Yesterday, Lookonchain’s blockchain tracking page reported that a significant crypto investor had acquired a staggering 1.23 trillion units of Pepe (PEPE) using 250 Ethereum (ETH), valued at around $476k during the time of purchase. The tweet further disclosed that the average buying price for this PEPE transaction was $0.000000366.
Following its purchase of PEPE, the whale above proceeded to trade SkyHub Coin (SHB). Regrettably, this transaction resulted in a loss of approximately 25 ETH, estimated to be valued at $79K.
According to CoinMarketCap’s data, PEPE has experienced a remarkable surge in value within the past 24 hours, thanks to a significant acquisition by a prominent investor. PEPE’s current market value currently stands at approximately $0.000001041, reflecting an impressive 87.52% increase in price over the same period.
The meme coin has demonstrated remarkable resilience, even outpacing the market leaders Bitcoin (BTC) and Ethereum (ETH). PEPE has surpassed BTC by an impressive 98.02% over the last day while also outperforming ETH by approximately 99.39% during the same period. The 24-hour trading volume for PEPE has surged to $339,477,037, representing a staggering increase of nearly 180% since yesterday. These impressive figures are a testament to the strength and potential of this emerging cryptocurrency.
PEPE’s other time frames are also exhibiting a verdant hue today. The meme-inspired cryptocurrency has witnessed a surge of over 2% in the past hour. However, the real showstopper is its weekly performance, with PEPE soaring by a staggering 249.92% in the last seven days.
According to market analysis, PEPE’s current market capitalization is approximately $437,894,444. This places PEPE at the 2,613th position among the largest cryptocurrencies in market capitalization.
Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.
