Profitability Among PEPE Holders: Over half (54%) of PEPE addresses are currently profitable, suggesting significant gains for many holders. This positive trend is despite 38% of addresses incurring losses and 8.5% at break-even.
Decline in Network Activity: The PEPE network has experienced a notable decrease in activity, evidenced by a 30% reduction in new address creation and a 26% drop in active addresses. Furthermore, there's been a 19% fall in addresses holding PEPE, indicating a decrease in engagement and transactions within the network.
Slow Growth Trend: Despite a sluggish pace of growth, the PEPE network has added around 147,000 new addresses holding a balance in the last 30 days.
Positive Community Sentiment: The PEPE Telegram community exhibits overwhelmingly positive sentiment, with 679 recent messages being positive compared to only four negative messages. This optimism reflects strong community support for PEPE.
Whale Dominance in PEPE Supply: Nearly 42% of PEPE's total supply is controlled by whale addresses, with 10 whale addresses holding more than 1% each. Additionally, 74 major investor addresses hold between 0.1% and 1% each, cumulatively accounting for about 26% of the total supply. This leaves less than one-third of the total supply for retail investors, highlighting the significant influence of large holders in the PEPE ecosystem.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.