10.21 Trillion $PEPE in 24 Hours, What's Happening? - Utoday Analytics

Irma - Sep 11 - - Dev Community

PEPE has slipped 3.68% in the last 24 hours, trading at $0.00000718 despite a brief 5% surge earlier. Whale transactions surged, with $76.3 million in PEPE moved, marking a 131% increase, according to IntoTheBlock (ITB). Over 10.21 trillion PEPE was involved in these transactions.

ITB defines whale transactions as over $100,000, with 120 conducted in the last 24 hours and more than 200 in the past week. Whales believe PEPE is undervalued compared to rival Shiba Inu (SHIB), though no major development plans have been announced.

Currently, 49% of PEPE holders are in profit, with 11.11% breaking even. Despite its limited use cases, whales expect PEPE to rally, drawing renewed interest in the token.

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