Pepe PEPE/USD is in a consolidation period, but traders remain optimistic given increasing retail demand and transaction volumes.

What Happened:  Revolut, the U.K.’s leading finance and crypto app, has seen a significant shift in its customers’ cryptocurrency holdings, with Pepe now surpassing Ethereum ETH/USD in terms of total holdings.

The data shared by cryptocurrency trader degenharambe, citing the company’s wallet, reveals that PEPE holdings of Revolut customers have increased by 309%, a 1,700% increase in dollar value since the beginning of the year (2.73 trillion PEPE coins worth $3.55 million) until now (8.46 million PEPE coins worth $61 million).

Shiba Inu SHIB/USD holdings…

Read more on Benzinga