential effect of the team’s essential continues on the future trajectory of $PEPE tokens.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.