Pepe (PEPE) can't get enough of the record: He exploited the market!

Frog-inspired memecoin Pepe (PEPE) broke new records following the approval of spot #Ethereum ETFs.

The number of blockchain addresses transacting on Pepe exploded last month; The popular memecoin of the Ethereum network has surpassed a 100 percent increase in the last 30 days with the arrival of spot ETH ETF approval.

According to IntoTheBlock data, daily active addresses holding PEPE increased by 230 percent to 9,830. This growth has even outpaced other memecoins like #FLOKI , where daily active addresses increased by 179 percent. Meanwhile, Dogecoin's number of daily active addresses increased by 10 percent to 53,000.

While not always a clear metric, tracking the number of daily active addresses can indicate a network's adoption trends or usage patterns. #PEPE was the name that attracted the most attention among the cryptocurrencies followed by IntoTheBlock.

#PEPE ed on the Pepe the Frog meme, first created by Matt Furie in 2005 and released with little fanfare last April. But the crypto community's interest in meme coins has peaked recently; has become a dominant trend despite their notorious volatility and conflict risks.

#PEPE h has been exploiting the market for a while, rose to its all-time high of $ 0.00001698, with memecoin behind it. The popular memecoin, which has shown huge increases since last year, dropped 4.8 percent in the last 24 hours. Despite the short-term decline, most PEPE investors are in profit.

According to IntoTheBlock, 97 percent of PEPE investors are making profits on paper, while 2.73 percent are breaking even.
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