Pepe climbs 15% this week as Justin Sun-linked wallets hold nearly 3% of supply
- —PEPE has gained over 15% this week and trades above $0.00000494
- —Justin Sun-linked wallets hold about 3% of PEPE supply, worth $51.25 million
- —PEPE funding rates flipped positive at 0.013%, with longs paying shorts
- —PEPE social dominance rose to 1.209%, the highest since mid-April
Why it matters: A high-profile accumulation and improving derivatives metrics could draw retail demand, but heavy concentration in one holder raises the risk of a sharp selloff.
Source: FXStreet Crypto