A notable decentralized exchange (Dex) trader, identified as wallet 0x9f24, has been making strategic moves in the $PEPECOIN market.
This trader boasts an impressive win rate of 68%, successfully profiting from 17 out of 25 token trades.
Within the last 24 hours, they added 36,200 $PEPECOIN to their portfolio at an average price of $2.10, amounting to a total investment of $76.4K. The trader now holds a total of 52,500 $PEPECOIN, worth approximately $111.6K.
đUpdate: Smart Dex Traders Buy More $PEPECOIN
Wallet 0x9f24â Win Rate: 68% (17/25 tokens)â In the past 24 hours, this trader has bought 36.2K $PEPECOIN ($76.4K) at AVG price $2.10.â He is currently holding 52.5K $PEPECOIN ($111.6K).
Currently, price of $PEPECOIN is testing⊠pic.twitter.com/Va5WC9lRvk
â iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) October 11, 2024
Currently, $PEPECOIN is hovering around a critical support level, sparking increased interest among traders. In a significant development, a massive $900K worth of $PEPECOIN was recently burned, contributing to an overall burn of around 6% (equivalent to $20M) of the total $PEPECOIN supply. This burn coincided with the Day 0 launch of the @getbasedai mainnet.
As the mainnet launch progresses, the Afterburner rewards program is ramping up, offering expanded incentives that now include Brains and Brain Credits. Hereâs a breakdown of the updated reward structure:
â 500 staked $PEPECOIN earns 1 $BASED token per day. â 6 staked Brain Credits also yield 1 $BASED token per day. â Staking 1 Brain, however, generates a much higher return of 166 $BASED tokens daily.
Afterburner Rewards â
In the weeks leading up to Mainnet Launch, the Afterburner period rewards will be expanded to include Brains and Brain Credits. The new reward structure is as follows:
â PepeCoin: 500 Staked PepeCoin = 1 $BASED per dayâ Brain Credits: 6 Staked Brain⊠pic.twitter.com/ZBhuc4XkHW
â BasedAI (@getbasedai) October 10, 2024
With these developments, traders are keeping a close watch on the evolving dynamics surrounding $PEPECOIN, as both strategic acquisitions and burns shape the tokenâs trajectory in the market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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Image Source: peshkov/123RF // Image Effects by Colorcinch
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