PEPE is a popular token after gaining 15 +% 24h by CoinEdition


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.

Disclaimer: Views and opinions, as well as all information shared in this price analysis, are posted in good faith. Readers should do their research and due diligence. Any action taken by the reader is at their own risk. Coin Edition and its affiliates will not be liable for any direct or indirect damage or loss.

One of the popular tokens, PEPE, appeared after earning 15 +% 24h for the first time in the coin issue.

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