💪Pepe will make a million in 2024💪

🔶PEPE, the third largest memecoin by market capitalization, behind DOGE and SHIB, has increased by almost 800% over the past month. The frog coin now almost exceeds the market capitalization of $3 billion.

Despite all this growth, can this trend continue? On-chain and technical analysis shows us that PEPE price could soon reach new all-time highs.

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PEPE gained more than 25,000 holders
The recent increase in the number of PEPE holders of more than 25,000 in two weeks speaks volumes about the growing confidence in the currency. This influx of new investors provides a solid basis for sustained upward pressure on prices.

Interestingly, this growth trend does not seem to be slowing down, so we can expect the number of PEPE holders to increase even further in the coming days.
The PEPE had around 150,000 holders as of February 6. By March 8, its holder count had increased to 175,000. Such a large token, seeing 16% growth in holders in less than 2 weeks, is impressive.

The last time PEPE attracted so many holders in a short time, its price doubled in 15 days.

Profitable PEPE Holders Worth Watching
Currently, the proportion of profitable PEPE holders stands at 86%, which equates to around 160,000 addresses. Just five days earlier, that figure was slightly higher, at 91%. Such a drop is expected and normal, considering the influx of new holders plunging into the market amid the bullish momentum of the coin.

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