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<a href="https://bitcoinworld.co.in/pork-the-meme-coin-forked-from-pepe-witnessed-big-price-surge-within-days-of-its-launch/" title="PORK, The Meme Coin Forked From PEPE, Has Witnessed A Big Surge Within Days Of Its Launch" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">PORK, a spin-off meme coin of PEPE, witnessed a big surge in price a few days after launch.</li> 
 <li style="font-weight: 400">PORK amasses large interest from the crypto space.</li> 
 <li style="font-weight: 400">PEPE failed to see the same growth during this period.</li> 
</ul> 
PEPE was a social media sensation in the crypto space earlier last year.&nbsp; 
However, as time passed, the hype around PEPE dwindled, with other coins coming in to steal the limelight. However, conversations around PEPE have seen an uptick recently, owing to PORK. 
<h3 id="span-style-font-weight-400-a-big-jump-span">A Big Jump&nbsp;</h3> 
PORK, short for Pepe Fork, is a meme coin created by forking PEPE, courtesy of the developer Pauly0x.&nbsp; 
It took only two days for the new token to achieve a market capitalization of $200 million after its launch. 
At press time, it had surpassed Baby Doge Coin and became the eighth largest meme coin. PORK made its debut on Uniswap, paired with wrapped Ether (WETH) in a pool, and is now also tradable on various other exchanges. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/pepe-distances-itself-from-strange-pepe-token-transactions/" aria-label="“Pepe Distances Itself From Strange PEPE Token Transactions” (Edit)">Pepe Distances Itself From Strange PEPE Token Transactions</a> 
The <a href="https://coinstats.app/coins/pork/">price</a> of PORK grew by a massive 13.69% in the last 24 hours. Moreover, the volume at which it had been trading also grew by 18.71% during the same period. Many traders have taken advantage of this price movement. 
<figure id="attachment_64533" aria-describedby="caption-attachment-64533" style="width: 100%" class="wp-caption aligncenter">
 <img decoding="async" class=" wp-image-64533" src="https://bitcoinworld.co.in/wp-content/uploads/PORK-Price-Chart-483x300.png" alt="" width="663" height="412" srcset="https://bitcoinworld.co.in/wp-content/uploads/PORK-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/PORK-Price-Chart.png 760w" sizes="(max-width: 663px) 100vw, 663px">
 <figcaption id="caption-attachment-64533" class="wp-caption-text">
 PORK Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
<h3 id="span-style-font-weight-400-traders-make-gains-span">Traders Make Gains</h3> 
As per lookonchain’s data, a trader generated a remarkable $3.3 million profit on PORK within just three days, leveraging an initial investment of only 5 ETH. 
Swiftly identifying PORK’s potential, the trader entered the market a mere 7 minutes after its trading commencement, allocating 5 ETH which amounted to $12,000 to acquire 9.5 trillion PORK tokens. 
Following this strategic move, the trader subsequently sold 6.3 trillion PORK for 329 ETH which amounted to $765,000, realizing an impressive profit of 324 ETH which amounted to $753,000. 
Presently, the trader held 3.2 trillion PORK, valued at $2.55 million, with an unrealized profit of the same value. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 In just 3 days, this trader made $3.3M on <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a> with only 5 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($12K)!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f631.png" alt="😱" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 This trader spotted <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a> 7 minutes after it opened trading and spent 5 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($12K) to buy 9.5T <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a>. 
 Then he sold 6.3T <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a> for 329 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($765K), realizing a profit of 324 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($753K). 
 This trader… <a href="https://t.co/IGYS6U0SPU">pic.twitter.com/IGYS6U0SPU</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1753253815992930460?ref_src=twsrc%5Etfw">February 2, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
One of the reasons for the high accumulation of PORK would be the large number of tokens being burnt which has resulted in increased liquidity for the token. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 4 fresh wallets(Deployer/Insider) spent 12 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$ETH</a>($28K) to buy 103.68T <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a>( 24.65% of the total supply). 
 He burned 17.88T <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a>($11.77M) and provided liquidity for <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a>. 
 He currently has 79.46T <a href="https://twitter.com/search?q=%24PORK&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PORK</a>($53.3M) on 18 wallets, with an unrealized profit of more than $50M(1800x+)! <a href="https://t.co/XGs7NVLEjm">pic.twitter.com/XGs7NVLEjm</a> 
 — Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1753311518601744467?ref_src=twsrc%5Etfw">February 2, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Despite PORK’s popularity, PEPE didn’t see the same momentum. 
Over the past week, the <a href="https://coinstats.app/coins/pepe/">price</a> of PEPE fell by 9.76%, and the overall volume at which it was being traded fell by 45.91%. 
<figure id="attachment_64534" aria-describedby="caption-attachment-64534" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-64534" src="https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-2-483x300.png" alt="" width="649" height="403" srcset="https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-2-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/PEPE-Price-Chart-2.png 760w" sizes="(max-width: 649px) 100vw, 649px">
 <figcaption id="caption-attachment-64534" class="wp-caption-text">
 PEPE Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
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&nbsp; 
The post <a href="https://bitcoinworld.co.in/pork-the-meme-coin-forked-from-pepe-witnessed-big-price-surge-within-days-of-its-launch/">PORK, The Meme Coin Forked From PEPE, Has Witnessed A Big Surge Within Days Of Its Launch</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

PORK, The Meme Coin Forked From PEPE, Has Witnessed A Big Surge Within Days Of Its Launch

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