{"id":527717,"date":"2023-04-20T08:45:41","date_gmt":"2023-04-20T08:45:41","guid":{"rendered":"https:\/\/ktsl888.com\/?p=527717"},"modified":"2024-06-11T08:12:03","modified_gmt":"2024-06-11T08:12:03","slug":"can-meme-coin-pepe-get-into-the-top-100","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/can-meme-coin-pepe-get-into-the-top-100\/","title":{"rendered":"Can Meme Coin PEPE Get Into The Top 100? Read This Before Buying"},"content":{"rendered":"

Although the meme coin PEPE was launched only four days ago, on April 16, it has been one of the hottest topics on the crypto markets in recent days. And not without reason. Since the launch, the PEPE price has skyrocketed by more than 20,000%.<\/p>\n

The creators of PEPE call the token itself “the most memeable meme coin in existence” and entitle Dogecoin, Shiba Inu and FLOKI as direct competitors. One of the meme coin’s taglines is “the dog days are over.”<\/p>\n

According to CoinMarketCap, PEPE’s fully diluted market cap has grown to nearly $131,5 million as of today, ranking the meme coin #2604 by market cap. For comparison, the meme coin FLOKI is ranked #111 and has a fully diluted market cap of $664.8 million, meaning that PEPE needs to 5x to reach the same size as the dog coin.<\/p>\n

Related Reading: Shiba Inu: How The Meme Coin Weathered Whale Dumping And Emerged Stronger<\/a><\/div>\n

At the time of writing, there were 28,647 holding addresses, whereas the number was already at 7,085 on the first day.\u00a0Top 10 holders currently own 16.71%, top 20 holders 23.01%, top 50 holders 35.64% and top 100 holders 44.15% of all tokens.<\/p>\n

The trading volume has also surged massively in the last 24 hours and stands at $179.7 million.<\/p>\n

One story caused a particular stir in recent days. As reported by on-chain data provider Lookonchain, a smart money investor spent just 0.125 ETH, about $251, to buy 5.9 trillion PEPE four days ago, worth $1.14 million now.<\/p>\n

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The SmartMoney is the luckiest guy I've seen recently.<\/p>\n

He spent 0.125 $ETH<\/a> ($251) to buy 5.9T $PEPE<\/a> ($1.14M currently) 4 days ago.<\/p>\n

If he sells at the current price of $0.0000001933, he will get a profit of ~$1.14M, more than 4,500x.https:\/\/t.co\/cUqMO6zIVO<\/a> pic.twitter.com\/Ex5voyRvsa<\/a><\/p>\n

— Lookonchain (@lookonchain) April 19, 2023<\/a><\/p><\/blockquote>\n