Pepe Coin Price Prediction As Whales’ Buying Spree Sets $0.00001 Target in Sight

Pepe Coin Price Analysis: For over a week, the Bitcoin price has wavered around the $60000 level accelerating uncertainty among market participants. As a result, the altcoin market lacked the momentum to drive a sustainable recovery with many showing a sideways action. Pepe, the Frog-themed memecoin has been trading since May 4th, resonating between two horizontal levels of $0.00000913 and $0.0000078. The Pepe coin has been rallied to a steady recovery since mid-April as the price rebounded from $0.00000393. The positive upswing surges the coin value by 124% within a month to reach the current trading price of $0.00000881.In daily charts, this rally offering higher highs and lows formation indicates the buyers are actively accumulating this asset at dips, which is a key sign of the established rally. A recent update from Spot On Chain highlighted a significant transaction by the trader known as Oxa14, who strategically withdrew 350.2B PEPE tokens worth $2.92 million from Binance during a market dip. This move is part of Oxa14’s successful trading strategy, which has yielded a 100% win rate and an estimated $2.59 million in profits from PEPE trades. Currently, Oxa14 holds 660B PEPE tokens, valued at approximately $5.74 million

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