Pepe Leads Meme Coin Surge with 3000% Trading Volume Increase and $50B Market Cap
In the past few days, meme coins have gained popularity as Bitcoin and Ethereum took a break. Pepe, a frog-themed meme coin, outperformed other meme coins such as Shiba Inu and Dogecoin with a 70% increase in the past 24 hours and weekly and monthly gains of 400% and 700%, respectively. Trading volumes for meme coins surged 3000% in the past week, with SHIB, FLOKI, PEPE, and BONK recording significant upticks in social dominance. The total market cap for meme coins surpassed $50 billion, with overall trading volume reaching $16 billion in the past 24 hours.
A certain address spent US$3,000 to purchase 4.9 trillion PEPE in the early stage, and the current profit exceeds 11,077 times.
Lookonchain monitoring shows that an address spent $3,000 early on to purchase 4.9 trillion PEPE tokens (currently valued at $35.5 million). The address has sold 760 billion PEPE tokens for $2 million and currently holds 4.15 trillion PEPE tokens (valued at $30.8 million), making them the 13th largest holder of PEPE tokens. Their total profit on PEPE is approximately $32.8 million, representing a return of 11,077 times their initial investment.
PEPE fell to $0.00000362 in a short period of time, a drop of more than 16% in 24 hours
On March 3rd, according to OKX market information, PEPE briefly dropped to $0.00000362, currently priced at $0.00000387, with a 24-hour drop of over 16%.
Pepe: Recent transactions in the PEPE deployer wallet have nothing to do with the PEPE team
Pepe's official announcement stated that recently, activity was discovered in the wallets of Pepe's deployers. These transactions and any future transactions in the deployers' wallets are not related to the PEPE team, and Pepe is also not related to any other projects or tokens. These transactions were initiated by former team members who previously stole funds from the PEPE treasury.
PEPE has increased by more than 20% in 24 hours and is now trading at $0.000001441
Market data shows PEPE is currently trading at 0.000001441 US dollars, with a 24-hour increase of 20.1%. The market is volatile, please be prepared for risk control.
CertiK: Pepe review score is in the top 10%, code security score is 88%
CertiK Security Leaderboard on X platform stated that CertiK's audit ranked Pepe in the top 10%, with a code security score of 88%.
PEPE has increased by 17% in the past 24 hours and is now trading at $0.00000149
According to CoinGecko market data, PEPE is currently trading at $0.00000149, with a 24-hour increase of 17.0% and a trading volume of $207,073,138. Its current market value is $638,670,020 USD, and the market is volatile, so please be cautious with risk management.
Over 63% of PEPE holders are now profitable
According to data released by IntoTheBlock, after a significant price rebound, 63.2% of PEPE holders are now profitable, which is the second highest profit margin among the top meme coins. The number of active addresses has also sharply increased, peaking at almost three times the number from last week.
Meme sector generally rose, PEPE rose more than 15% in 24 hours
On December 4th, market data showed that the Meme sector had a general increase in prices, among which:<br>PEPE rose by 16.67% in 24 hours, now priced at $0.0000014;<br>FLOKI rose by 12.98% in 24 hours, now priced at $0.000038;<br>SHIB rose by 11.75% in 24 hours, now priced at $0.0000095;<br>DOGE rose by 5.68% in 24 hours, now priced at $0.09022.
PEPE: 418 billion PEPE tokens are about to be transferred from team wallets to Binance Earn
PEPE posted on social media X, stating that 4.18 billion PEPE tokens will soon be transferred from the team wallet. These tokens will be sent to Binance Earn and will be rewarded to Binance users through various activities in the coming months.
