PEPE the Frog Coin (PEPE) Rallies 13% in a Day: Here's What the On-Chain Data Reveals

Profitable addresses and bullish sentiment rose as well.

Profitable addresses and bullish sentiment also saw a remarkable 13.32% price increase in just 24 hours. This boost pushed its market cap up by 13.02% to $3.4 billion.

AMBCrypto’s analysis of on-chain data revealed some interesting insights. At the time of writing, 52.91% of addresses holding PEPE were profitable. A slight majority like this could indicate a relatively even distribution of holdings among various individuals.

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