A major PEPE whale has sold off a significant amount of tokens, making a massive profit from their initial investment. This is just one of several high-value transactions within the meme coin market, as other whales also move their assets to Binance. Despite a recent price drop, experts predict a potential surge in PEPE's value as it forms a bullish pennant and gains traction within the meme ecosystem.
AAVE, the native token of the Aave protocol, has seen a 15.25% increase in value in the last 24 hours, making it one of the top five gainers among the top 100 cryptocurrencies. This surge in performance can be attributed to the proposal made by AAVE's founder, Marc Zeller, which aims to improve efficiency and value through a "seize and burn" approach instead of the traditional "seize and sell" ideology. This proposal also opens up opportunities for restaking and cross-chain liquidity, making Aave more attractive to investors. With a promising upgrade to V4 in the works, Aave is setting itself up for success in the digital asset market.