In the ongoing memecoin battle, Pepe (PEPE) is leaving Dogwifhat (WIF) in the dust, boasting a staggering market cap of $9.3 billion, far outpacing WIF’s $2.8 billion.
With its larger market cap and stronger investor confidence, PEPE is proving to be the undisputed leader in the memecoin arena.
PEPE has smashed through key Fibonacci levels, maintaining its upward momentum, while WIF struggles to break past the critical $4 resistance level. This clear divergence in performance underscores PEPE’s dominance.
One major PEPE whale has once again shown confidence in the token, purchasing an additional $3.68 million worth of PEPE. This brings the whale’s total holdings to an astounding 1.129 trillion PEPE tokens, valued at $26.63 million. The average purchase price is approximately $0.00001647, and the whale has already accumulated a floating profit of $7.84 million.
PEPE is the largest asset in this whale’s portfolio, followed by Shiba Inu (SHIB), which is valued at $10.29 million. The sheer size of the whale’s PEPE holdings reflects the immense confidence in the token’s continued growth.
With a perfect 100% winning rate in recent band movements, PEPE has cemented its position as the leader of the memecoin pack. While WIF struggles to gain traction, PEPE continues to attract whales and retail investors alike, further extending its lead in the marathon.
As the memecoin market evolves, PEPE’s remarkable performance highlights its staying power, making it a standout contender in the crypto space.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
The tokenized equities sector is accelerating rapidly, and xStocks has now crossed a defining milestone:…
Coinbase-incubated Layer 2 network Base is entering a new phase of its development, moving toward…
Zora has officially launched its new “attention market” on the Solana blockchain, marking a bold…
The XRP Ledger has introduced a new on-chain trading framework that signals a notable shift…
A new milestone in the evolution of crypto investment products is set to unfold as…
A major milestone is unfolding in the blockchain economy as Polygon records a historic “flippening”…