PEPE is a popular token after gaining 15 +% in 24 hours
- Lookonchain recently shared a tweet about the buying habits of a particular PEPE whale.
- According to the post, the whale bought 2.24 trillion pip, and ended up increasing his money 48 times.
- At press time, PEPE was at the top of CoinMarketCap’s trending list after a price increase of more than 15%.
On-chain analysis platform, Lookonchain, shared a tweet yesterday regarding the recent buying habits of a particular Pepe whale (PEPE) over the past few days. According to the post, the whale had previously made 1,219 ETH, which was estimated to be worth more than $2 million, on PEPE.
Shortly thereafter, this same whale decided to make another move, and bought 1.33 trillion pips at a bid price of 0.000001586. In addition, the whale also bought 2.24 trillion pip using 26 ETH, worth $48k, with a trading price of 0.00000002166. The whale then sold his PEPE for 1,245 ETH worth $2.24 million — turning a 48x profit in the process.
PEPE price (Source: CoinMarketCap)
According to CoinMarketCap, PEPE took the top spot on the platform’s trending list after the meme coin saw a price increase of more than 15% over the past 24 hours. As a result, PEPE is trading at $0.0000019 at the time of writing. Meanwhile, PEPE was also trading near a daily high of $0.000002055.
Moreover, PEPE’s price increase throughout the past day allowed it to strengthen against the two market leaders, (BTC) and (ETH), by around 17.14% and 17.18%, respectively. Despite this, PEPE’s weekly performance was still in the red at -25.65%.
PEPE’s 24-hour trading volume saw an increase of 14.52% as well, reaching $1,005,242,161. The recent price movement of the cryptocurrency raised its market cap to $754,591,424. This ranked it as the 57th largest enterprise by market capitalization.
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One of the popular tokens, PEPE, appeared after earning 15 +% 24h for the first time in the coin issue.