PEPE never ceases to amaze with another record high beat for DOGE, SHIB The days of Doge feel numbered as Pepe has left the most popular meme altcoins far behind in this rally. Pepe has now become one of the most stylish cryptos after reaching her previous all time high (ATH).
Pepe reached an all-time high. Following a slight push in the meme crypto group over the past , but the frog-themed meme crypto is surpassing them all. In the previous 24 hours’ time frame, PEPE price exploded by another 5%. In the last 90 days, it has experienced an increase of over 1000% Despite the fact that leading meme cryptos including Dogecoin (DOGE) and Shiba Inu (SHIB) have had gains of 100% for the former and 167% for the latter within that period.
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Pepe Reaches A New ATH
This year-to-date (YTD) has seen PEPE’s price skyrocketing by 1,000% showing no signs of stopping soon. It’s a frog-designed meme token with each unit going at approximately $0.00001435 as we speak; however, reaching its all-time high (ATH) value ever recorded was possible when it briefly jumped up to $0.00001467. In contrast, its trading volume within 24 hours has fallen to $3.04 billion since last Friday—which represents a 31% decline on the previous day. From a market capitalization perspective, this includes levels like $5.96 billion in wealth created on behalf of owners before owning any brands under their care back then.
This is causing a market influx with high level opportunities for savvy traders who take them as they come. Current information coming directly from the blockchain demonstrates that traders have obtained huge profits due to the rise in investment by individuals.
PEPE Token News-
A financial account was marked up when an early PEPE investor deposited approximately 182.9 billion PEPE equivalent to $2.53 million. This was just a simple acquisition of 324.9 billion PEPE for only $462 by the investor who then made such headlines thus pocketing more than $3.4 million from that undertaking.
This PEPE token news suggests that the Interest among institutions is surging up. One last example of a significant transaction is the change of hands of two hundred and two billion tokens of PEPE. Big dogs in the investment world carried this trade out recently by sending $2.8 mln equivalent in cryptocurrency to Cumberland, a liquidity provider. It goes not without noticing that immediately after the transfer had been confirmed at the other end, PEPE value surpassed $0.000014 per token hence accruing profits totalling $578,000 from a mere $2.22 million channelled here within six days alongside BlockTower Capital through their involvement all along.
Meme coins have proven their sharp edges in terms of immensely high risk and reward. The past day saw long holdings increasing significantly as seen from derivative numbers as well as open interest figures escalating by 34.77 percent to $164.88 million.
End Note-
After all this, the question remains the same among investors, “Should I Buy Pepe Token or not?”
Read the article below to find the answer to all your questions:
“Should I Buy Pepe Coin?” Top 6 Reasons to Consider Investing Now!
That’s it from our side!
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Disclaimer: This post is intended solely for informational purposes and should not be taken as legal, tax, investment, financial, or any other form of advice. Although all the information provided is true to the best of our knowledge, it is advisable to research well before making any kind of investments or decisions in general. The team of ReadingCrypto bears no responsibility in the event of any adverse outcomes.
