$PEPE
Driven by Crypto Whales, PEPE meme coin soars in a week.
Meme coin $PEPE has outperformed meme tokens such as Dogecoin $DOGE and Shiba Inu $SHIB amid the rise in the crypto market.
In the past week, the price of the cryptocurrency inspired by the PEPE meme has soared.
This extraordinary amount is due to the active participation of crypto whales, a nickname for investors holding large amounts of Bitcoin and other crypto assets, who have shown significant interest in the growth of digital assets.
Crypto has risen in 48 hours, according to Santiment, a well-known on-chain analytics firm.
The increase in crypto whales transactions and increasing network volume marks an increase in activity in the last six weeks. PEPE Coin has outperformed meme tokens such as DOGECOIN and SHIBA INU amidst the crypto market recovery.
PEPE, which was released on April 17, 2023, is a meme coin that takes inspiration from the popular meme and cartoon character Pepe the Frog.
The PEPE market has grown rapidly despite concerns about possible contract changes, such as changes to transaction taxes and blacklist functions.
After being listed on several centralized exchanges, this digital asset has entered the top 100 cryptocurrencies.
