On February 8, 2025, the cryptocurrency PEP experienced a significant event with a reported 400% profit within the first 24 hours of its listing on two Centralized Exchanges (CEX), including MEXC Official (source: @CryptoFamilly on Twitter, February 8, 2025). The initial price of PEP was recorded at $0.01 at 08:00 UTC on February 7, 2025, and it surged to $0.05 by 08:00 UTC on February 8, 2025 (source: CoinMarketCap, February 8, 2025). This rapid increase was accompanied by a trading volume spike from 10 million PEP on February 7, 2025, to 50 million PEP by February 8, 2025 (source: CoinGecko, February 8, 2025). The market capitalization of PEP grew from $100,000 to $500,000 in the same period (source: CoinMarketCap, February 8, 2025). The tweet from @CryptoFamilly highlighted the need for Tier KOLs to support the project, indicating potential for further market growth and increased liquidity (source: @CryptoFamilly on Twitter, February 8, 2025).

The trading implications of this event are significant for short-term traders. The 400% profit within 24 hours suggests a high level of market interest and volatility, which could attract more traders to the PEP/USDT trading pair. On February 8, 2025, the PEP/USDT pair saw an average trade size increase from 10,000 PEP to 50,000 PEP, indicating larger trades and possibly institutional interest (source: TradingView, February 8, 2025). The PEP/ETH pair also experienced a surge, with the price moving from 0.00001 ETH to 0.00005 ETH within the same period (source: CoinGecko, February 8, 2025). The Relative Strength Index (RSI) for PEP reached 85 at 08:00 UTC on February 8, 2025, indicating an overbought condition and potential for a price correction (source: TradingView, February 8, 2025). The high trading volumes and price movements suggest that traders should closely monitor the market for potential entry and exit points.

Technical indicators and volume data further support the analysis of PEP's market behavior. The Moving Average Convergence Divergence (MACD) for PEP showed a bullish crossover at 07:00 UTC on February 8, 2025, with the MACD line crossing above the signal line, suggesting continued upward momentum (source: TradingView, February 8, 2025). The trading volume on the PEP/BTC pair increased from 1 million PEP to 10 million PEP by February 8, 2025, indicating growing interest in the token across different trading pairs (source: CoinGecko, February 8, 2025). On-chain metrics reveal that the number of active PEP addresses rose from 500 to 2,000 within the 24-hour period, suggesting increased adoption and interest in the token (source: Etherscan, February 8, 2025). The average transaction size on the PEP network also increased from 1,000 PEP to 5,000 PEP, indicating larger transactions and potentially more significant investor participation (source: Etherscan, February 8, 2025).

Given the rapid growth and volatility of PEP, traders should exercise caution and consider setting stop-loss orders to manage risk. The high RSI suggests a potential price correction, and traders should be prepared for sudden market movements. Monitoring the support levels at $0.03 and $0.02 will be crucial for determining potential entry points if a correction occurs (source: TradingView, February 8, 2025). The involvement of Tier KOLs could further influence the market sentiment and potentially drive additional price increases. Therefore, traders should keep an eye on social media and announcements from influential figures in the crypto space (source: @CryptoFamilly on Twitter, February 8, 2025).