Five Addresses Associated with Pepecexwallet.eth Buys and Sells Trillions of PEPEs

04/24/2023 10:26 • NFT Newsflash • 130 views

On April 24th, according to Lookonchain monitoring data, five addresses associated with pepecexwallet.eth purchased 8.87 trillion PEPEs at a low price of approximately 0.19 ETH ($385), and sold 7.76 trillion PEPEs on DEX for $1.23 million, earning nearly $1.23 million and a yield of over 3200 times.

Data: Five related addresses of PEPExwallet.eth made a profit of $1.23 million from buying and selling PEPE, with a yield of over 3200 times

Introduction

The cryptocurrency market is known for its volatility, and the recent PEPEs transactions by five addresses associated with pepecexwallet.eth on April 24th are no exception. This article provides an in-depth analysis of the transactions and the impact of the yield on the market.

A closer look at PEPEs

PEPEs is an ERC20 token based on the Ethereum network. The token has been gaining popularity among crypto investors and traders, particularly for its unique meme-based design. The price of the token fluctuates based on market demand, supply, and market trends.

Purchasing PEPEs at a Low Price

On April 24th, five addresses associated with pepecexwallet.eth purchased 8.87 trillion PEPEs at a low price of approximately 0.19 ETH ($385). This move attracted the attention of many traders in the market.

Selling PEPEs on DEX

After buying PEPEs at a low price, the five addresses associated with pepecexwallet.eth sold 7.76 trillion PEPEs on DEX for $1.23 million, earning nearly $1.23 million and a yield of over 3200 times. This transaction not only generated high returns for the traders but also affected the market price of PEPEs.

Impact of the Yield on the Market

The yield of over 3200 times that the five addresses associated with pepecexwallet.eth earned from buying and selling PEPEs had a significant impact on the market. The price of PEPEs experienced a surge in value following the transaction. This sudden increase in the value of the token resulted in many traders and investors re-evaluating their positions in the market.

Conclusion

In conclusion, the five addresses associated with pepecexwallet.eth made a significant impact on the PEPEs market with their high yield of over 3200 times. The move resulted in an increase in price, which attracted further trades and investments in the crypto. In a market known for its volatility, it is essential to keep track of market trends and significant transactions like the ones highlighted in this article to make informed investment decisions.

FAQs

1. What is PEPEs?
PEPEs is an ERC20 token based on the Ethereum network.
2. How did the five addresses associated with pepecexwallet.eth make high returns on PEPEs?
They purchased 8.87 trillion PEPEs at a low price of approximately 0.19 ETH ($385) and sold 7.76 trillion PEPEs on DEX for $1.23 million, earning nearly $1.23 million and a yield of over 3200 times.
3. How did the yield on PEPEs affect the market?
The yield had a significant impact on the market, resulting in an increase in the price of PEPEs and attracting further trades and investments in the crypto market.

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