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The Pepe & Mpepe Phenomenon: Why Ethereum Investors Are All In On This 1000x Token

Bitcoinist LogoBitcoinist2d ago

The Pepe & Mpepe Phenomenon: Why Ethereum Investors Are All In On This 1000x Token - Bitcoinist

Quick Summary:

In the ever-evolving landscape of cryptocurrency, meme coins continue to captivate the market with their unpredictable yet exciting potential.

Recently, two meme tokens, Pepecoin (PEPE) and Mpeppe (MPEPE), have been making headlines, attracting significant attention from Ethereum (ETH) investors.

On-chain data reveals that $2.33 million worth of Pepecoin (PEPE) was liquidated recently, with short-sellers losing over $1 million due to the token’s typically volatile price action.


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Article Details

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-29 @ 15:55:46 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 830 words

Reading Time: 5 minutes read

Sentences: 45 lines

Sentence Length: 19 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 22298928

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About Bitcoinist

Bitcoinist Logo

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 3 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 13 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "The Pepe & Mpepe Phenomenon: Why Ethereum Investors Are All In On This 1000x Token" was covered 2 days ago by Bitcoinist, a news publisher based in Hungary.

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Bitcoinist is a fully independent (privately-owned) news outlet established in 2014 that covers mostly crypto news.

The outlet is headquartered in Hungary and publishes an average of 3 news stories per day.

It's most recent story was published 13 hours ago.

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  • URL: https://beamstart.com/news/the-pepe-mpepe-phenomenon-why-17249503007799

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