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Cryptocurrency News Articles

Ethereum Charity Fund Endaoment Sparks Heated Discussions, New Meme Coin Star Wall Street Pepe* Rises*

Jan 06, 2025 at 12:17 pm

Ethereum charity fund Endaoment has recently sparked heated discussions in the market. It is reported that the fund sold 3690 Ether (ETH) in just nine hours

Ethereum Charity Fund Endaoment Sparks Heated Discussions, New Meme Coin Star Wall Street Pepe* Rises*

A recent sell-off by an Ethereum ICO whale has sparked diverse market interpretations. The whale sold 3,690 Ether (ETH) within nine hours, generating a total transaction volume of $12.47 million. This marks Endaoment's first large-scale sale in ten months, and the largest transaction in its history.

According to on-chain data, this batch of ETH originated from a whale who participated in the Ethereum ICO. This whale acquired 100,000 ETH at the genesis block of Ethereum in 2015 and currently holds over 85,000 ETH, valued at approximately $294.5 million.

This whale's actions have attracted significant attention in the market. Some speculate that the funds may be used for charitable purposes, as Endaoment is a certified charity fund. Others suggest it may be a tax-saving strategy, similar to Tesla CEO Elon Musk's donation of stocks to reduce tax burdens.

Regardless of the motivation, this sell-off has brought a surge in market liquidity, injecting new vitality into the cryptocurrency market. Recently, the price of ETH has been steadily rising, with an increase of 5.9% since the beginning of the year, currently approaching the key resistance level of $3,500.

New Opportunities in the Meme Coin Market: Wall Street Pepe* Rises*

While the Ethereum whale attracts attention, the meme coin market has also welcomed a new star—[++Wall Street Pepe++** ++($WEPE++)++](https://cryptopayibg.care/bwspepe-cn2834?referrer=sq). This project has quickly become a market focus with its innovative ecosystem and community-oriented model.

Since the presale launched in December 2025, Wall Street Pepe has raised over $42 million, becoming one of the hottest cryptocurrencies currently. Its phased presale mechanism has attracted a large number of investors, with the current token price at $0.00036642, expected to continue rising as the next phase approaches.

Unlike many meme coin projects, Wall Street Pepe is dedicated to supporting small traders by providing them with fair competition opportunities. Investors purchasing $WEPE will automatically join the "WEPE Trading Army" VIP group, which offers exclusive trading tools, strategy sharing, and market analysis. Additionally, the community regularly hosts trading competitions, with winners receiving $WEPE rewards, further stimulating member participation.

[++Wall Street Pepe++](https://cryptopayibg.care/bwspepe-cn2834?referrer=sq) owes its success to its strong emphasis on security. The project has undergone dual audits by Coinsult and SolidProof, which is rare in the meme coin space. Investors have praised its transparent token economic model, particularly in its allocation mechanism, where part of the funds is used to support staking rewards and community development.

Wall Street Pepe has garnered support from several well-known cryptocurrency KOLs, such as YouTube analyst ClayBro, who has mentioned the project in multiple videos and predicted it could yield a thousandfold return after its listing. He pointed out that $WEPE, with its innovative community ecosystem and focus on small investors, is likely to become the next blockbuster in the meme coin market.

It is worth noting that some of the funds flowing out from the Ethereum whale transaction may have entered the $WEPE presale. This phenomenon reflects investors' high interest in emerging meme coin projects and highlights the liquidity in the market. Ethereum provides a solid technical foundation, while meme coin projects attract a wide user base with innovation and fun, creating an interesting complementary relationship.

Be aware that $WEPE is still in the presale stage, and will list on DEX and CEX after the presale ends. Investors are advised to visit the official website, ++X++, and ++Telegram++ for the latest presale information.

Conclusion: The Alternation and Resonance of New and Old Market Forces

The Ethereum whale transaction and the rise of Wall Street Pepe together showcase the diverse vitality of the cryptocurrency market. As a leader in the tech field, Ethereum continues to attract investors with its stability and innovation. Meanwhile, Wall Street Pepe injects new energy into the meme coin market with its innovative community model and strong market potential.

Best Wallet has launched the "Upcoming Tokens" feature, making it easy to participate in new project presales, enhancing investment opportunities and user experience. Through the "Upcoming Tokens" feature, users can participate in presales directly within the Best Wallet app. If you want to check the tokens you purchased, simply import your purchasing wallet into Best Wallet to view the current value of the tokens.

News source:www.chaincatcher.com

Disclaimer:info@kdj.com

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