Smart Dex Traders Buy More $PEPECOIN as It Tests Critical Support Level
A notable decentralized exchange (Dex) trader, identified as wallet 0x9f24, has been making strategic moves in the $PEPECOIN market.
A well-known decentralized exchange (Dex) trader, identified as wallet 0x9f24, has been making strategic moves in the $PEPECOIN market. This trader boasts an impressive win rate of 68%, successfully profiting from 17 out of 25 token trades.
Within the last 24 hours, they added 36,200 $PEPECOIN to their portfolio at an average price of $2.10, amounting to a total investment of $76.4K. The trader now holds a total of 52,500 $PEPECOIN, worth approximately $111.6K.
Currently, price of $PEPECOIN is testing a critical support level, sparking increased interest among traders. In a significant development, a massive $900K worth of $PEPECOIN was recently burned, contributing to an overall burn of around 6% (equivalent to $20M) of the total $PEPECOIN supply. This burn coincided with the Day 0 launch of the @getbasedai mainnet.
As the mainnet launch progresses, the Afterburner rewards program is ramping up, offering expanded incentives that now include Brains and Brain Credits. Here’s a breakdown of the updated reward structure:
– 500 staked $PEPECOIN earns 1 $BASED token per day.
– 6 staked Brain Credits also yield 1 $BASED token per day.
– Staking 1 Brain, however, generates a much higher return of 166 $BASED tokens daily.
Afterburner Rewards –
In the weeks leading up to Mainnet Launch, the Afterburner period rewards will be expanded to include Brains and Brain Credits. The new reward structure is as follows:
– PepeCoin: 500 Staked PepeCoin = 1 $BASED per day
– Brain Credits: 6 Staked Brain… pic.twitter.com/ZBhuc4XkHW
— BasedAI (@getbasedai) October 10, 2024
With these developments, traders are keeping a close watch on the evolving dynamics surrounding $PEPECOIN, as both strategic acquisitions and burns shape the token’s trajectory in the market.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: peshkov/123RF // Image Effects by Colorcinch
The above is the detailed content of Smart Dex Traders Buy More $PEPECOIN as It Tests Critical Support Level. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics











The increase in SHIB burns began on Monday, destroying less than 20000 tokens and escalating to almost 100000 tokens by Tuesday.

Memecoins have carved out their niche with surprising resilience and growth potential. According to recent AI predictions, two rival memecoins, Pepecoin (PEPE) and Mpeppe (MPEPE), are poised for substantial gains in the coming months.

A memecoin whale recently sparked a debate in the crypto market with his recent investment. Reportedly, the whale bought the newly launched IntelMarkets (INTL) token for over $200k.

Enter Mpeppe (MPEPE), a meme coin that has captivated the attention of crypto enthusiasts by combining meme culture with real-world utility.

In the heart of Texas, a crypto enthusiast who made headlines by turning a modest $5,000 investment into a staggering $400,000 with Pepe Coin is making waves again.

A notable decentralized exchange (Dex) trader, identified as wallet 0x9f24, has been making strategic moves in the $PEPECOIN market.

Strategic moves by major investors can signal shifts in market dynamics. Recently, a notable whale from the Pepecoin (PEPE) community has shifted gears.

In a market where few AI tokens have reached all-time highs (ATHs) this cycle, $LNQ stands out by achieving multiple ATHs.