Over 63% of PEPE holders are now profitable
According to data released by IntoTheBlock, after a significanT price rebound, 63.2% of PEPE holders are now profitable, which is the second highest profit margin among the top meme coins. The number of active addresses has also sharply increased, peaking at almost three times the number from last week.
PEPE trading activity is also showing a positive trend, with large transactions increasing from an average of about 10 per day at the monthly low point to over 160 per day, with a daily total of over 56,000 transactions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan Predicts New Era for Crypto Under Trump Administration
Bitcoin Begins to Recover After Lates U.S. Inflation Report
Record Bitcoin ETF Outflows Shake Crypto Market
Building trust in Web3 with a unique ID score system: X Spaces recap with Rewardable