Benzinga – Pepe Coin (CRYPTO: PEPE) has significantly risen over the past week, with gains of over 70% due to a market-wide surge led by Bitcoin (CRYPTO: BTC).
What Happened: The frog-themed meme coin rose as much as 5% in the last 24 hours, experiencing trading volumes of over $780 million, according to CoinMarketCap data.
PEPE is outperforming top meme tokens by market capitalization such as Shiba Inu (CRYPTO: SHIB), Floki (CRYPTO: FLOKI) and Dogecoin (CRYPTO: DOGE).
More: A Stay At The Floating Palace From James Bond’s ‘Octopussy’
Current Price: As of the latest trading price, Pepe Coin is valued at $0.000001549. This means that for just over a dollar, you can purchase 653,594.7 PEPE tokens. With just $1.53, you can even buy over a million PEPE tokens.
In a recent tweet, Lookonchain finding revealed that a whale spent 4.54 million USDC and 150 Ethereum (CRYPTO: ETH), equivalent to $287,000, to purchase 3.43 trillion PEPE.
Whale”0x31f5″ spent 4.54M $USDC and 150 $ETH ($287K) to buy 3.43T $PEPE at $0.000001406 in the past 8 hours.
The whale made ~$11.47M on $PEPE for the first time and lost ~$741K on $PEPE for the second time. pic.twitter.com/SeS8P7jaQ3
— Lookonchain (@lookonchain) June 22, 2023
Read Next: Bitcoin Hovers Near $30K After BitGo Abandons Prime Trust Takeover, Ethereum, Dogecoin Drop Slightly — Analyst Predicts 420% Surge For King Crypto By 2025
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© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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