The price of PEPE soared by almost 200% in a week

Over the past seven days, quotes for the meme cryptocurrency PEPE have increased by ~195%, Arkham experts noted. The coin is trading at around $0.000003.

According to CoinGecko, trading volumes in the asset have jumped sharply in recent days - to more than $1 billion per day.

Arkham specialists noted an influx of funds into cryptocurrency from major market players such as Binance, Uniswap, KuCoin and Wintermute.

In response to a remark about the market maker’s purchase of $3.5 million in meme coins, Wintermute CEO Evgeniy Gaevoy compared the asset’s price chart “to a dragon.”

According to Arkham, the largest PEPE holders include Binance (over $350 million), OKX (~$100 million), Bybit (~$55 million) and Crypto.com (~$30 million).

The total capitalization of the coin is about $1.4 billion. The asset rate is approximately 23% lower than the historical maximum recorded in May 2023.#PEPE‏ #USDTMarketcap $PEPE