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Pepe’s price rose 7.65% over the last 24 hours, after hitting a bottom on July 5th at $0.000007650, the coin has rallied back almost 30% reaching almost $0.00001 today.
Pepe has an incredibly strong memetic presence. Being one of the biggest figures in meme culture ever since its inception, Pepe is easy to fit into the narrative of most current events. Another factor bringing Pepe’s further growth into question is that its performance across the last month has been lackluster at best, dropping 21.81% total. Many of its competitors have dropped less, such as Dogecoin dropping 14.66%.data, Pepe whales holding $100,000 to $10 million worth of PEPE have been slowly selling off, with their holdings dropping over 10%. However, this has picked up a little today, and the whales might be coming back with today’s pump.
With Pepe’s future looking uncertain, some investors are looking at a token ICO called Pepe Unchained with the same meme appeal but that offers an innovative utility.is an innovative Pepe-inspired meme coin that comes with its own layer 2 protocol. PEPU aims to provide instant bridging between its own Pepe Chain and ETH, as well as massively lowered transaction fees and speeds up to 100x faster than ETH.
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