The price of Pepe Coin has recently seen a boom and it is believed that the reason behind this boom is to increase token outflow from the Centralized Exchange (CEX). At the same time, according to the Crypto Analyst, many investors are transferring their pepe coin to their self -wallets from exchanges, due to which this change is being seen. This trend is generally considered a positive signal because it means that investors are deciding to keep them in a safe way instead of selling their holdings.
CEX outflow increases, positive signal for investors
The increase in outflow of tokens from CEX is usually considered a bullish sign. The reason for this is that when investors transfer their tokens to self-wallets, it means that they want to keep the investment safe for long-term and maintain stability rather than a decline in the market. On Monday, the number of tokens on the stability came in Pepe Coin Worth and the number of tokens on exchanges has reduced to 240.15 trillion, which is 1.21% less than last week.
PEPE Coin Worth Fast
The current price of Pepe Coin is $ 0.000007246, with an increase of 0.42% in the last 24 hours. There itself PEPE Coin Wort increased by more than 20% in the last 7 days Is and is still showing fast. Its market cap is $ 3.05 billion and a 24 -hour trading volume is $ 737.45 million. If we talk about its all -time high, it reached $ 0.00002825 on December 9, 2024 and is now trading at a low price of 74.32%. At the same time, it took its all time on April 14, 2023, $ 0.00000000001062, which is now trading at a higher price of 68265155.15%.
These figures show that the increase in pepe coin can be a positive signal for the future and there is a possibility of even more growth in its future. The increase in outflow from CEX and keeping their tokens safe, can further strengthen its price. This trend indicates that investors have been confident of Pepe Coin, which is a positive signal towards its long-term development.
Conclusion
For Pepe Coin, an outflow from CEX is a positive signal, indicating that investors are thinking of keeping their tokens safe instead of selling. From this behavior of investors Pepe coin worth The future indicates stability and possible growth in the future. Although Pepe Coin is currently trending below its all-time high, its market cap and price improvement has made it an attractive option for investors and in the coming time, if this trend continues, the pepe coin can get more strength and can see further increase in its price.
