💵 According to AMBCrypto: $PEPE Hits New ATH

Analysis of the holders’ chart on Santiment revealed a notable increase in the number of Pepe holders over the past few days.

The chart indicated a rise of over 3,000 new holders within the last five days, with the current count exceeding 221,000 holders.

This uptrend suggested a sustained influx of new investors, reflecting heightened interest in the token. 

Also, data from IntoTheBlock indicated that all holders are currently in profit, with 100% of them experiencing gains relative to their initial investment due to the current price appreciation.

Additionally, recent data from Lookonchain highlighted a significant transaction involving a wallet that has been actively accumulating the token since December 2023.

Over this period, the wallet invested approximately $1.49 million to acquire 1.4 trillion tokens.

However, the wallet recently sold 140 billion tokens, equivalent to around 10% of its holdings, for approximately $1.57 million.

AMBCrypto’s analysis of Pepe’s price chart revealed a remarkable trend characterized by consecutive new all-time highs over the past three days. Pepe experienced an impressive surge on the 13th of May, achieving an over 13% increase and reaching an ATH of 0.0000099. 

Subsequently, on the 14th of May, another notable uptick of over 6% propelled it to a new ATH of around $0.000010.

As of this writing, it was trading at approximately $0.000011, marking another ATH with over a 7% increase.

Furthermore, the Relative Strength Index (RSI) indicated a strong bull trend, with Pepe currently in the overbought territory.

This suggested significant buying pressure and investor optimism surrounding Pepe’s price trajectory.