$RLC Coin is going viral in the market right now after surging 100%+ in less than 24 hours. Still, be careful—don't give in to FOMO. Save your money, guys.
Hyundai has tested 2 transactions on the Avalanche network (@avax), both during and outside banking hours.
This test was more than just a tech demo. The Proof of Concept (PoC) covered real corporate processes, such as compliance, internal controls, and reconciliation.
If large companies are starting to test blockchain for real operational needs, then institutional adoption of Avalanche $AVAX is becoming increasingly clear.
I’ll explain the A1 thesis in full. I hope you’ll follow along.
FIRST: Why am I DCAing into $PEPE , and why is $PEPE worth adding to your spot portfolio?
First reason: memecoins will always exist. Interest in memecoins will never fade or die down (there will always be new players).
In 2021, we saw $DOGE and $SHIB. Today, I’m choosing $PEPE because it’s considered a relatively new memecoin—and it even reached a new ATH last year.
Why is $PEPE still interesting right now? You can take a look at the PEPE 1W chart. DCA area: 0.0000041–0.0000036.
Keep in mind: MM, or big players, don’t buy today and sell next week. They play the long-term view.
SECOND REASON: Whales are accumulating large amounts of PEPE, including one from @coinbase, with $5.7M in a single wallet.
You can check the wallet here: arkm.com/explorer/addre…
And there’s another wallet: a BIG WHALE holding $3.4M. But besides PEPE, they also hold $ONDO and $LINK, so it’s not just PEPE.
You can check the wallet here: arkm.com/explorer/addre…
ADDITIONAL GOOD NEWS:
Canary (@CanaryFunds) just updated its Spot PEPE ETF filing. Interestingly, a few months ago, a memecoin-based ETF might still have sounded irrelevant.
But now? Hehe. Products like this are starting to show up on the radar of institutional markets.
Pretty amazing, right? A token with a green frog logo can make it into institutional markets.
So, if you’re interested in adding one memecoin to your portfolio, PEPE might be an interesting choice. 🐸