Pepe Coin has seen a significant price surge in the past month, becoming a top gainer among meme coins. Whale investors have accumulated $1.14 billion worth of PEPE, signaling strong confidence. Analysts predict an upward breakout could be imminent for this frog-themed cryptocurrency.
💰 Whale Activity Boosts Market Confidence
Crypto whales have added $1.14 billion in PEPE holdings, with wallets holding over $10 million surging by 147.81% in the last month. While smaller investors ($1–$10 holdings) dropped by 29.69%, wallets holding $1M–$10M grew by an impressive 119.91%. This redistribution highlights shifting dynamics, with institutional interest increasing.
📈 160% Price Breakout on the Horizon
Technical analysis reveals a bullish “cup and handle” pattern on PEPE’s chart, often associated with strong upward trends. A breakout from a consolidating wedge pattern suggests a potential rally, with analysts eyeing a 160% price increase.
🚀 All-Time High Achieved; More Gains Ahead?
PEPE recently hit an ATH of $0.00002748, reflecting a 10% daily surge. If bullish momentum continues, the token could break $0.00003 and aim for $0.00005. However, if bears regain control, PEPE may drop to its $0.00002 support level.
⚠️ Key Resistance Levels Critical
Pepe Coin’s recent growth, driven by whale activity and bullish patterns, hints at further gains. Breaking resistance levels remains crucial for sustaining momentum and reaching new heights.
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