Crypto-Demon

🔮Two years ago, Terra’s LUNA cryptocurrency experienced one of the most catastrophic collapses in the history of the crypto market, falling in price by 99.999%. At the beginning of May 2022, LUNA's price was around $100, but by May 15 it had fallen to less than $0.002. This sharp drop resulted in investor losses exceeding $7 billion.🌟🌟The collapse was triggered by the failure of Terra's algorithmic stablecoin, US Terra (UST), which was supposed to be stabilized by the liquidity of LUNA. However, this model failed as UST had no support and was very volatile.🧧 When UST lost 40% of its value, LUNA's price fell irreversibly. Some traders benefited from the fluctuations, but many investors lost significant amounts, including life savings. Terra founder Do Kwon fled and became a fugitive before his arrest at Montenegro International Airport. Both South Korea and the United States sought his extradition for financial crimes, and South Korea eventually succeeded in his extradition. Do Kwon's attempt to save the project by launching another cryptocurrency, also called LUNA, failed, resulting in both tokens, LUNA and LUNC , turned out to be practically useless.This event highlighted the inherent risks of the altcoin market, highlighting the importance of cautious investment strategies. Another major scandal with the FTX exchange soon followed, highlighting the instability and potential for fraud in the crypto industry.

🐋 Whales Increase Stocks of PEPE Coins Prominent cryptocurrency investors, often referred to as “whales,” have significantly accumulated Pepe Coin (PEPE) over the past month. This strong buying activity has driven the price of PEPE to new heights. According to data from IntoTheBlock, wallets holding more than $100,000 in assets saw a noticeable increase in PEPE acquisitions, resulting in 100% of current PEPE investors making a profit. The price of the coin recently reached an all-time high of $0.00001156, after which there was a slight correction.🔸 Why are whales interested in PEPE coin? On-chain analysis platform Lookonchain highlighted notable transactions, including the May 15 purchase of 520 billion PEPE coins from Binance worth 5 $28 million. This whale is defined as a long-term investor, not a trader, and he is steadily increasing his stake. holdings without selling tokens. Despite a net loss of $6.1 million, the whale maintained a positive outlook with a 50% gain on five of the ten tokens acquired.🔸 What signals do large purchases send? Further significant acquisitions were reported, including a wallet associated with BlockTower Capital , which bought 202 billion PEPE worth $2.2 million through trading firm Cumberland. Even though the coin reached its peak price, large-scale purchases continued to pour in, leading to speculation about the future actions of these large investors. Data shows that all PEPE investors are currently in profit, raising questions about potential sell-offs by these whales.🔸 Key Insights for Investors Wallets with more than $100,000 in volume have increased PEPE holdings, pushing the price to new highs. Keith purchased 520 billion PEPE coins worth $5.28 million, indicating confidence in future earnings. BlockTower Capital purchased 202 billion PEPE coins, indicating institutional interest despite previous failures. 100% of PEPE investors are profiting, raising concerns that whales may profit.

Pepe memecoin community, please take note!☠️ Massive accumulation of Pepe tokens by whales hints at imminent price increases The cryptocurrency market always attracts the attention of large investors, who are called “whales”. And when these whales start accumulating a particular cryptocurrency, it usually signals an upcoming price increase. Lookonchain recently shared a post stating that 4 different whales have purchased large amounts of Pepe (PEPE) tokens over the last period. This is evidenced by Etherscan data showing that one wallet withdrew approximately 350 billion PEPE tokens from the Binance exchange. This withdrawal, instead of selling, demonstrates the determination of the wallet owner to hold on to this cryptocurrency. Moreover, another investor also withdrew 101 billion PEPE tokens worth approximately $885,000 from another exchange. Historically, such large periods of accumulation often precede large price surges. Santiment data also shows that on May 10, 63.55 million PEPE tokens left exchanges. The significant difference between tokens entering and leaving exchanges indicates that many investors want to hold this meme coin rather than sell it.These signs suggest that Pepe is unlikely to face significant price cuts anytime soon. Instead, it has the potential for an explosive rally, fueled by a significant influx of funds from whales accumulating the token.$PEPE

Whale activity increases Dogecoin reserves
Dogecoin investors saw the price drop from $0.1686 to $0.1423 during recent market movements and accumulated DOGE. Recently, on May 6, DOGE rose above the $0.168 price level, putting 5.21 million addresses in a profitable position. However, after this the situation changed. A slight price correction was observed throughout May 7th. According to network data provided by Santiment, DOGE whales took advantage of this drop and purchased 265.86 million DOGE tokens.