On the 25th of August, millions of dollars worth of Pepe flooded crypto exchanges. Over 16 trillion tokens flowed out of a Pepe multisig wallet on its way to addresses associated with Binance Ox K. The movement of tokens followed changes to the oversight of how the wallet handles transaction approvals. They transferred out $15.6 million worth of Pepe on the multisig to an EOA address. That address started depositing the funds to exchanges, and then they changed the number of signers on the multisig from 5 to 2, suddenly adding security choice.
Since its inception, Pepe has become one of the most popular mini coins in recent days. It has surprised investors on several occasions, posing a threat to players like Shiba Inu and Dogecoin. Pepe could also reach a one billion dollar market cap soon. Chad GPT, an AI language model, has provided interesting insights on Pepe’s future. Becoming a market leader typically depends on various factors, including the specific industry, product, or field. Chad GPT believes that Pepe shall rise from the depths of obscurity to ascend as a vulnerable market leader, guided by the hands of Destiny itself. Pepe shall command attention, capturing hearts and minds with its infectious charm.
Pepe’s price has seen massive gains, consistently trending on the bigger way. However, it’s always better to do your own research. On-chart indicators show that Pepe’s relative strength index and money flow index have rested below the crucial 50 mark. Its on-balance volume also reflects a downward trajectory. Despite this, Chad GPT believes that Pepe will soon achieve a one dollar price.
In comparison, Dogecoin’s price has remained nearly the same over the past week. Shiba Inu has experienced a four percent fall in price. When asked about the possibility of Pepe beating Dogecoin and Shiba Inu in the mini coin battle, Chad GPT said that Pepe will challenge the other two mini coins in time.
