Unveiling the Wealthiest Pepe Coin Holders 🐸💰

Pepe Coin’s Distribution: Exploring the Top Addresses Holding the Token

Pepe Coin has recently made waves in the cryptocurrency market, reaching an all-time high of $0.00001051. Its price has surged by 65% in the last week and over 800% in the past seven days. This remarkable performance can be attributed to several factors, including Elon Musk’s promotion of PEPE on social media, the coin’s stability despite profit-taking actions by whales, and a surge in open interest.

Holder Distribution

Understanding the distribution of Pepe Coin holders is essential for gaining insights into its market dynamics and wealth concentration within its ecosystem. Here are some key findings:

The top 10 holders of Pepe Coin account for 46.54% of all tokens, indicating a significant level of wealth accumulation within a small group of addresses.
The top 100 holders collectively own 74.31% of the total supply, highlighting further concentration.

Binance Dominates PEPE Holdings

Among the top platforms, Binance stands out as the dominant holder of Pepe Coin with an impressive 115.6491%. Other notable platforms include Bybit with 20.362%, OKX with 5.5269%, KuCoin with 5.3584%, and gate.io with 3.516%. These platforms contribute to Pepe Coin’s accessibility and liquidity, catering to a broad spectrum of traders and investors in the cryptocurrency market.

Top 10 Richest Pepe Addresses

Let’s take a closer look at the top 10 richest Pepe addresses and their significance:

Quantity: 86,937,371,231,577

Percentage: 20.67%

This address, associated with Binance, holds the largest quantity of Pepe Coin. Its presence indicates significant liquidity and trading activity for the coin on this platform.
Quantity: 23,251,254,754,022

Percentage: 5.53%

Linked to OKX, another major exchange, this address holds a significant amount of Pepe Coin. It highlights the token’s popularity among traders and the availability of liquidity on multiple platforms.
Quantity: 18,582,239,492,570

Percentage: 4.42%

Despite holding a slightly smaller quantity compared to the top address, this address associated with Binance still commands a significant portion of PEPE supply.
Quantity: 17,132,088,892,534

Percentage: 4.07%

Identified as Bybit hot wallet, this address reflects the token’s presence on this trading platform. Its substantial quantity suggests active trading and liquidity provision on the exchange.
Quantity: 11,386,311,459,358

Percentage: 2.71%

Another address linked to Binance underscores the exchange’s significant role in PEPE’s trading ecosystem.
Quantity: 9,785,365,989,535

Percentage: 2.33%

Associated with Crypto.com, this address signifies the token’s availability on this platform and adds to its overall accessibility across various trading venues.
Quantity: 8,453,900,000,000

Percentage: 2.01%

Holding a substantial quantity of Pepe Coin with no specific association provided, this address indicates significant investment or trading activity by individual holders or entities.
Quantity: 6,917,069,267,049

Percentage: 1.64%

This seemingly inactive address still holds a notable quantity of PEPE, contributing to the overall distribution landscape.
Quantity: 6,712,744,916,808

Percentage: 1.60%

Associated with Kraken, a well-known cryptocurrency exchange, this address reflects Pepe Coin’s presence on yet another major trading platform.
Quantity: 6,640,090,830,643

Percentage: 1.58%

Holding a significant quantity without a specific association provided, this address signifies considerable investment or trading activity by individual holders.

Conclusion

Pepe Coin has demonstrated remarkable performance in the cryptocurrency market. The distribution of Pepe Coin holders provides crucial insights into its market dynamics and wealth concentration within its ecosystem. The dominance of exchanges like Binance and OKX among the top addresses signifies the token’s liquidity and popularity among traders, solidifying its position as a dominant force in the meme coin market.