Pepe coin's recent price fluctuations have been marked by erratic drops followed by sharp rebounds, leaving many investors on a rollercoaster of emotions. Behind these dramatic shifts are significant players often referred to as "whales" in the crypto world. These whales capitalize on market volatility by strategically accumulating large volumes of coins when prices are low and offloading them during price spikes. This repetitive cycle of buying low and selling high perpetuates the coin's fluctuating trajectory.
A notable example of this phenomenon occurred when a major investor sold a substantial 565 trillion Pepe coins after a significant price surge, reaping substantial profits from their earlier purchases at lower price points. The fundamental principle driving this behavior is clear: profit maximization through opportunistic trading.
To achieve stability and potentially drive prices higher, the cryptocurrency community may need to address the issue of excessive coin supply in circulation. The oversaturation of coins being actively traded can act as a barrier to sustained price growth, emphasizing the importance of strategic measures to regulate and optimize coin circulation.
