The number of budgets holding more than 10 million #PEPE is increasing.
The lack of a significant increase in open interest indicates that people may still be cautious about making new purchases. In addition, increases in budgets holding more than 10 million $PEPE are reported. This development shows that there is not much selling pressure on the popular memecoin. If we consider Bitcoin reaching 63,000, these statistics may continue positively for a while.
In this process, it will play an important role in the course of the memecoin market. The popular memecoin, which took 2023 by storm, may attack again in the last parts of 2024 if the trend strengthens.
However, it is critically uncertain in which area the memecoin trend will take place. For example, a summary of the craze in cat memecoins in recent weeks. Many cat salon memecoins, especially POPCAT, have experienced their own bulls.
#memecoins #PEPEUSDT #binance
