Markets· ★★· bullish·

Justin Sun Holds 2.82% of PEPE Supply as Dogecoin Jumps 10%

  • —Justin Sun holds 2.82% of PEPE supply, making him its largest individual holder
  • —Sun's spot position reportedly exceeds PEPE perpetual-futures open interest
  • —Dogecoin rose 10%, with traders watching the $0.10 level
  • —A DOGE short squeeze would require sustained demand and forced buying
Why it matters: Concentrated ownership makes PEPE sensitive to one wallet's moves, while DOGE's rally could force bearish positions to close.
#PEPE#DOGE
Source: DailyCoin
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