Analysts: memecoin season is back, $PEPE, $AIDOGE and other $DOGE, $SHIB copycats are rocketing w/ ArkhamIntel
The single Ethereum account purchased 1.82 trillion PEPE for just $20. This stake is a significant share of PEPE's net circulating supply. In two days, the price of this allocation spiked over $150,000.
As such, the obscure cryptocurrency only available in four Uniswap pools registered an almost 7,500x price upsurge in no time. Unfortunately, the"whale" spotted by Arkham sold it too early. As of today, PEPE continues its breath-taking rally. The token is up by 50% in the last 24 hours. Its trading volume exceeds $40 million; CoinGecko and CoinMarketCap have started tracking its performance.PEPE is not the only meme-themed cryptocurrency gaining traction in mid-April 2023. For instance, ArbDoge AI token, which does not want to be called a meme coin, spiked by over 100% in the last 24 hours.
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