Ethereum

Million

Pond Coin

Marlin

Coin

<p>Pond Coin (PNDC) is making headlines today, experiencing an impressive 24% surge in its value. The catalyst for this sudden uptick appears to be a shift in investment from PEPE coin holders to PNDC.</p> 
<h2 class="wp-block-heading" id="high-value-transactions-a-case-study">High-Value Transactions: A Case Study</h2> 
<p>For example, a trader with the wallet address <code>0x69</code> recently executed multiple transactions, converting over $250,000 into PNDC. This is not an isolated case.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="555" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-555x1024.png" alt="" class="wp-image-332860" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-555x1024.png 555w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-163x300.png 163w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-768x1415.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-833x1536.png 833w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-1111x2048.png 1111w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-81x150.png 81w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-100x184.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-190x350.png 190w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172-788x1452.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-172.png 780w" sizes="(max-width: 555px) 100vw, 555px"> 
</figure> 
<h2 class="wp-block-heading" id="on-chain-analysis-the-numbers-don-t-lie">On-Chain Analysis: The Numbers Don’t Lie</h2> 
<p>Prominent on-chain analysts, <a href="https://twitter.com/lookonchain" target="_blank" rel="noopener noreferrer nofollow">@lookonchain</a>, have reported a significant trend. Three specific wallets have transitioned their holdings from PEPE to PNDC today. These wallets sold a staggering 1.38 trillion PEPE coins, equivalent to 600 ETH ($965,000). They then reinvested the same amount of ETH to purchase 487 billion PNDC coins.</p> 
<figure class="wp-block-image size-large"> 
 <img decoding="async" loading="lazy" width="1024" height="726" src="https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-1024x726.png" alt="" class="wp-image-332868" srcset="https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-1024x726.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-300x213.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-767x544.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-1536x1089.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-2048x1452.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-140x100.png 140w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-212x150.png 212w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-100x71.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-494x350.png 494w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173-788x558.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/09/image-173.png 1848w" sizes="(max-width: 1024px) 100vw, 1024px"> 
</figure> 
<p><strong>Wallet Addresses for Reference:</strong></p> 
<ul> 
 <li><a href="https://debank.com/profile/0xbe2bf6bf8ef02990dcd93e1f304173934de68142/history" target="_blank" rel="noopener noreferrer nofollow">0xbe2bf6bf8ef02990dcd93e1f304173934de68142</a></li> 
 <li><a href="https://debank.com/profile/0xfd0fbb1e323fe706a9b0e7d2293b5782d3b370d9/history" target="_blank" rel="noopener noreferrer nofollow">0xfd0fbb1e323fe706a9b0e7d2293b5782d3b370d9</a></li> 
 <li><a href="https://debank.com/profile/0x69beca7765616e037b004c6c27605ff988a754a3/history" target="_blank" rel="noopener noreferrer nofollow">0x69beca7765616e037b004c6c27605ff988a754a3</a></li> 
</ul> 
<h2 class="wp-block-heading" id="what-is-pond-coin-pndc">What is Pond Coin (PNDC)?</h2> 
<p>For those unfamiliar with the crypto, Pond Coin is the native token of the Marlin Protocol. Marlin aims to revolutionize blockchain technology by enhancing communication between nodes and scaling peer-to-peer networks. The PNDC token operates on the Ethereum blockchain and serves as the fuel for Marlin’s network. It allows users to delegate to Marlin nodes and offers incentives for maintaining the network efficiently.</p> 
<h2 class="wp-block-heading" id="tokenomics-a-quick-overview">Tokenomics: A Quick Overview</h2> 
<p>PNDC has a circulating supply of 5 billion coins and a total supply of 5.03 billion. Its utility in the Marlin ecosystem makes it a token to watch, especially as it gains traction among PEPE coin holders.</p> 
<p><em>Join us on <strong><a href="https://twitter.com/intent/follow?screen_name=captainaltcoin" data-type="link" data-id="https://twitter.com/intent/follow?screen_name=captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Twitter</a></strong> and <strong><a rel="noopener noreferrer nofollow" href="https://www.facebook.com/captainaltcoin" target="_blank">Facebook</a> </strong>for the latest insights and discussions in the world of crypto.</em></p> 
<p><em>Explore our <strong><a href="https://captainaltcoin.com/tag/news/" target="_blank" rel="noopener noreferrer nofollow">news section</a></strong> and stay ahead of the curve with our expert <strong><a href="https://captainaltcoin.com/predictions/" data-type="link" data-id="https://captainaltcoin.com/predictions/" target="_blank" rel="noopener noreferrer nofollow">price predictions</a>.</strong></em></p> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com/investors-ditch-pepe-for-hot-new-pond-coin-pndc-spending-over-2-million/">Investors Ditch PEPE for Hot New Pond Coin (PNDC), Spending Over $2 Million</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Investors Ditch PEPE for Hot New Pond Coin (PNDC), Spending Over $2 Million

Table of Contents

CaptainAltcoin

Other articles published on Sep 11, 2023

Ripple expands US regulatory footprint with Fortress Trust takeover

Crypto Industry Braces for Binance’s Response To SEC’s Sealed Filing

Binance vs. SEC Legal Battle: Sealed Documents Spark Speculation Amidst Calls for Transparency

Make-or-Break Week for Crypto Market’s 2023 Outlook

Shiba Inu to $1: Will You Hold SHIB Even if You’re 80 Years Old?

Today in Crypto: Bitcoin User Pays $500,000 Fee to Transfer $200, Animoca Brands Raises $20 Milli...

Join our free newsletter for daily crypto updates!