**Meme Coin Market Surge: Pepe Coin Leads the Way**
**#PEPE Coin's Daily Trading Volume Exceeds $1.75 Billion**
PEPE is currently priced around $0.00001157, marking an 18.8% increase over the past 24 hours and continuing its upward trend from last week. According to CoinMarketCap, its daily trading volume has soared to $1.75 billion, more than double that of WIF. With a market capitalization surpassing $4.81 billion, Pepe Coin is now the third-largest meme cryptocurrency, following Dogecoin (DOGE) and Shiba Inu (SHIB).
Recent reports revealed that whale investors moved 9 trillion PEPE tokens, worth nearly $82 million, from an undisclosed wallet to Bybit exchange. Despite this large transfer, PEPE has continued to perform strongly. Notably, whale wallet 0x3737 holds a significant amount of PEPE, with 3.58 trillion tokens valued at $30.87 million, having made over $30 million in profits.
These developments suggest strong momentum for PEPE in the current market. Increased trading volumes and substantial whale activity reflect growing interest and confidence in the coin. PEPE's rising trend might challenge the dominance of larger meme tokens like DOGE and SHIB. Monitoring whale movements and trading volumes will be crucial for predicting PEPE’s future trajectory in the meme coin market.
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