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Pepe
PEPE Meme Coin Craze Spreads Wealth to Ethereum Validators Running Blockchain
As risk-taking crypto traders sought to make tremendous profits off of surging prices for the suddenly-hot PEPE, a resulting surge in transaction fees brought a windfall to validators running the Ethereum blockchain.
Pepecoin’s Bewildering Rise Turned a Pittance Into an Almost 5,000,000% Meme Coin Profit
A pseudonymous crypto trader bought trillions of the meme coin three weeks ago on UniSwap for $263, and still holds about $9 million of PEPE after selling several million dollars worth, according to data from blockchain platform Arkham.
Pepecoin Short Sellers Lose Millions as PEPE Nears $1B Valuation
The tokens have run from strength to strength in the past week even as skeptics warned of an impending collapse.
Pepecoin Funding Rates Remain Negative as Bears Proliferate
Negative funding rates indicate dominance of bearish positions in the perpetual futures market.
Pepecoin Trading Volumes Surpass Dogecoin, Shiba Inu as Early Buyers Take Profits
Frenzied trading activity has pushed the newly launched pepe token (PEPE) to garner trading volumes higher than those of dogecoin (DOGE) and shiba inu (SHIB), otherwise the two biggest meme coins by trading volume. Since its debut a few weeks ago, PEPE briefly rocketed to a $502 million market cap following a 2,100% rise before pulling back. "The Hash" panel discusses the potential factors driving the meme economy's latest rally.
