Top 10 PEPE Holders Control Half the Supply: Who Are They?

in SteemitCryptoAcademylast month (edited)

Hey crypto enthusiasts! Let’s dive into some interesting stats about Pepe (PEPE), one of the popular tokens on the Ethereum blockchain.
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As of now, there are 246,639 holders of Pepe. As of July 6th Pepe is priced at $0.00000918, which is a 9.63% increase! In the past 24 hours, its lowest price was $0.0000077 and its highest was $0.00000929. Not bad for a day's trading, right?

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Pepe’s market cap is pretty impressive at $3.86 billion (68,235.91 BTC). In the last 24 hours, the trading volume hit $1.01 billion (17,910.37 BTC). These numbers show just how much activity and interest there is in Pepe right now.

Supply Details
Here’s a quick look at Pepe’s supply:

Circulating Supply: 420,690,000,000,000 PEPE
Max Supply: 420,690,000,000,000 PEPE
Total Supply: 420,689,899,999,995 PEPE

With the supply fully distributed, it’s clear that Pepe is a well-established token in the market.

What’s intriguing is that the top 10 holders control a substantial 45.86% of the total supply. Let’s break down what this means for the token and its market performance.

Distribution of Pepe Among Holders
Pepe’s distribution shows a high concentration among the biggest holders:

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Top 10 Holders: 45.86%
Top 20 Holders: 55.02%
Top 50 Holders: 67.41%
Top 100 Holders: 73.50%

This concentration means a few addresses hold significant control over the token. This can be a key point for those considering investing in Pepe.

Who are the Top 10 Richest Pepe Holders?

Here’s a peek at the top 10 addresses holding the most Pepe. Spoiler alert: big names like Binance and OKX are in the mix.

Binance (0xf977814e90da44bfa03b6295a0616a897441acec):

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Quantity: 92,975,517,521,309 PEPE
Percentage: 22.10%

Binance (0x5a52e96bacdabb82fd05763e25335261b270efcb):

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Quantity: 20,256,563,818,401 PEPE
Percentage: 4.82%

OKX (0x6cc5f688a315f3dc28a7781717a9a798a59fda7b):

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Quantity: 19,435,805,696,521 PEPE
Percentage: 4.62%

Bybit (0xf89d7b9c864f589bbf53a82105107622b35eaa40):

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Quantity: 16,788,579,657,855 PEPE
Percentage: 3.99%
And the list goes on, with other addresses holding smaller but still significant amounts of PEPE.

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So, what does all this mean for you? Pepe's high concentration among top holders can influence its market dynamics significantly. The recent price increase and high trading volume show there's a lot of interest and activity around this token. As always, if you’re thinking about investing, make sure to do your research and consider all the factors.

Happy trading, and may your crypto journey be profitable

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