Retail Exits While Large Holders Accumulate PEPE: Meme Coin's Features Cause Controversy
- PEPE, a Pepe the Frog-inspired memecoin, fell 6% in 24 hours to $0.0000107 amid broader crypto sell-offs, yet maintains a $1B+ market cap. - Its deflationary mechanics—93.1% liquidity allocation, token burns, and staking rewards—differentiate it from peers but lack traditional financial metrics. - Whale addresses increased PEPE holdings by 1.38% weekly while exchange balances dropped 1.45%, signaling institutional accumulation amid retail flight. - Analysts highlight PEPE’s speculative appeal as a top 10
The
PEPE attracts attention due to its deflationary design and meme-based appeal. Built on Ethereum’s ERC-20 standard, it has a capped supply of 420.69 trillion tokens, with 93.1% initially placed in liquidity pools on
Recent blockchain data shows a split between retail investors and large holders. While the overall market has seen sell-offs, the top 100 non-exchange PEPE wallets have increased their balances by 1.38% in the past week, according to Nansen. In contrast, tokens held on exchanges fell by 1.45%, indicating that bigger players may be buying at lower prices PEPE Price Sinks 6% Amid Market Sell-Off as Whales Accumulate [ 2 ]. Analysts suggest this is due to PEPE’s low entry cost and its ranking among the top 10 memecoins by market cap, making it a popular speculative asset despite lacking traditional financial fundamentals.
PEPE’s market movement has been influenced by the “meme coin season” that started in late 2023. Created as an homage to Pepe the Frog—a character with a devoted fanbase—PEPE leveraged the meme coin craze, drawing parallels to
Looking forward, PEPE’s future will hinge on its ability to maintain community interest and deliver on its roadmap. While its redistribution and burn strategies are designed to support price stability, its long-term viability is still unproven. For now, it remains a favorite among traders hoping for a rebound, especially as the market looks ahead to a possible post-halving rally. Nevertheless, investors are advised to be cautious with memecoins, given their extreme price swings and lack of strong fundamentals PEPE price today, PEPE to USD live price, marketcap and chart ... [ 1 ].
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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