"PEPE Uncovered: We Reveal the Metrics
Secrets of Cryptocurrency Meme"
On-chain data provided by IntoTheBlock reveals a picture
intriguing for PEPE Coin investors. Currently, more than 50% of
the addresses of this meme cryptocurrency are in profitable territory,
suggesting a favorable scenario for a significant part of the
holders.
However, this indicator alone does not tell the whole story, as
the duration of the holding, recent market trends and sentiment
They generally also play crucial roles.
However, this indicator alone does not tell the whole story, as
the duration of the holding, recent market trends and sentiment
They generally also play crucial roles.
Within the universe of PEPE Coin holders, approximately
54% are in a profitable position, ready to make profits
if you decide to sell at the current market price.
In contrast, around 38% are at a loss, which implies that
Selling at the current time would generate losses. Finally, 8.5% are
at the break-even point, without immediate profits or losses. This
Diversity in profitability reflects the different experiences among
PEPE Coin investors.
The last week has witnessed a significant decline in activity
of the PEPE network. With a 30% decrease in the creation of new
addresses and 26% fewer active addresses, the question arises
about whether this is an indicator of a temporary pause or a moment of
reflection for investors.
In addition, 19% fewer addresses that no longer maintain PEPE balance
could suggest a reduction in active participation and transactions
within the network.
