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 <p class="is-style-lead">On-chain and <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> data show a significant rise in Pepe’s (PEPE) <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> dominance, surpassing Bitcoin (BTC) and Ethereum (ETH).</p> 
 <p>Data by market intelligence platform Santiment shows that whale transactions have constantly risen over the past week.</p> 
 <p>The transfers of at least $100,000 worth of PEPE grew from 42 trades on Aug. 4 to 102 on Aug. 10.</p> 
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  <img decoding="async" loading="lazy" width="3840" height="1300" src="https://cdn.thebittimes.com/images/2023/08/10/02f3cc8e1f7abec775a8182c8a096359.webp" alt="PEPE’s social metrics rise while price goes red - 1" class="wp-image-14184516"> 
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    PEPE price, social volume and whale activity – Aug. 10 | Source: Santiment 
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 <p>Moreover, PEPE investors have been shifting to non-custodial wallets as the asset’s amount of exchange withdrawals has reached 8.85 trillion daily tokens. This suggests a 502% incline from Aug. 4’s 1.47 trillion coins leaving exchanges.</p> 
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 <p>Quite similarly, Pepe token’s <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> volume also spiked by around 160% over the past week. Santiment data shows that PEPE’s <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> importance witnessed a 63.2% decline between July 19 and Aug. 1.</p> 
 <p>Data from ICO Analytics shows that PEPE has become the most discussed cryptocurrency on Twitter in July. Per the tweet, the meme coin has surpassed the two leading crypto assets — BTC and ETH.</p> 
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   <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
    <p lang="en" dir="ltr">Top 20 most discussed cryptocurrencies on Twitter in July 2023. In the chart below you can find a share of mentions of each coin among top 150 coins by market cap.$pepe $btc $eth $arb $xrp $inj $sol $bnb $link $ltc $ape $ldo $op $doge $leo $shib $ftm $matic $usdt $ada pic.twitter.com/z8ZsVI2Nmv</p>— ICO Analytics #StandWithUkraine (@ICO_Analytics) August 7, 2023 
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 <p>Pepe is down by 1.09% in the past 24 hours and trading at $0.00000123 when writing. The asset’s 24-hour trading volume has also declined by 17%, currently at $141 million, with a $482 million market capitalization.</p> 
 <p>According to a report on July 24, meme coins accounted for 40% of crypto investment in the U.S. among investors aged between 18 and 40.&nbsp;</p> 
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PEPE’s social metrics rise while price goes red

TheBitTimes

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