Prices and Whales Increased in PEPE and Meme Tokens! Whale, which has a 100 percent success rate, has purchased a large amount again!

Keith Gill, the stock trader and analyst who fueled the GameStop craze, has fueled a massive rise in meme tokens in the last few days.

The rise in meme tokens caused a revival of excitement among whales, who accelerated their purchases.

According to Spot On Chain's post, whales have accumulated $PEPE and $FLOKI in the last 24 hours.

Accordingly, controversial market maker DWF Labs, which has not purchased $FLOKI for more than a year, purchased $FLOKI from Binance again.

Secondly, a whale that was very successful in $PEPE trading also bought $PEPE worth $4.2 million. This whale has traded $PEPE twice before, making a total profit of over 100% both times.

“Smart investors have been accumulating $PEPE and $FLOKI in the last 24 hours! Is Memecoin season returning?

1. DWF Labs withdrew 2B $FLOKI ($394 thousand) from Binance.

Notably, this acquisition marks DWF Labs' first $FLOKI acquisition in over a year.

2.Smart investor 0x37d withdrew 407.74 billion $PEPE (worth $4.2 million) from Binance as the 3rd transaction 19 hours ago and has now earned $292 thousand (+6.95%).

This whale has made a total profit of $3.59 million (+100%) from 2 successful $PEPE trades in the past.”

IntoTheBlock also shared in his post that 100% of $PEPE holders made a profit after the rise.

100% of $PEPE holders are currently in profit pic.twitter.com/nbNp3esIlu

— IntoTheBlock (@intotheblock) May 14, 2024

With a 7% increase in the last 24 hours, $PEPE continues to trade at $0.00001039 at the time of writing.

*This is not investment advice.