Coin Edition -
- Lookonchain is urging traders to keep an eye on SmartMoney addresses and what meme coins they buy.
- PEPE and AIDOGE have already recorded gains of 10x+ recently.
- Both PEPE and AIDOGE are up by more than 90% over the last 24 hours
The on-chain analysis platform Lookonchain (@lookonchain) shared a post on Twitter this morning. In the tweet, Lookonchain turned the focus on a number of “SmartMoney” crypto addresses and their most recent purchasing activity. According to Lookonchain, traders could benefit from watching which meme coins these SmartMoney addresses are trading.
SmartMoney addresses (Source: Lookonchain)
The post also revealed that many of these SmartMoney addresses favored cryptos like Pepe (PEPE) and ArbDoge AI (AIDOGE). Lookonchain added that some of these addresses made 10x+ gains on these meme coins so far.
PEPE price (Source: CoinMarketCap)
The meme coin PEPE has had a very successful last 24 hours. According to the crypto market tracking website CoinMarketCap, PEPE is currently trading at $0.000000331 after a 338.34% price increase over the last 24 hours.
This allowed the meme coin to strengthen against both Bitcoin (BTC) and Ethereum (ETH) by more than 300%. PEPE’s 24-hour trading volume is in the green zone as well, and now stands at $119,301,668 after a more than 180% increase since yesterday. The crypto is also currently ranked number 2,610 on CoinMarketCap’s list of the biggest crypto market caps.
AIDOGE price (Source: CoinMarketCap)
The last 24 hours have also been kind to AIDOGE, as the meme coin is up 93.45% to trade at $0.0000000002838 at press time. The crypto was also able to strengthen against BTC and ETH by 95.51% and 103.56% respectively.
AIDOGE’s 24-hour trading volume currently stands at $181,435,771 after a 113.33% increase. With its market cap of $55,157,789, AIDOGE is currently ranked as the 2608th biggest crypto in terms of market capitalization.
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