PEPE Holder Count Hits Record Amid Price Dip, While Dogecoin Shows Stronger Technical and Fundamental Position
Main Idea
PEPE's holder count reached a record high despite a price decline, while Dogecoin (DOGE) shows stronger performance and fundamentals in the memecoin market.
Key Points
1. PEPE’s holder count hit an all-time high of 472,158 despite an 18% weekly price drop, indicating sustained community interest.
2. DOGE rebounded to $0.20 after a 3.51% gain, recovering from a 30% drop since its $0.27 peak two weeks ago, and leads with stronger fundamentals and whale support.
3. PEPE’s top 100 wallets control 72.74% of its total supply, showing high concentration, while DOGE’s top 100 holders control 63.79%, suggesting more distributed ownership.
4. DOGE’s July price gain was 30% compared to PEPE’s 12.8%, highlighting DOGE’s stronger market position.
5. The memecoin market capitalization reached $65 billion, with inflows surpassing $5 billion over two days.
Description
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