{"id":133240,"date":"2024-07-16T15:00:03","date_gmt":"2024-07-16T12:00:03","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133240"},"modified":"2024-07-16T13:31:51","modified_gmt":"2024-07-16T10:31:51","slug":"pepe-with-a-major-surge-after-a-significant-vc-purchase","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/pepe-with-a-major-surge-after-a-significant-vc-purchase\/","title":{"rendered":"Pepe With a Major Surge After a Significant VC Purchase"},"content":{"rendered":"<p>The firm bought 141 billion <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/pepe\/\">PEPE<\/a><\/strong>, worth approximately $1.57 million, after selling its <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/maker\/\">MKR<\/a><\/strong> holdings. This move signals strong confidence in the meme coin\u2019s potential.<\/p>\n<p>Nascent\u2019s recent actions involved trading 1,215 MKR tokens valued at $3.41 million for 141.23 billion PEPE and 281K <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/lido-dao\/\">LDO<\/a><\/strong> tokens through Binance.<\/p>\n<p>This brings Nascent\u2019s total PEPE holdings to 608.85 billion, valued at $7.49 million. This aggressive acquisition strategy highlights the firm\u2019s belief in PEPE\u2019s growth prospects.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/this-crypto-network-breaks-9b-transaction-record-whats-behind-the-surge\/\" title=\"This Crypto Network Breaks $9B Transaction Record: Whats Behind the Surge?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/blockchain-1-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">This Crypto Network Breaks $9B Transaction Record: Whats Behind the Surge?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Following this acquisition, PEPE\u2019s price surged to $0.00001201. The coin\u2019s value fluctuated between $0.000009399 and $0.00001251 in the past 24 hours. Market analysis from Coinglass showed a 23.19% increase in futures open interest and a 178.66% rise in derivatives volume, indicating strong investor interest.<\/p>\n<p>With the RSI at 58, the market shows a slight bullish trend, suggesting potential for further price increases. However, the volatile nature of the cryptocurrency market means investors remain cautious about future movements.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Pepe coin experienced a significant 23% jump on July 16, driven by a substantial purchase from venture capital firm Nascent.<\/p>\n","protected":false},"author":3,"featured_media":78698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[],"class_list":["post-133240","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Pepe With a Major Surge After a Significant VC Purchase<\/title>\n<meta name=\"description\" content=\"Pepe coin experienced a significant 23% jump on July 16, 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