- Pepe has seen three consecutive ATHs in the last three days.
- 100% of its holders are now holding at a profit.
As a crypto investor who has closely followed the developments of PEPE, I am thrilled to witness its impressive upward momentum over the past few days. The token’s consistent achievement of new all-time highs (ATHs) is an exciting sight for any investor, and it’s particularly noteworthy when it happens three times in a row.
In the past few days, PEPE [Pepe], the digital asset, has seen significant growth and has repeatedly hit new record highs. At the same time, there’s been an increase in the number of people holding this asset, suggesting a rising demand for it.
As an analyst, I’ve reviewed the latest data, and I can confirm that every holder of this token is currently experiencing a profit. The market sentiment towards this token remains optimistic.
Pepe accumulation increases
Recent data indicated an increased accumulation of Pepe.
Based on data from Spot on Chain, a trader took out roughly 407.74 billion PEPE tokens, equivalent to around $4.2 million in value, from Binance.
According to AMBCrypto’s assessment, there was a small excess of outgoing transactions over incoming ones in the exchange activity, indicating a close equilibrium between the two.
From my perspective as a crypto investor, at the current moment, about 1.7 trillion dollars have flowed into cryptocurrency exchanges, while approximately 2.1 trillion dollars have been taken out. This indicates a pattern of more tokens being withdrawn from exchanges despite the coin’s escalating price.
Pepe gets more holders and profits
As a crypto investor, I recently conducted an analysis using Santiment’s holder chart for Pepe. Notably, I discovered that the number of Pepe holders has significantly risen in the past few days.
As a crypto investor, I’ve noticed an impressive surge in our community over the past five days. The chart reveals that more than 3,000 new investors have joined our ranks, bringing the total number of holders to an astounding 221,000 and counting.
The upward trend indicates a continuous flow of new investors, signaling increased demand for the token among the market.
According to IntoTheBlock’s data analysis, every holder is presently realizing a profit, as the value of their investments has surpassed their initial purchase prices because of the recent price surge.
As a researcher exploring the latest cryptocurrency trends, I came across noteworthy information from Lookonchain regarding a wallet that has been consistently amassing a particular token since late 2023.
Over this period, the wallet invested approximately $1.49 million to acquire 1.4 trillion tokens.
The wallet has just disposed of about 140 billion tokens, which is roughly ten percent of its total, in a sale worth around 1.57 million dollars.
Pepe hits new ATH
According to AMBCrypto’s examination of Pepe’s price history, there has been a striking development over the past three days marked by successive new peak prices. On May 13th, Pepe underwent a significant rise, leading to an over 13% growth and attaining a new all-time high (ATH) of 0.0000099.
On the 14th of May, I observed a significant surge of over 6%, pushing the price up to a fresh all-time high (ATH) of approximately $0.000010.
Currently, I’m observing the cryptocurrency market and it’s presently trading around $0.000011 – a new all-time high for me. This represents an impressive 7% surge in value.
As a crypto investor, I’ve noticed that the Relative Strength Index (RSI) for Pepe is signaling a robust uptrend. At present, Pepe’s RSI reading places it in the overbought zone.
The proposed purchase activity and investor confidence regarding Pepe’s price trend were noteworthy.
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2024-05-16 01:11