Pepe Coin has dominated the trending cryptocurrencies chart hitting an all-time high of $0.00001051. PEPE price has increased by 65% in the last week and over 800$ over the past seven days.  The price surge is attributed to Elon Musk’s PEPE promotion on social media, the coin’s stability and resilience despite profit-taking actions by whales and a surge in open interest. As with any digital asset, understanding the distribution of its holders provides crucial insights into the dynamics of its market and the concentration of wealth within its ecosystem. In this article, we delve into the Pepe Coin rich list, exploring the distribution statistics and analyzing the top addresses holding significant quantities of the token.

Holder Distribution 

The first aspect we examine is the distribution of Pepe Coin holders. With a total of 184,583 holders, the distribution of tokens among these addresses sheds light on the level of concentration within the ecosystem. Notably, the top holders command a substantial portion of the total token supply, with the top 10 holders alone accounting for 46.54% of all tokens. This concentration intensifies further up the ladder, with the top 100 holders collectively owning 74.31% of the total supply. These statistics highlight the significant level of wealth accumulation within a relatively small group of addresses, indicating potential centralization concerns.

Binance Dominates PEPE Holdings

Among the top platforms, Binance dominates Pepe Coin holdings with an impressive 115.6491%, underscoring its pivotal role as a major trading venue. Bybit follows closely with a substantial 20.362%, indicating active trading and speculation on this derivative trading platform. OKX holds a noteworthy 5.5269%, further solidifying Pepe Coin’s presence on leading exchanges. KuCoin and gate.io also secure significant shares, with 5.3584% and 3.516% respectively. Other platforms collectively contribute to Pepe Coin’s accessibility and liquidity, ranging from 1.2624% to 0.0886%. This diverse distribution across platforms enriches Pepe Coin’s trading ecosystem, catering to a broad spectrum of traders and investors in the cryptocurrency market.

Top 10 Richest Pepe Addresses

The top 10 richest Pepe addresses provide valuable insights into the distribution of wealth within the Pepe Coin ecosystem, according to CoinCarp data. Let’s delve into each of these addresses and their significance.

Richest Pepe Addresses (Source: CoinCarp)

1. Address: 0xf977814e90da44bfa03b6295a0616a897441acec (Binance 8)

Quantity: 86,937,371,231,577

Percentage: 20.67%

This address stands out as the largest holder of Pepe Coin, with a substantial portion of the total supply. Being associated with Binance, one of the largest cryptocurrency exchanges globally, indicates significant liquidity and trading activity for the coin on this platform.

2. Address: 0x6cc5f688a315f3dc28a7781717a9a798a59fda7b (OKX)

Quantity: 23,251,254,754,022

Percentage: 5.53%

This address, linked to OKX, another major exchange, holds a significant amount of Pepe Coin. Its presence highlights the token’s popularity among traders and the availability of liquidity on multiple platforms.

3. Address: 0x5a52e96bacdabb82fd05763e25335261b270efcb (Binance 28)

Quantity: 18,582,239,492,570

Percentage: 4.42%

Despite holding a slightly smaller quantity compared to the top address, this address associated with Binance still commands a significant portion of PEPE supply, further emphasizing the token’s prominence on the exchange.

4. Address: 0xf89d7b9c864f589bbf53a82105107622b35eaa40 (Bybit: Hot Wallet)

Quantity: 17,132,088,892,534

Percentage: 4.07%

 This address, identified as Bybit hot wallet, indicates the token’s presence on this trading platform. The substantial quantity held in this wallet suggests active trading and liquidity provision on the exchange.

5. Address: 0x28c6c06298d514db089934071355e5743bf21d60 (Binance 14)

Quantity: 11,386,311,459,358

Percentage: 2.71%

Another address linked to Binance, highlighting the exchange’s significant role in PEPE’s trading ecosystem. Despite holding a smaller quantity, its presence among the top addresses underscores the token’s popularity on Binance.

6. Address: 0xf3b0073e3a7f747c7a38b36b805247b222c302a3 (Crypto.com 6)

 Quantity: 9,785,365,989,535

 Percentage: 2.33%

This address associated with Crypto.com indicates the token’s availability on this platform. While holding a smaller quantity compared to exchange addresses, its presence signifies Pepe Coin’s accessibility across various trading venues.

7. Address: 0x835678a611b28684005a5e2233695fb6cbbb0007

Quantity: 8,453,900,000,000

Percentage: 2.01%

With no specific association provided, this address holds a substantial quantity of Pepe Coin. Its presence among the top addresses suggests significant investment or trading activity by individual holders or entities.

8. Address: 0x000000000000000000000000000000000000dead (Null: 0x00…dEaD)

Quantity: 6,917,069,267,049

Percentage: 1.64%

This address, seemingly inactive or without a clear owner, still holds a notable quantity of PEPE. While its significance in active trading may be limited, it adds to the overall distribution landscape.

9. Address: 0x16b2b042f15564bb8585259f535907f375bdc415 (Kraken 33)

Quantity: 6,712,744,916,808

Percentage: 1.60%

Associated with Kraken, a well-known cryptocurrency exchange, this address reflects Pepe Coin’s presence on yet another major trading platform. Its quantity, though smaller compared to some other addresses, underscores the token’s diverse trading ecosystem.

10. Address: 0x9b0c45d46d386cedd98873168c36efd0dcba8d46

Quantity: 6,640,090,830,643

Percentage: 1.58%

This address, without a specific association provided, holds a significant quantity of PEPE. While not linked to an exchange, its presence among the top addresses signifies considerable investment or trading activity by individual holders.

Conclusion

Pepe Coin has demonstrated remarkable performance in the cryptocurrency market. The distribution of Pepe Coin holders provides crucial insights into the dynamics of its market and the concentration of wealth within its ecosystem. The top 10 richest Pepe addresses, dominated by exchanges like Binance and OKX, signify the token’s liquidity and popularity among traders, further solidifying its position as a dominant force in the meme coin market.

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Filed under: News - @ January 1, 1970 12:00 am