Ethereum News Today: Crypto Whale Injects $200K Into SHIB, PEPE, LILPEPE as Prices Surge 12-5%

A significant Ethereum whale wallet has injected $200,000 into Shiba Inu (SHIB), Pepe Coin (PEPE), and Little Pepe (LILPEPE), triggering immediate price fluctuations and heightened market speculation [1]. The transaction, detected via blockchain analytics, underscores renewed interest in meme coins despite the broader crypto market’s stagnation. Shiba Inu surged 12% within 24 hours, while PEPE and LILPEPE rose 8% and 5%, respectively, following the whale’s activity [1].

Shiba Inu’s price reached $0.00001555, with a 3% daily gain and a 14.47% weekly increase, nearing a critical technical resistance at $0.00001900. Analysts suggest a potential push to $0.000021 if the coin breaks through this level, bolstered by the whale’s entry [1]. Pepe Coin (PEPE) traded at $0.000014, reflecting a 6% daily rise and 16.87% weekly gain, supported by a 24-hour trading volume of $1.17 billion. Its price remains within a key range of $0.00001159 (support) and $0.00001630 (resistance), aligning with the whale’s strategic timing [1].

Little Pepe (LILPEPE), the newest entrant, distinguishes itself as a Layer 2 blockchain project with presale success, having raised $10.54 million across seven stages. Its current price of $0.0016 marks a 60% increase from the initial offering, with over 7.84 billion tokens sold. The whale’s inclusion of LILPEPE in its portfolio signals growing confidence in its infrastructure-driven approach, contrasting with purely speculative meme coins [1].

The investment highlights the volatile nature of meme coins, where large holder activity often drives short-term momentum. However, experts caution that these assets lack fundamental value and are susceptible to rapid corrections. For instance, while some analysts project LILPEPE could theoretically reach $0.7 if sentiment aligns, such forecasts remain speculative [1].

Ethereum’s role as the underlying blockchain for these transactions reflects its continued dominance in token issuance and trading. Whale-driven inflows into lower-cap tokens can artificially inflate liquidity, attracting retail traders but amplifying risks for unsophisticated investors. The lack of regulatory oversight further complicates market dynamics, leaving meme coins vulnerable to manipulation and hype cycles [1].

The whale’s decision to allocate funds across SHIB, PEPE, and LILPEPE suggests a diversified bet on meme-driven narratives, with LILPEPE’s presale traction and infrastructure potentially differentiating it from peers. However, the long-term sustainability of these gains remains uncertain, as meme coins historically struggle to maintain momentum without tangible utility.

Source: [1] [Ethereum (ETH) Whale Wallet Pours $200000 into Top 3...] [https://www.mitrade.com/au/insights/news/live-news/article-3-992341-20250729]