croakings

According to statistics displayed on the blockchain, 65% of all PEPE investors are now holding some profit. For comparison, this is how this stacks up against other memecoins such as DOGE and SHIB.
PEPE Has Just Recently Revealed Itself With New Rally and On-Chain Activity
According to information obtained from the market intelligence site IntoTheBlock, the most recent price increase from PEPE, which was over 37% over the course of the previous week, has resulted in a large increase in the holder profitability ratio of the cryptocurrency.
The data that follows illustrates how the percentage of holders who have some unrealized profit has changed for PEPE over the course of the past few months. Additionally, the graphic compares the same measure for other meme currencies in the sector, such as DOGE and SHIB.

As a result of this increase, around 63.2% of PEPE's user population is now considering holding their coins with favorable returns. According to the data, the profitability ratio of the frog-based memecoin is currently the second highest among these assets, surpassing the likes of Shiba Inu and Floki. This is a significant advancement.
Dogecoin, on the other hand, continues to be the most popular meme coin according to this criteria, as more than seventy percent of its investors may be considered profitable. Therefore, if PEPE is able to maintain its current rate of growth, it has the potential to surpass the original meme-based token. However, the recent spike of the indicator has been slower for DOGE.
According to IntoTheBlock, the profitability ratio is not the only statistic that has increased for the cryptocurrency in recent times; also, the number of active addresses associated with the cryptocurrency has also shown a significant growth.
PEPE Addresses That Are Active
The addresses that are participating in some kind of transaction activity on the blockchain are referred to as "active addresses." These addresses may be acting as either a receiver or a sender of the transaction. As can be seen from the graph that is shown above, the total number of active addresses for PEPE has witnessed a significant increase in recent times, which is an indication that investors have grown fairly active.

It is generally considered to be a favorable indicator for the sustainability of a rally when there is a large number of people participating on the network. This indicates that the rally may be able to keep itself fuelled for a longer period of time. In most cases, the occurrence of rallies is a cause for concern; yet, the activity level actually decreases.
Obviously, this is not the case with the spike of the meme coin, as it appears that there is a significant amount of interest among users pertaining to the cryptocurrency. Not only are normal investors expressing interest in the asset, but the huge transactions on the network have also seen substantial increase in recent times. This indicates that the growing interest in the asset is not limited to regular investors.

Whale Transactions involving PEPE
The transfers that are considered to be major transactions are those that have a value of at least one hundred thousand dollars. Just a short while ago, there were only ten transactions of this magnitude taking place on a daily basis for the memecoin. However, the number of transactions has since increased to more than 160.
Generally speaking, transactions of this nature are an indication of activity from whales; hence, the fact that the indicator for PEPE is increasing shows that these enormous entities are also actively interested in trading the currency at the present time.
The Cost of Memecoin
PEPE is now trading quite close to the $0.00000151529 mark as a result of its recent surge.

#DOGE #PEPE #SHIB