📈 PEPE Coin Hits New Price Record PEPE coin experienced a sharp rise on Monday, outperforming other altcoins during a period of market stability. The price of the leading meme token rose by more than 15% to an unprecedented high of $0.00001128.
🔸 PEPE's upward momentum PEPE coin's upward trajectory is supported by a trendline on the daily chart. The dynamic support climbed from $0.00000393 to $0.00001096 in a month, an increase of 178.85%. This week, PEPE broke through the previous high of $0.00001084 and hit a new high of $0.00001128. However, a more sustained rise may require a daily close above the breakout level. In addition, the analysis company SpotOnChain pointed out that whales also took profits significantly after PEPE's record surge. The first PEPE holder (wallet address 0x647) deposited 250 billion PEPE tokens ($2.69 million) to Binance. The investor still holds 42.4 billion PEPE, worth $424,000, and realized a profit of $3.96 million, an increase of 8,833% from the initial investment.
🔸 PEPE Whale Activity Another prominent whale associated with the 0xa4f wallet moved 123.7 billion PEPE, exchanging it for $1.31 million in USDC, making a 20.5% profit of $223,000 in three days. Such significant transactions indicate that investors may expect larger price movements or possible corrections in PEPE. If overall supply constraints rise further, the support trend line will be critical for buyers aiming to maintain the recovery trend. 🔺 Key Takeaways for Investors – The price of PEPE Coin reached an all-time high of $0.00001128. – Profit-taking activity by whales may be a sign of upcoming market trends. – Support trendline is critical to sustain PEPE’s upward momentum. As the cryptocurrency market develops, investors should pay close attention to PEPE’s price action and whale activity to make informed decisions. $PEPE #pepe新高
