PepeCoin

MemeCoin

Million

Shib Army

Shiba Inu

<ul> 
 <li>Nascent Capital invested $5.48 million in PepeCoin, buying 447.67 billion tokens after a price dip.</li> 
 <li>Nascent’s early returns from PEPE investment are $262,000, a 4.8% increase.</li> 
 <li>PepeCoin’s trading volume exceeds $41 billion monthly, surpassing Shiba Inu and XRP.</li> 
</ul> 
<p><a href="https://www.nascent.xyz/" target="_blank" rel="noreferrer noopener nofollow">Nascent Capital</a> has acquired 447.67 billion PepeCoin assets, valued at approximately $5.48 million, representing a substantial investment in the cryptocurrency market. Lookonchain reported that this action preceded a major decline in PEPE’s price, suggesting that Nascent used a dip-buying tactic.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Nascent(<a href="https://twitter.com/nascentxyz?ref_src=twsrc%5Etfw">@nascentxyz</a>) bought 447.67B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a> ($5.85M) after the <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$PEPE</a> price dropped.<a href="https://t.co/xqW0EhCNEj">https://t.co/xqW0EhCNEj</a> <a href="https://t.co/sbiNBOrWya">pic.twitter.com/sbiNBOrWya</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1799294928071389253?ref_src=twsrc%5Etfw">June 8, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Despite PepeCoin’s present price volatility, Nascent’s strategic investment indicates that the company has high expectations for the cryptocurrency’s future. Pepe Coins’ huge token accumulation establishes it as a top performer and a highly popular asset in the market. Spot On Chain verified that Nascent’s first venture into PepeCoin was executed on the Binance exchange.</p> 
<p>Following the investment, Nascent has already begun making a profit in the short term. The company’s floating returns have increased by 4.8%, due to the current PEPE price. This means that the token is now the most valuable asset in Nascent’s blockchain portfolio, outranking even more important assets like <a href="https://makerdao.com/" target="_blank" rel="noreferrer noopener nofollow">MKR</a>. The total returns on Nascent’s investments have increased to $2.45 million, an incredible 248% increase.</p> 
<p><a href="https://cryptonewsland.com/pepecoin-skyrockets-to-400m-cap-leaving-shib-army-in-awe/" target="_blank" rel="noreferrer noopener">PepeCoin has performed remarkably well lately</a>, hitting record highs during significant price increases. According to recent analysis, PEPE’s outstanding performance has been fueled by a massive trading volume that exceeds $41 billion on a monthly basis. Due to its massive trading volume, PEPE has been able to outperform well-known tokens like XRP and Shiba Inu, greatly increasing its market presence.</p> 
<p>With a market cap of more than $5.52 billion, PEPE is still one of the <a href="https://cryptonewsland.com/pepe-coin-pepe-floki-inu-floki-and-retik-finance-retik-are-pumping-can-they-turn-10000-into-1000000-this-bull-cycle/" target="_blank" rel="noreferrer noopener">most valuable crypto assets</a>. Despite a bearish market, Nascent Capital’s sizeable investment in PepeCoin demonstrates their strategic confidence in future price recoveries.</p> 
<p>Given the growing interest in meme assets, market participants will probably keep a close eye on Nascent’s performance over the coming few days. The company’s early profits consolidate its position in the market by indicating that its approach in the field of cryptocurrency is effective.</p> 
<h4 class="wp-block-heading" id="h-read-also">Read Also</h4> 
<ul class="wp-block-yoast-seo-related-links">
 <li><a href="https://cryptonewsland.com/crypto-influencer-exposes-pepecoin-teams-deceptive-practices/">Crypto Influencer Exposes Pepecoin Team’s Deceptive Practices</a></li>
 <li><a href="https://cryptonewsland.com/pepecoin-skyrockets-to-400m-cap-leaving-shib-army-in-awe/">PepeCoin Skyrockets to $400M Cap, Leaving Shib Army in Awe</a></li>
 <li><a href="https://cryptonewsland.com/moonbag-top-2024-crypto-presale-amid-pepe-dogeverse-uncertainties/">MoonBag Emerges as the Top Crypto Presale in 2024 Amid Pepecoin and Dogeverse Uncertainties</a></li>
 <li><a href="https://cryptonewsland.com/whats-behind-pepes-remarkable-63-surge-in-the-memecoin-market/">What’s Behind PEPE’s Remarkable 63% Surge in the Memecoin Market?</a></li>
 <li><a href="https://cryptonewsland.com/what-does-pantera-capitals-monumental-investment-in-ton-mean-everything-you-need-to-know/">What Does Pantera Capital’s Monumental Investment in TON Mean, Everything You Need To Know</a></li>
</ul> 
<p>The post <a href="https://cryptonewsland.com/nascent-capital-invests-5-48-million-in-pepecoin-signaling-confidence-in-memecoin/">Nascent Capital Invests $5.48 Million in PepeCoin, Signaling Confidence in MemeCoin</a> appeared first on <a href="https://cryptonewsland.com">Crypto News Land</a>.</p>

Nascent Capital Invests $5.48 Million in PepeCoin, Signaling Confidence in MemeCoin

Crypto News Land

Other articles published on Jun 8, 2024

From Rising Star to Market Leader: BlockDAG’s Keynote 2 Skyrockets Presale To $46.8M Eclipsing Ca...

Bitcoin, DOGE, PEPE follow GME Coin’s 50% plunge

New Entrant Qubetics Whitelist Makes Life Difficult for Oldies Bitcoin and Solana

ZachXBT Exposes $2M Memecoin Heist, Targets ANDY Holders

Binance Exec’s Wife Criticizes US Delayed Response In Nigeria Trial

Arthur Hayes Suggests Going Long On Bitcoin And Other Cryptocurrencies

Join our free newsletter for daily crypto updates!