Pepe Coin whales continue to accumulate tokens in large quantities, indicating that market pressure for PEPE to rise 7 times will increase in the future.
During the bull market cycle, Pepe Coin whales have been continuously accumulating the frog-themed meme token, creating a wave of optimism among global investors. On Wednesday, on-chain data showed that whales continued to hold the meme token, having accumulated 33.709 billion PEPE to date. Meanwhile, other data indicates a growing interest in this asset, with market enthusiasts in the cryptocurrency space still anticipating a potential 7x surge.
Pepe Coin whales' accumulation momentum is strong, and the cryptocurrency market is bullish.
According to data from Lookonchain, Pepe Coin whales continue to accumulate the frog-themed meme token, indicating increased market interest. Notably, wallet address 0x160…b5B purchased 33.709 billion PEPE from Binance in the past 20 days, worth $6.92 million. This large-scale accumulation, in turn, brings an optimistic wave to the token, marking a rise in buying pressure.
At the same time, Etherscan data shows that the number of holders of this asset has gradually increased as of the report time. According to the data, nearly 334,000 addresses hold Pepe Coin, triggering optimism against the backdrop of a bullish cryptocurrency market in the fourth quarter.
Moreover, it is worth mentioning that this top meme token has recently been hosted on Coinbase Prime. This enhanced issuance further paves the way for capital inflow into the token, attracting a wide range of investors. At the same time, the ongoing bull market for frog-themed meme cryptocurrency reflects bullish market sentiment following increased buying volume and enhanced issuance.
Will PEPE price soar 7 times?
As of the time of writing, the PEPE price has risen nearly 0.5%, trading at $0.00002065. Its intraday low and high were $0.00001908 and $0.00002104, respectively. Additionally, the weekly and monthly charts for this token show increases of 12% and 154%, respectively. In summary, the bullish trajectory and subsequent increase in buying volume have solidified investor optimism for further rises in the meme token.
Interestingly, recent price analysis by CoinGape indicates that this meme coin may rise further by 7 times, significantly expanding its gains. This bullish analysis is also attributed to the accumulation by Pepe Coin whales, which reportedly have increased their holdings by over 100 trillion.
Overall, the above data paints a highly bullish outlook for the frog-themed meme token, indicating that as market interest continues to grow, the token may rise further. Market observers continue to monitor this token, primarily reflecting bullish sentiment regarding future trends.
Pepe Coin whales continue to accumulate tokens in large quantities, indicating that market pressure for PEPE to rise 7 times will increase in the future.
During the bull market cycle, Pepe Coin whales have been continuously accumulating the frog-themed meme token, creating a wave of optimism among global investors. On Wednesday, on-chain data showed that whales continued to hold the meme token, having accumulated 33.709 billion PEPE to date. Meanwhile, other data indicates a growing interest in this asset, with market enthusiasts in the cryptocurrency space still anticipating a potential 7x surge.
Pepe Coin whales' accumulation momentum is strong, and the cryptocurrency market is bullish.
According to data from Lookonchain, Pepe Coin whales continue to accumulate the frog-themed meme token, indicating increased market interest. Notably, wallet address 0x160…b5B purchased 33.709 billion PEPE from Binance in the past 20 days, worth $6.92 million. This large-scale accumulation, in turn, brings an optimistic wave to the token, marking a rise in buying pressure.
At the same time, Etherscan data shows that the number of holders of this asset has gradually increased as of the report time. According to the data, nearly 334,000 addresses hold Pepe Coin, triggering optimism against the backdrop of a bullish cryptocurrency market in the fourth quarter.
Moreover, it is worth mentioning that this top meme token has recently been hosted on Coinbase Prime. This enhanced issuance further paves the way for capital inflow into the token, attracting a wide range of investors. At the same time, the ongoing bull market for frog-themed meme cryptocurrency reflects bullish market sentiment following increased buying volume and enhanced issuance.
Will PEPE price soar 7 times?
As of the time of writing, the PEPE price has risen nearly 0.5%, trading at $0.00002065. Its intraday low and high were $0.00001908 and $0.00002104, respectively. Additionally, the weekly and monthly charts for this token show increases of 12% and 154%, respectively. In summary, the bullish trajectory and subsequent increase in buying volume have solidified investor optimism for further rises in the meme token.
Interestingly, recent price analysis by CoinGape indicates that this meme coin may rise further by 7 times, significantly expanding its gains. This bullish analysis is also attributed to the accumulation by Pepe Coin whales, which reportedly have increased their holdings by over 100 trillion.
Overall, the above data paints a highly bullish outlook for the frog-themed meme token, indicating that as market interest continues to grow, the token may rise further. Market observers continue to monitor this token, primarily reflecting bullish sentiment regarding future trends.
