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PEPE's Holder Count Surges to 125,000 with Backing from Whale Transactions

June 23 (Cointime) - The number of holders of PEPE has reached 125,000 due to whale transactions that supported the price increase. Despite the recent exponential growth, the token may be at a fair value. The increase in the number of holders was made possible by the overall market sentiment going in an upward direction, leading to investors flocking to the token. Large investors played a significant role in this recent growth, with whales involved in a series of $100,000 transactions. However, the growth has slowed down, and the Market Value to Realized Value (MVRV) Zscore suggests that PEPE may be at a fair value with its current price.

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