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More than $50 million worth of PEPE and FLOKI have been accumulated through investors in the last 7 days.
Nansen knows that PEPE and FLOKI’s biggest client has almost 35% of its portfolio made up of meme coins.
PEPE and FLOKI were the two favorite Ethereum-based meme coins among savvy cash investors over the past seven days, according to on-chain knowledge platform Nansen. PEPE recorded $48. 8 million in smart cash inflows during the period, while FLOKI secured $4. 3 million in investments.
PEPE’s biggest client over the past seven days is a “Smart DEX Trader,” a tag created through Nansen to cater to the most successful on-chain traders. He has over $1. 2 million in PEPE at the time of writing, which is 15% of his holdings.
In addition, it made the largest acquisition of FLOKI last week, adding $1 million to its portfolio. The wallet also Shiba Inu (SHIB), which is worth approximately $700,000 of this meme coin. These 3 tokens account for almost 35% of this trader’s profits. portfolio.
Another Smart DEX Trader rater also amassed more than $1. 2 million in the same period, or 5. 6% of its portfolio. This company also has a value of $1. 7 million in DEGEN coins, which is 13% of its holdings.
In addition to smart money, portfolios created in 1,000 days or less have accumulated more than $1. 1 billion in PEPE, while FLOKI has earned $129 million in investments in the last seven days.
Also, it turns out that coin fever is brewing again. Solana, the most popular ecosystem for meme coin launches, set a new record for new tokens on May 4, with 14,648 tokens launched that day.
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