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PEPE News: The latest meme coin in trend, Pepe (PEPE) has received complete backing from the Huobi crypto exchange. In a recent announcement, Huobi Global stated that it will be adding PEPE/USDT perpetual Futures on April 26, 2023. The crypto exchange listed the trending meme coin on April 18, 2023.
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Will Pepe Coin Price Shoot Again?
Pepe Coin managed to get into the trend after surging more than 900% in a day. The meme coin helped the initial investors to bag around 7500X returns. However, the PEPE price dropped after touching its all time high (ATH) of $0.0000004036 registered on April 20, 2023. However, its price is up by 290% in the last 30 days. Pepe is trading at an average price of 0.00000022, at the press time.
According to LookonChain, around 5 addresses are related to pepecexwallet.eth accumulated more than 8.87 trillion PEPE at the initial price. The purchase was made at the price of 0.19 Ethereum (approx worth $385).
It reportedly sold around 7.76 trillion for a whopping $1.23 million on DEX. This deal let them make a profit of around $1.23 million which is 3,200 times more than the purchase worth.
The post Pepe Coin Gets Huobi Backing; PEPE Price To Skyrocket? appeared first on CoinGape.
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