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🐸🐸🐸PEPE Price: Investors Accumulate 650 Bln Pepe Coin, More Steam Left?
Crypto market investors have added a bullish trend to Pepe coin, with about 650 billion tokens purchased in the last 24 hours.
Despite the dominant bull run of the token in this cycle, PEPE accumulations are on the rise.
Pepe coin hoardings have emerged as an ongoing trend amid the remarkable bull run experienced by the frog-themed meme token this year. Today, on May 11, data from an analysis platform revealed that a staggering 650 billion #PEPE had been purchased by crypto market investors, and this ignited a flurry of optimism about the future price movements of the mem cryptocurrency.
The Pepe coin has risen from a low of $0.0000009 in March this year to a peak of $0.0000099, defying market expectations and giving rise to the usual sentiment that the token may need a correction.
Here is a detailed report on the current market statistics and price movements of Pepe Coin.
PEPE Accumulations - The 'Hot Trend' of the Crypto World
According to data compiled by LookOnChain, investors have bought 649.16 billion PEPE coins in the last 24 hours, while four unknown addresses have collected large amounts of Pepe coins from exchanges. the address 0xa145 attracted 3.44 billion PEPE worth $ 350 million from Binance, one of the most famous CEX. It is worth noting that this address is good at swing trading and has reportedly made a profit of $ 2.66 million with the frog-themed meme coin.
Meanwhile, the 0XA4FD address bought 1.09 billion PEPE with 123.66 million US Dec. Simultaneously, 0x895f and 0X24E3 addresses purchased 101 billion and 74.5 billion PEPE, respectively.
These large accumulations in the midst of the token's ongoing bullish momentum have fueled optimism about PEPE's potential for further earnings. However, it seems that the price of PEPE has followed a rather turbulent course in the last 24 hours.
