As Trader Makes 16K x Profit, Should You Buy PEPE?

The Pepe Coin price rose 3.5% today to $0.00001114 while the crypto market fell 0.3%.

The meme coin's rise of 41% in a week and 102% in 30 days allowed an early whale (or insider) to sell 255 billion tokens yesterday and make $2.3 million.

This whale has 3.5 trillion PEPE

PEPE set a new all-time high yesterday and a new ATH of $0.00001151 this morning, indicating steady momentum in the near and medium term.

PEPE's price remains optimistic, which would normally indicate a collapse, but we stated the same yesterday.

Still, its 30-day average (orange) is much above its 200-day average (blue), indicating a positive expansionary period.

PEPE's relative strength index (purple) approached 90 two days ago but is currently over 60.

PEPE, unlike other top-100 currencies, has exceeded its early March highs.

In recent weeks, whales have started storing and spewing PEPE, which is one explanation.

This week, famed meme-stock dealer ‘Roaring Kitty’ returned to X, raising hopes of a meme season.

The market looks to be prepared for a season like the one we witnessed after the 2021 GameStop surge, and although Roaring Kitty (actual name Keith Gill) is unlikely to do anything comparable soon, it seems.

Although PEPE has always been a favored vehicle for whales and bigger traders, it has been one of the largest benefactors.

One huge whale still has 3.5 trillion PEPE, signaling they anticipate it to rise over the medium and long term.


The Pepe Coin price should achieve a new ATH before the end of the week and continue rising.

#PEPEATH #GME #Memecoins #altcoins $PEPE