$PEPE Whale-Backed PEPE Coin’s Price Jumps 50%: What’s Next?

PEPE price has escaped the descending wedge it was stuck in for the past month, looking at a potential 60% rally.

Whale accumulation seems to be driving the rally, with more than 3.3 trillion PEPE added in the last two weeks.

Over $600 million worth of PEPE is at the cusp of turning profitable, which would boost the rally.

PEPE price has seen a more than 50% rise in the span of a week and is seemingly going to continue this rally.

The meme coin has also received support from its whales, and this chunk of PEPE supply could be just the boost it needs.