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Pepe coin price hangs on the balance as fate is tied to struggling

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56% Informative

Pepe coin price hangs on the balance as fate is tied to struggling struggling Ethereum .

Pepe coin dropped 6.5% in the last 24 hours , while ETH slid 5.6% in same duration.

A dormant Ethereum whale just woke up, transferring $38M ETH to a new address.

If the whale dumps its ETH holding, the PEPE price could crash 31% . Pepe coin has a correlation coefficient of 0.81 with ETH .