Time to Buy PEPE? Meme Coin Whale Says Yes, But This $0.0016 Rival Is a Better Altcoin Pick

The PEPE price pumped around 13% this week which is in line with most other top meme coins such as DOGE or SHIB. It’s now trading around $0.0000086 which is still around 70% below PEPE’s all-time high from December.

On-chain analytics platform ‘Spot On Chain’ reported a new whale accumulation of PEPE this morning. A newly created wallet withdrew 500B $PEPE ($4.3M) from Binance.

Why Whale Moves Matter

Big wallet moves can be a big deal for crypto investors. When a whale pulls out a huge chunk of tokens from an exchange, it might mean they believe in the coin’s future. This massive $4.3 million PEPE transfer could signal something positive is coming.

Price predictions for PEPE remain cautious. The token could potentially reach $0.0000150 in the next few months if market conditions improve, but it would need big momentum to break past recent resistance levels. The current whale activity might be an early indicator of potential price movement.

Read also: Whales Fuel DOGE Price Recovery, But This Dogecoin Challenger Is Ready for 8x Pump in April

Best Meme Coin to Buy Now? How Solaxy Works

Solaxy is a Layer 2 solution for Solana that solves some real blockchain headaches and could potentially be a better pick than PEPE right now. It tackles network congestion, cuts down transaction failures, and makes moving between Solana and Ethereum smoother. Here’s how it tackles challenges:

Transaction Offloading: Solaxy moves most transactions off Solana’s main chain. This reduces network congestion and makes transactions faster and cheaper, especially during high-traffic periods.

Multi-Chain Architecture: The platform bridges Solana and Ethereum, allowing smooth asset transfers between these two major networks. This interoperability is a game-changer for crypto users.

Transaction Bundling: Solaxy groups transactions together, which helps optimize scalability and cut down on processing costs. This approach supports applications that need to handle lots of transactions quickly.

Real-Time Monitoring: The platform uses advanced tools to watch network performance and predict potential bottlenecks before they happen.

Crypto veteran Austin Hilton released a video to his 342k subscribers about SOLX after this new meme coin broke past huge presale milestone.

Priced at $0.001676, Solaxy has already raised over $28 million since December. With Pepe Unchained doing 8x after its launch in December as Ethereum’s layer-2, many are watching to see if Solaxy might follow a similar path when it launches in the next few weeks. Until then, you can buy $SOLX token through the official presale website.

Visit $SOLX Presale Today

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!

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