Chinese power in Dubai and NFT community drive early growth of PEPE

Milady NFT holders are among the early buyers driving the growth of the PEPE cryptocurrency. By analyzing the holding addresses of a large number of PEPE, it has become apparent that many early buyers hold Milady NFT. The significance of this is that one of the multisig wallets that manages 6.9% of the total PEPE supply has its earliest ETH coming from an address that holds a significant amount of Milady’s fellow project Remilio.

The NFT community and the Chinese power in Dubai joined together to buy PEPE in the early stages, which became the key driving force for the early growth of PEPE. The influence of Milady NFT holders in this growth cannot be underestimated, as they play a pivotal role in the cryptocurrency’s early success.

DMT.eth, the address that bought 0.125 ETH PEPE on the first day, holds a large amount of Milady and the same project Remilio. At present, the owner of DMT.eth has cashed out more than 6 million US dollars from his PEPE investment, and the account still has PEPE worth more than 9.7 million US dollars.

It is clear that Milady NFT holders have a significant stake in the PEPE cryptocurrency, and their presence has been a driving force in the cryptocurrency’s growth. The fact that a multisig wallet with a large amount of PEPE supply has its earliest ETH coming from an address that holds a significant amount of Milady’s fellow project Remilio is a testament to this fact.