The current rise is due to three factors: large-scale buying orders by large investors (whales), token burning to reduce the amount in circulation, and a new listing on a major global exchange.
Market experts believe that the recent surge is due to a "deflationary structure" rather than an influx of short-term speculative funds.
In particular, the decrease in supply and liquidity are linked, causing a disruption in the supply-demand balance.
The imbalance in the supply was the direct cause of the price rise. ◆ Whale funds flowed in full force, and trading volume increased by 500% in 24 hours
According to on-chain analytics firm LookOnChain, several recent
It was confirmed that major wallet addresses in the cryptocurrency market purchased millions of dollars worth of PECH in a short period of time. As a result, trading volume in 24 hours increased by more than 500% compared to the previous day, and some global exchanges
LookOnChain said, "The majority of short-term capital inflows appear to be from whale addresses," and "Concentrated buying is causing short-term rallies."
"The meme coin market is showing signs of structural restructuring," he said.
Among analysts, the recent surge in PepeCash is seen as a reflection of the overall meme coin market.
Many see this as a sign of a structural change in the world. Meme-based assets, which have been seen as merely symbols of humor and community culture, are now essentially "
The cryptocurrency industry is wondering whether the surge in PepeCash will be a temporary overheating or whether it will mark a new beginning for the entire meme coin market.
Attention is focused on whether this will mark the beginning of an upward cycle.
2025/11/06 11:18 KST
Copyright(C) BlockchainToday wowkorea.jp 118