PEPE Coin Spikes 8% — Can $1 PEPE Make You A Meme Coin Millionaire Today?
Portfolio Pulse from Mehab Qureshi
Pepe Coin (CRYPTO: PEPE) has seen an 8% increase in the last 24 hours, outperforming meme-based cryptocurrencies like Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB). The daily trading volume of Pepe Coin has increased by over 140%, from $60 million to over $145 million. However, only 29% of all PEPE investors are currently in a profitable position, with 63% of all holders in a losing position.
August 09, 2023 | 3:41 am
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POSITIVE IMPACT
Dogecoin saw a modest gain of 1.61% and is currently trading at $0.0075.
The news mentions a modest gain in Dogecoin's value, which could potentially attract more investors, leading to a short-term positive impact on its price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Pepe Coin has seen an 8% increase and a surge in daily trading volume by over 140%. However, only 29% of PEPE investors are currently in a profitable position.
The news highlights a significant increase in Pepe Coin's value and trading volume, which could attract more investors. However, the fact that only 29% of investors are currently profitable could deter some potential investors, leading to a mixed short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Shiba Inu experienced a 6% rise, trading at $0.00000953. $1,20 worth of SHIB currently buys 1 million meme tokens.
The news mentions a rise in Shiba Inu's value and the potential for investors to become 'PEPE millionaires'. This could potentially attract more investors, leading to a short-term positive impact on its price.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 70