Pepe's price could experience a "super bullish breakout," according to analysts. This week, Pepe's price has surged alongside Bitcoin's recovery, which climbed from a low of $53,700 to over $65,000. The Pepe token hit a low of $0.00000767 on July 5 but has since increased by 57%, reaching $0.000012 on Thursday—its highest level since June 28.click here for BONK reward https://s.binance.com/7bqmBtiP 🎁😁

Analysts are optimistic about Pepe's price trajectory, noting it has become the most actively traded meme coin. Data shows Pepe's trading volume soared to over $1.2 billion on Thursday, surpassing Dogecoin's $734 million and Shiba Inu's $814 million. Coinglass data also reveals that open interest in Pepe futures has reached its highest level since June 7, totaling $148 million, primarily on OKX and Bitget. Open interest can be a strong indicator of future cryptocurrency price movements.

Additionally, some large investors, known as whales, are buying Pepe, which signals confidence in its potential rebound. One whale purchased 1.39 trillion Pepe tokens valued at $16.7 million on Thursday, while others acquired 44.9 billion and 28.3 billion tokens this week. Whale accumulation is often seen as a positive sign for a cryptocurrency. Another analyst noted that Pepe is on the verge of a "super bullish breakout."

Meanwhile, predictions for Bitcoin's price are also bullish. In a social media post, Ki Young Ju pointed out that stablecoin inflows have increased, pushing their market caps to a record high of over $135 billion. The growth of stablecoins is a positive indicator since they are often used to purchase cryptocurrencies. Another analyst previously predicted that Bitcoin's price could rise to $220,000, citing the nearing end of Bitcoin miner capitulation that has occurred over the past few weeks.

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