PEPE holders have grown from a small number to over 105,000 in a month.
about early PEPE investors turning thousands of U.S. dollars worth of investments into millions within a week, prompting more people to join the frenzy.
"It wouldn’t be surprising to see PEPE surpass both at some point, if only momentarily, now that it has gained legitimacy,"Chase Devens, a researcher at Messari. The immediate listings across popular centralized crypto exchanges like Binance are the primary reason for the rapid rise in valuation, adds Devens..
"PEPE perpetual futures are now available on exchanges like Binance and Bybit to give users access to 100x leverage against PEPE’s price. In only a few days, PEPE derivative volumes have already surpassed daily spot trading volumes."
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