According to IntoTheBlock data, it has been revealed that more than half of the PEPE addresses are currently profitable. About 54% of PEPE addresses are making a profit, and they could make a profit if they sell their tokens at the current market price. On the other hand, approximately 38% are at a loss, and they could suffer losses if they sell.
8.5% of PEPE holders are in a break-even situation, meaning they will neither make a profit nor a loss if they sell at the current market price. This distribution may reflect a variable investment outcome among PEPE investors. In addition, a significant decrease was observed in the activity of the PEPE network over the past week.
There was a decrease of 30% in the number of new addresses created and a 26% decrease in the number of active addresses. Also, there was an approximate 19% decrease in the number of addresses without any PEPE balance. These statistics may indicate a significant decrease in interaction and transaction activities within the PEPE network.
The growth of the PEPE network is proceeding very slowly, and the growth curve is almost flat. Nevertheless, it was observed that 147,000 new PEPE balance addresses were added to the network in the last 30 days. This number may indicate a slow but steady increase in the number of users or investors.
To better understand the profitability status of PEPE holders, additional factors such as the duration of holding cryptocurrency, especially for meme tokens like PEPE, as well as the latest market trends and the general tendency in the cryptocurrency market should be considered.
