Large holding investors in the Pepe (Pepe) ecosystem have been busy in the last 24 hours, trading 11.75 trillion Pepes. This transactional insanity had a positive impact on Pepe’s price outlook in the crypto market.
As whale activity surged, $160 million worth of Pepe has moved
This represents a surge in volumes of 45% over the period, with Fiat currency exceeding $160 million.
In the past seven days, Pepe whales have been engaged in large-scale transactions, reaching 18.48 trillion Pepe and 7.92 trillion Pepe per week, according to data from Intotheblock.
This development suggests that Pepe whales are becoming more active, and accumulation may be intensifying or driving funds. Regardless of the reason, these large transaction volumes remain important as they often suggest a price shift.
So far, Pepe’s prices in the Crypto market indicate that whales are in accumulating mood, as prices have recorded substantial increases. As of press time, Pepe had risen 6.01% to $0.00001376.
Memecoin had peaked at $0.00001444 before making a minor correction. However, investors remain active as trading volumes rose 18.39% to 18.39% to $1.45 billion within this period.
Market participants are keeping up with the whale activity and are determined to make a profit from the current price movement.
Pepe: $0.000015 or $0.00002 reach?
In the wider crypto space, meme coins are gathering, and Pepe is leading the price rise. In contrast, Dogecoin (Doge) rose only 1.24%, while Shiba Inu (Shib) achieved a mild 0.29% at press time.
As Pepe whales accumulate, large spills from various exchanges, including Binance, were witnessed. This suggests that the whales intend to hold it for a while.
This will help you keep momentum going and push the price up to $0.000015 or $0.00002 if you’re buying pressure.
