Based

Bitcoin ETF

FLOKI

In the cryptocurrency industry, meme coins including DOGE, SHIB, PEPE, and others are making waves in this bullish market. Amid this, the third-largest meme coin, PEPE, has gained huge attention due to its impressive performance, experiencing a massive gain of over 840% in the last 30 days. PEPE price-performance and technical analysis 
On March 14, 2024, PEPE broke out of the consolidation zone it had been experiencing for the last 5 trading days, also reaching a new all-time high of $0.0000108. Following the breakout, PEPE soared more than 14%, and it is currently trading near $0.0000105.
According to expert technical analysis, <a href="https://news.todayq.com/whale-moves-over-20m-pepe-from-binance-whats-the-buzz/" rel="noopener noreferrer nofollow">PEPE is bullish</a> following the breakout of the consolidation zone. Furthermore, if PEPE manages to close the daily candle above the $0.0000105 level, then in the coming days, we may see a bullish move to the $0.000014 level. However, traders and investors need to understand that PEPE has surged over 800% in the last 30 days, so it may require some price correction or more consolidation to continue its surge.
Looking at the 24-hour volume, it has increased by 50%, currently standing near $2.4 billion. This 24-hour trading volume highlights investors’ and traders’ interest in PEPE. If we examine PEPE’s performance over a longer period, in the last 7 days, it experienced a gain of over 55%, while in the last 30 days, PEPE holders gained over 840% returns on their investment. Trader made $3.39 million in profit from PEPE 
Following PEPE’s impressive performance, a smart trader with address 0x522 recently made a huge profit of over $3.39 million. According to a recent post by an on-chain analytic firm, SpotOnChain, this trader deposited 500 billion PEPE, valued at around $4.26 million, to the world’s biggest cryptocurrency exchange, Binance, in the last 10 days. Based on available data, this trader made a massive $3.39 million profit with just 870K.
In the past 10 days of pump,
SpotOnChain also highlights that this trader still holds 100 billion PEPE tokens worth around $1.07 million. Additionally, this trader has nearly $900K of profit from FLOKI and SHIB. Besides this trader, in recent days, the crypto-meme sector has created a massive number of millionaires, as the approval of the spot Bitcoin ETF (Exchange Traded Fund) caused overall meme sectors to gain massively.
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