PepeCoin

<ul><li>PEPE&#39;s market cap has surpassed MATIC&#39;s, driven by significant whale activity and market speculation.</li><li>A whale&#39;s large PEPE withdrawal from Binance has boosted the coin&#39;s value by 81% in a week.</li><li>Ami MATIC&#39;s utility and PEPE&#39;s surge underscore the speculative nature of the cryptocurrency market.</li></ul>The meme coin PEPE surpassed Polygon’s MATIC in market capitalization. This shift in market dynamics is drawing attention to the factors propelling PEPE&#39;s rise. The surge in PEPE&#39;s value has sparked discussions across the crypto community, highlighting the nature of the market.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/1fb27fdc78684f1aa751a911e16acb1f.png" />Analyst Crypto Rover <a href="https://x.com/rovercrc/status/1794999983470748068" rel="noopener noreferrer nofollow">posted on X</a> that PEPE had flipped MATIC, marking a step for the meme coin. This development comes on the heels of a price rally for PEPE. According to onchain analytics firm Spot On Chain, a whale withdrew <a href="https://twitter.com/spotonchain/status/1794920357780238658?t&#61;QA-dO_fcmuzbT1A7xKfrtw&amp;s&#61;19" rel="noopener noreferrer nofollow">1.323 trillion PEPE</a> from Binance at approximately $0.00001378, costing around $18.2 million.With the price surging 81% over seven days to a new ATH, the whale&#39;s holdings are now valued at $22.1 million, a 21% gain, according to Spotonchain. PEPE, as of this writing, trades at <a href="https://www.coingecko.com/en/coins/pepe" rel="noopener noreferrer nofollow">$0.00001664</a>, with a daily trading volume of $1.948B. This shows an increment of 6.12% in the last day and a 76.88% rise over the past week.The whale&#39;s transactions on Binance suggest a strategic move to hold or sell at a higher price. This action has contributed to PEPE&#39;s price surge, as such large transactions can influence market sentiment and drive up prices.<a href="https://cryptotale.org/pepe-flips-polygons-matic-why-is-the-meme-coin-surging/" rel="noopener noreferrer nofollow">https://cryptotale.org/pepe-flips-polygons-matic-why-is-the-meme-coin-surging/</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

PEPE Flips Polygon’s MATIC: Why is the Meme Coin Surging?

CryptoTale

Andra artiklar publicerade 27 maj 2024

ONDO struggles to reach $2: Why $1.20 is a key level now

PEPE Coin Jumps 80% This Week as Whales Buy In

Microstrategy’s Michael Saylor Says Spot Ethereum ETFs Approvals Is Good For Bitcoin, Here’s Why

This Dog Coin Is Up 53% And 'Still In Ripper Mode'... But It's Not Dogecoin

Retik Finance (RETIK) Soars 2000% After Exchange Listings, Reaches $3 All-Time High

Trump and Biden Back Cryptocurrency

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!