Ethereum's dominant whale investor has made a significant move, spending $1.5 million on two new ICOs - PEPU and MPEPE. This investment highlights the ongoing evolution of the cryptocurrency market, with new players emerging to challenge established coins. The trend showcases the growing appeal of initial coin offerings (ICOs) as a means for projects to raise capital.

Source: https://www.newsbtc.com/altcoin/ethereum-eth-whale-spends-1-5m-on-two-new-icos-pepu-and-mpepe/