🐸💥 $PEPE Price Set to Explode 60%, Whale Acquires 310 Billion Tokens

🐸 PEPE Gains Momentum
Pepe (PEPE), the third-largest meme coin, is making headlines with its strong price action, whale interest, and bullish market sentiment. These factors hint at a potential rally for the token.

💰 Whale Buys 310 Billion PEPE Tokens
On November 22, 2024, a whale acquired 309.6 billion PEPE tokens worth $6.42 million from KuCoin, according to TheDataNerd. This purchase came as PEPE broke out of a bullish price pattern, signaling confidence in its future price appreciation. Whale interest has surged, with large transaction volumes increasing by 41.06% in the past 24 hours.

📈 Technical Analysis: Targeting New Highs
PEPE has broken out of a bullish flag and pole pattern, aiming for a new all-time high (ATH). If it closes above $0.000022, it could rally 60% to $0.000035. Trading above the 200 EMA indicates an uptrend, while the RSI suggests room for further price growth.

🔻 Current Price Action
Despite the bullish outlook, PEPE is trading near $0.000020, down 4% in the past 24 hours. Trading volume has also dropped 2.38%, reflecting reduced activity compared to the previous day. However, market sentiment and whale participation suggest potential for a strong rebound.