PEPE memecoin could surge 60% as whales make strategic moves
Pepe (PEPE) memecoin has been attracting renewed attention thanks to rising whale interest and a technical pattern that suggests a strong uptrend.
With significant market movement, the memecoin is positioning itself as one of the most promising bets for investors looking for short-term upside opportunities.
A notable move recorded by transaction tracker TheDataNerd revealed that a whale acquired 309.6 billion PEPE tokens. The mega investor paid US$$ 6.42 million directly on the KuCoin exchange. This strategic purchase occurred at a time when the asset broke out of a bullish flag and pole technical pattern.
This behavior indicates confidence on the part of large investors in the growth potential of PEPE. Historically, whales avoid acquiring tokens near all-time high levels. However, the increasing transaction volume suggests renewed optimism regarding the memecoin.
