In the ever-changing world of cryptocurrency, the market is experiencing yet another exciting development. PEPE coin prices have skyrocketed, reaching an all-time high (ATH) in the crypto market. The surge in prices has been a hot topic among cryptocurrency enthusiasts, investors, and traders.
According to Coingecko, PEPE is currently trading at $0.000000479088, a 53.4% increase in the last 24 hours. This impressive surge has led to an increase in trading volume to $58,480,898, which is an 81.12% increase over the circulating supply of the coin. This increase in demand for PEPE coins is driving the price up, causing investors and traders to take notice.
Additionally, the Lookonchain has reported that 100 billion PEPE coins were recently exchanged for 21 Ethereum (ETH), which is currently valued at $40,068.88 in the current market price. This news further highlights the immense potential of PEPE coins in the cryptocurrency market.
However, there are those who are taking advantage of the surging PEPE coin prices. According to a recent tweet by Lookonchain, an individual has been selling his PEPE coins every time the price increases. In fact, this person has sold a staggering 800 billion PEPE coins, which is 14% of all the coins, and has earned 117 ETH, which is equivalent to $221.5K at an average selling price of $0.0000002744.
While this may seem like a risky move for some investors, it highlights the volatile nature of the cryptocurrency market. The price of cryptocurrencies can fluctuate rapidly, leading to either significant gains or losses for investors.
Despite this, the surge in PEPE coin prices is an exciting development in the world of cryptocurrency. It remains to be seen whether this trend will continue, but it is clear that the potential for profit is there for those who are willing to take the risk.
Source: https://azcoinnews.com/pepe-token-surges-to-ath-leading-the-meme-coins-market-gains.html
