There is a window of opportunity for investors since most cannot profit from Pepecoin’s meteoric surge.
SingularityDAO’s latest report details how the vast majority of Pepecoin (PEPE) investors were left to play musical chairs while the early adopters reaped the rewards.
The research adds that most investors will not be able to generate significant returns due to the early profit-taking.
The ‘Pepe the Frog’ themed meme coins rose from a market valuation in the low five digits to $33 million in only one week of release, accumulating more than 80% of possible gains in that time.
Trading volumes for the tokens have surpassed those of dogecoin (DOGE) and Shiba inu (SHIB), the two most significant meme currencies by trading volume, and the market value of the tokens has reached a high of $1.8 billion in the middle of May.
Some experts have sounded the alarm about the lack of retail traders and the early activity of pepecoin dealers. The concentration of so many tokens in so few hands has been the most significant threat, making the market vulnerable to the whims of a small group of investors. CoinGecko data reveals that PEPE prices have fallen 73% from their May high, and the availability of liquidity continues to be a significant issue for the industry.
According to DAO’s analysis, big-scale investors (or “whales”) control as much as 25% of PEPE, while other significant investors control 46% of the total supply.
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