Pepe Coin Skyrockets 23% As VC Buys 141 Bln PEPE, What’s Next?

Quick Summary:

On-chain insights reveal that Nascent, a Venture Capital, heavily bagged Pepe coin amid its price upswing, primarily swapping its previous crypto holdings.

In an unprecedented turn of events, Pepe coin rallied nearly 23% today, July 16, against the backdrop of a VC’s massive 141 billion PEPE accumulation.

This data indicates increased investor interest in the asset, further adding an optimistic tint on future movements when coupled with today’s massive accumulation.

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Article Details

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News PEPE Pepe Coin (PEPE) Pepe Price Venture capital Altcoin News

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 07:17:30 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 425 words

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Sentences: 42 lines

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Copyright Owner: © CoinGape

News ID: 21648158

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