Doge Pepe (DOPE) Gains 249.0% but a Single Wallet Holds 50.0% of Supply
Participation Event
In the last hour, Doge Pepe (DOPE) recorded a total of 722 transactions, a significant increase compared to previous trading activity. This surge in transactions includes 437 buys and 285 sells, indicating a heightened interest in the token.
- Holder concentration: 50.0% top address
- Pair maturity: 1.2 hours
- Liquidity depth: $102,222
Transaction Breakdown
Of the 722 transactions, 437 were buys while 285 were sells. This results in a buy-side leaning of approximately 61%, suggesting a stronger demand among traders during this period.
Market Activity
The total volume over the last 24 hours reached $748,587, with a one-hour volume of $168,977. The price of DOPE is currently at $0.001091, reflecting the recent price movement.
Liquidity Profile
Doge Pepe has a liquidity figure of $102,221.98, which is relatively workable for small positions but may not support larger trades without impacting the price.
Risk Note
The overall risk assessment indicates elevated risk due to holder concentration, with a single wallet controlling 50.0% of the supply. This article does not constitute financial advice.