The Pepe Coin rich list has been released, revealing the top 100 addresses holding the highest number of PEPE coins.
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During this surge in price, the count of addresses holding PEPE has risen. Let’s delve into the rich list to identify the top holders of Pepe coin.
Pepe Coin Price Surges by 18%
The price of Pepe coin has surged by more than 18% over the past few days, reaching a trading value of $0.000003231. This significant increase marks a wonderful opportunity for the PEPE community, representing a notable hike after nearly a year. Last year, PEPE experienced a similar spike, reaching its highest value at $0.000004354 on May 5, 2023.
CoinmarketCap reports that the surge in price has also affected the trading volume and market cap of Pepe coin. The trading volume currently stands at $2,067,176,892, following a surge of 48%. Additionally, the market cap has increased by 18%, reaching $1,310,661,529.
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Analysis of Top 100 Pepe Coin Rich Addresses
According to the list of the top 100 richest Pepe addresses, the largest holder, address “0xf977814e90da44bfa03b6295a0616a897441acec,” possesses a whopping 80 trillion PEPE coins, which accounts for 19% of the total supply. Over the last seven days, this address has traded approximately 27 trillion PEPE on Binance, potentially contributing to a surge in Pepe Coin prices.
There is a notable contrast between the first and second addresses on the list. The second-largest holder owns around 28 trillion PEPE, equivalent to 6.78% of the total supply. The list unveils the 100 wealthiest PEPE addresses, providing insights into the platforms used for transactions and the types of wallets utilized.
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Binance emerges as the platform with the highest number of transactions for Pepe coin, accounting for 107.2131% of the total. Following closely is Bybit, responsible for approximately 19% of the transactions. OKX and Kucoin also feature prominently on the list, representing 6.777% and 5.8664% of the transactions, respectively.
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These top 100 holders collectively control 74% of the Pepe distribution in the crypto market. Notably, the top 10 addresses alone account for 46% of the distribution, underscoring a significant concentration of wealth within a small subset of holders.
In Summary
Pepe Coin is currently just 28% below its all-time high value of $0.000004354. If its performance continues on the same trajectory, the meme coin is likely to reach that milestone soon. The highlighted list reveals that a single address holds over 19% of the total supply of Pepe memecoin. Learn more about how Pepe Coin traders earned $2 million in profits.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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