TL;DR
- Bored of meme coins? So was everyone else—until this PEPE kerfuffle hit the headlines with more drama than a schoolyard secret. Lookonchain says something sneaky is afoot.
- PEPE’s price did a gymnastic leap! It’s wobbling back to life with a suspiciously ‘W’-shaped comeback, giving analysts a “W” for “What just happened?”
Picture this: Five wallets, fueled with more cash than a chocolate factory’s annual cocoa supply, bought enough PEPE tokens to sink a canoe ($4.28M for 611 BILLION PEPE!).
All five wallets recently pulled ETH out of Tornado—a place hackers love nearly as much as Oompa Loompas love rhymes. Coincidence?
Are digital tricksters loading up on PEPE for a rainy day?
Imagine addresses like: 0x5D05… and 0x53abA… (because real hackers never use easy-to-remember names).
– Lookonchain (@lookonchain), 16 April 2025
Suddenly, PEPE’s got all the attention of a golden ticket. Five mysterious wallets blew basically $4.3M in only 8 hours, hoarding so many tokens it would make Scrooge McDuck look stingy. Why? Because they grabbed their ETH straight from Tornado Cash—the blockchain’s version of a trench coat and fedora. When you want to look suspicious, that’s where you go.
At its very silly core, PEPE is now the world’s third-largest meme coin, flexing a $3 billion market cap like a frog after leg day. After the U.S. elections, it went from a hopeless ribbit to the Olympics of Coin Frogs, bouncing from $0.00001 to a mighty $0.000028 before gravity and smarter coins brought it crashing earthwards. Now, it’s dangling 75% below its glory days, even as it nervously hops up 13% this week alone. 🐸
Popularity, though, can be as fickle as a child swapping chocolate bars. When Trump’s TRUMP coin vaulted onto the scene, it leapt past PEPE like a wind-up chattering teeth toy. Not to mention FARTCOIN, which basically flatulated its way to meme coin infamy and left PEPE in the stink.
$0.00009. If that ever happens, it’s a ribbiting rally of 1,100%. Your mileage—and sense of disbelief—may vary. 🐸🚀
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2025-04-16 16:38