Reason for PEPE token move might not be farfetched
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Cryptocurrencies based on the Ethereum blockchain, such as Shiba Inu and PEPE, have seen substantial moves in the last 24 hours. Two trillion SHIB worth $62,232,000 were transferred from KuCoin to an unknown wallet in a similar move.At the time of writing, PEPE was down 5% in the last 24 hours to $0.000007757.
This comes amid uncertainty over when and how often the Fed may lower interest rates this year, amid repeated statements from central bank officials that their decision-making would be influenced by the state of the economy. Some policymakers have also stated that there may be fewer than the three rate cuts expected this year.has largely consolidated since reaching a recent all-time high of $0.00001074. Prices initially dipped to $0.0000058 on March 19 before rebounding to highs of $0.
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