182 billion PEPE in one hour, what happened? 🤔🤔🤔
Frog PEPE's valuation has surged, and market giants may be selling. In the past 24 hours, PEPE rose 2.15% to $0.00001654, and has risen more than 75% in the past seven days.
This month, PEPE's rise has set a bullish tone for other meme coins, maintaining bullish momentum. PEPE's increase is 74.9%, setting multiple all-time highs.
The latest ATH appeared a few hours ago, when the token surged to a price of $0.00001718.
Two newly created wallets withdrew 182.7 billion PEPE from the SEC in less than an hour, worth about $3.1 million.
This large amount of PEPE transfers may indicate a reduced willingness to sell, although there may be a small number of holders who want to profit from their PEPE holdings.
In the bullish trend of PEPE, the market value of the digital token is about to surpass Polygon. As of this writing, PEPE has a market cap of $6.98 billion, while Polygon has a market cap of $7.21 billion.
If PEPE's rally continues, it could upend not only Polygon, but also Near, BCH, Tron, and more.
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