When people to try to predict or forecast events they dont know things with true certainty. Its all speculation to grab peoples attention. Recently there has been an uptick with MEME coins and many people may be asking themselves why this is happening.

Well if we take a look at the data Bitcoin went from 30k in the last two weeks to 26 k on May 12th. If you do the calculations thats alot of Bitcoin. That Bitcoin could have been withdrawn and exchanged for fiat but theres also another possibility. It is possible that the funds that were taken from Bitcoin was placed into another coin or coins. Which coins would those be? Well once again if we look at the facts we can see that MEME coins hit all time highs in the last two weeks as well. There is a disparity on the dates but if you were a whale you wouldnt want people to know you were moving funds into other coins from Bitcoin so it would make sense to try and throw people off by transacting on different dates(if this makes any sense). It seems like there may be a correlation or it could just be a coincidence. Let me know what you think. It is also common knowledge that Binance decided to list these coins on May 6th,2023 and that could have also contributed to the price increase.

Below is an image of Bitcoins price and one of the MEME coins that has been making headlines. And as previously stated there is a disparity in the dates.


Bitcoin 2 Weeks Price Chart


PEPE Coin 2 Weeks Price Chart