The Rise and Fall of Pepe Coin: Insights from On-Chain Data and Investor Behavior.

1 min read
Source: The Daily Hodl
The Rise and Fall of Pepe Coin: Insights from On-Chain Data and Investor Behavior.
Photo: The Daily Hodl
TL;DR Summary

Three crypto whales have purchased over two trillion Pepe coins for more than $4 million after the memecoin's price plummeted. Pepe, the 60th-largest crypto by market cap, is one of the hottest altcoins as of late, having skyrocketed from its all-time low of $0.000000055142 in a matter of weeks. Lookonchain previously noticed several crypto whales gobbling up PEPE as the price began to soar, making massive profits on their investments.

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