Memetic / PepeCoin

<p><em><strong>Today, the PEPE meme coin experienced a remarkable surge, with its $PEPE token jumping up by an impressive 60% in just 24 hours.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>According to the well-known crypto analytics firm Lookonchain, there were substantial profit-taking actions as investors took advantage of this sudden price rally.</p><h3 id="notable-profit-taking-in-pepecoin-s-surge">Notable Profit-Taking in Pepecoin’s Surge</h3><p>Amidst the <a href="https://cryptosheadlines.com/analyst-predicts-massive-surge-for-solana-sol/" rel="noopener noreferrer nofollow">massive surge</a> in Pepecoin’s price, Lookonchain’s recent analysis uncovered significant wallet activities, revealing substantial profit-taking maneuvers by savvy investors.</p><p>Six wallets took advantage of the opportunity, collectively selling 1.98 <a href="https://cryptosheadlines.com/pepe-coin-team-clarifies-16-trillion-token-theft/" rel="noopener noreferrer nofollow">trillion $PEPE tokens</a>, amounting to an astounding $4.37 million. The total profit from these transactions reached approximately $2 million, underscoring the profitability of $PEPE’s recent rally.</p><p>One specific wallet, identified as “0xa145,” made a strategic move by depositing a sizable amount of $PEPE tokens totaling 486.72 billion to Binance, equivalent to a staggering $1.04 million. This move resulted in a swift profit of around $515,000, marking an <a href="https://cryptosheadlines.com/bullish-momentum-in-chainlink-impressive-gains-predicted/" rel="noopener noreferrer nofollow">impressive 97% gain</a> within six hours.</p><p>Furthermore, five potentially linked wallets collectively deposited 1.5 trillion $PEPE tokens, equivalent to $3.3 million, also to Binance. This strategic maneuver led to a significant profit of $1.49 million, reflecting an 82% increase.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><h3 id="pepe-token-s-remarkable-surge-sets-it-apart">Pepe Token’s Remarkable Surge Sets it Apart</h3><p>Pepe token’s recent surge in a single day has distinguished it from other popular meme coins. While Dogecoin and Shiba Inu saw modest gains of 1.85% and 11.11% respectively, Pepe’s exceptional pump skyrocketed its price to approximately $0.00000228.</p><p><a href="https://cryptosheadlines.com/best-cryptocurrencies-to-invest-in-right-now/" rel="noopener noreferrer nofollow">Also Read:   Best Cryptocurrencies to Invest in Right Now</a></p><p><strong>Approaching Key Resistance Level</strong>: This surge has brought Pepe closer to a significant resistance level established since last July, positioned around $0.00000159. A successful breakthrough and closure above this barrier were anticipated to propel Pepe by 20%, aiming for its 2022 high of about $0.00000189.</p><p><strong>Surge in On-Chain Activity</strong>: Recent on-chain data indicates a surge in active wallet addresses engaging with the Pepe network, witnessing an 85% spike in just four days last week and a 60% surge in the past 24 hours. Moreover, the increase in large “whale” transactions involving sums exceeding $500,000 and $1 million worth of $PEPE coins has contributed to today’s surge of over 60%.</p><h3 id="pepe-token-s-unprecedented-surge-sparks-speculation">Pepe Token’s Unprecedented Surge Sparks Speculation</h3><p>Amidst <a href="https://cryptosheadlines.com/pepe-coin-promising-meme-token-on-the-rise/" rel="noopener noreferrer nofollow">Pepe’s remarkable outperformance of other meme coins</a> this week, soaring by over 60%, analysts are speculating about its potential to target its all-time high market cap of approximately $1.8 billion.</p><p><strong>Aiming for All-Time Highs</strong>: If Pepe were to achieve this milestone, it would require a parabolic 10x price surge from its current levels. Such a surge would represent a significant leap in value, highlighting the <a href="https://cryptosheadlines.com/binance-lists-blur-token-as-popularity-grows/" rel="noopener noreferrer nofollow">token’s growing popularity</a> and investor interest.</p><p><strong>Analyzing Potential Growth</strong>: As Pepe continues to outpace its peers in the meme coin space, investors and analysts are closely monitoring its trajectory, anticipating further gains and potential milestones in the near future.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Meme Coin Traders Earned $2 Million in Pepecoin ($PEPE) Price Surge

Table of Contents

CryptosHeadlines.com

Other articles published on Feb 28, 2024

Dogecoin Whales Accumulate 276 Mln Coins, Will DOGE Reach $0.01?

Algotech Presale Revolutionizes DeFi Scene, Surpassing $1 Million Raised in Just Weeks (28 Feb)

Stake.link Goes Cross-Chain, Enabling LINK Staking On Arbitrum For The First Time

These 3 Crypto Coins Are Soaring Exponentially— SingularityNET (AGIX), Fetch.ai (FET), and Meme M...

Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit a...

Starknet Crosses $1B TVL, Render Soars, NuggetRush To Transform GameFi Space

Join our free newsletter for daily crypto updates!