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Crypto Market Experiences Turmoil: PEPE Whale Movements, Solana Drops, and Unstaked Surges

Crypto Market Experiences Turmoil: PEPE Whale Movements, Solana Drops, and Unstaked Surges

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by Giorgi Kostiuk

6 hours ago


The crypto market is experiencing strong fluctuations: whale activity in the PEPE community, price drops in Solana, and the rapid development of Unstaked, which is nearing its $10 million presale goal.

Whale Movements in PEPE Cause Volatility

In the meme coin market, a jolt occurred as PEPE's price dipped by 5%, prompting whale activity. Over 2.4 trillion PEPE tokens were moved through Binance. Some holders made significant sales while others began to actively buy tokens, creating an atmosphere of uncertainty but also signs of confidence in the market.

Solana's Decline: Key Levels and Technical Analysis

Solana continues to slide, losing the crucial $160 level. Analysts warn of a possible drop to $151.97 or even $130. Technical indicators such as RSI and Chaikin Money Flow are showing bearish trends, leaving bulls on the defensive and leading to thoughts of exit strategies in the market.

Unstaked: Success Approaching $10 Million in Presale Funding

The Unstaked project is gaining traction and has already raised over $9.2 million in presale, now in its 19th stage. Its unique Proof of Intelligence framework offers users new opportunities and focuses on rewarding active participation. The support from tokens providing governance rights is also drawing investor attention.

Despite the volatility and downturns in other areas of the crypto market, Unstaked is showing solid growth. The attention towards assets with real utility and transparent governance structures appears to be increasing.

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