PEPE Coin Price Rally: Trader Gains $5M in 8 Days as Memecoin Popularity Grows

Quick Summary:

According to Spot On Chain, a whale recently deposited 52.62 billion PEPE (valued at $10.03 million) into Binance, marking a $5.04 million profit (+97%) in just eight days.

Following Coinbase’s listing announcement, PEPE’s price surged by about 61% within 24 hours.

Whale inflows rose 104% over the past week and 195% over the past month, indicating strong investor confidence.

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Article Details

Author / Journalist: Debashree Patra

Category: Crypto

Markets: United States

Topics: Price Analysis Altcoins News Memecoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 05:21:28 (13 hours ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 326 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinpedia

News ID: 23580050

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About Coinpedia

Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 23 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

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