Over the past week, the price of the Pepe token has increased by more than 35%. At the time of writing this article, the value of the coin is $0.0000123.
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Due to the price increase over the past week, many traders were able to profit from Pepe trades. An analysis of the ratio of the daily volume of transactions on the network and profits with losses over the past seven days showed that the number of profitable transactions exceeded the number of unprofitable ones.
Using this indicator, you can see the ratio between profitable and unprofitable trades. At the time of writing, Pepe's odds are 1.54. This means that for every unit of transaction volume there is a loss, there are 1.54 units of transaction volume in profit. This situation indicates a positive mood in the market, since there are more transactions with profits than with losses.
If Pepe continues to rise, its price could reach $0.000012.
However, if profit taking activity begins to put downward pressure on the meme coin price, it could fall below $0.00001
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