PEPE, the popular meme coin, has recently been listed on OKX, a major cryptocurrency exchange. This move has sparked excitement among investors who believe that this coin has the potential to become a major player in both the cryptocurrency market and the meme coin sector.
The recent listing on OKX is a significant milestone for PEPE, providing the coin with greater exposure and access to a larger pool of investors. OKX is one of the world’s largest cryptocurrency exchanges, and their admission requirements are strict, which speaks to the increasing excitement surrounding the cryptocurrency. This move also bodes well for the future of PEPE, as it could lead to additional listings on other major exchanges.
In addition, there is speculation that Binance, another major player in the crypto space, could list PEPE if it meets their criteria. Binance CEO Changpeng Zhao recently hinted at this during an Ask-Me-Anything (AMA) session, further fueling excitement around the coin.
On top of the already exciting news, the value of the meme coin has skyrocketed over 90% since yesterday. This has led to a record-breaking market capitalization of over $435 million, ranking it as the 101st most valuable coin on the cryptocurrency market, as reported by NewsBTC.
According to Lookonchain, a blockchain analysis company, three “SmartMoneys” have sold a portion of their PEPE holdings, making over $1 million in profit. This impressive feat was achieved in just two weeks.
Lookonchain has reported that one individual’s wallet has profited significantly from investing in PEPE. According to Lookonchain, the wallet owner purchased 5.42 trillion PEPE tokens for the equivalent of 1 Ethereum, worth about $2,100.
The wallet owner sold 3.42 trillion PEPE tokens for 929 Ethereum, worth around $1.77 million. Despite selling some of their holdings, the individual still holds 2 trillion PEPE tokens, worth about $2.37 million at current market prices.
If this investor were to sell their remaining meme coin tokens at current market prices, it could potentially result in a profit of about $4.14 million.
Furthermore, a user named dimethyltryptamine.eth has also made a significant profit by investing in the cryptocurrency project. Reportedly, the user purchased 5.9 trillion PEPE tokens for 0.125 Ethereum, worth about $251.
Dimethyltryptamine.eth has sold 2 trillion meme coin tokens for 560 Ethereum, worth around $1.06 million. Despite selling some of their holdings, dimethyltryptamine.eth still holds 3.9 trillion PEPE tokens, worth about $2.37 million at current market prices.
PEPEcoin is currently trading sideways on the 1-hour chart.
Overall, the recent listing on OKX and the skyrocketing value of PEPE have made headlines in the crypto world, solidifying the meme coin’s position as a major player. Whether it will continue to rise or face a setback in the future remains to be seen, but for now, all eyes are on PEPE.