Whale Bags 357B PEPE Suggests Further Upside Ahead
A new whale accumulated a staggering 357 billion PEPE from Binance today, fueling optimism as PEPE’s price has risen
Pepe Coin has once again attracted attention from crypto market investors as whale data emerging in the market indicates that the coin is still experiencing heavy accumulation despite its ongoing upward momentum. Combined with PEPE’s weekly gains of around 16%, this accumulation has further fueled market optimism regarding the meme coin’s potential continued upward price action in the long term. Below is a deeper dive into PEPE accumulation and current market statistics.
Another report showed that Pepecoin had accumulated a staggering $4 trillion earlier this month. Overall, the above on-chain data fuels tremendous investor optimism regarding PEPE’s future price action.
Bulls and bears currently appear to be battling for control of the coin, and the short-term outlook for PEPE is uncertain. Nonetheless, the massive accumulation paints a bullish picture for Pepecoin in the long term. Ambush potential coins in advance, click my avatar to find me. Welcome to like, follow, collect and forward.
