Pepe

Uniswap

Wednesday

Rise

<p>The post <a rel="noopener noreferrer nofollow" href="https://coinpedia.org/price-analysis/pepe-price-analysis-whales-amp-up-pepe-holdings-as-price-and-trading-volume-surge/">PEPE Price Analysis: Whales Amp Up PEPE Holdings as Price and Trading Volume Surge</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>After trading successfully on several exchanges in the past three months, digital asset Pepe (PEPE) has maintained the third-largest meme coin by trading volume and market valuation. The Ethereum-based meme coin has seen its liquidity steadily improve on various decentralized financial platforms like Uniswap. </p> 
<p>According to market aggregate data provided by dex screener, Pepe has a liquidity of about $6.5 million on Uniswap V3 via WETH. Additionally, the meme coin had total liquidity of approximately $4.2 million via Uniswap V3 with MATIC token.</p> 
<p>As a result of the significant Pepe liquidity, crypto whales have shown increased interest in the meme coin.</p> 
<h2 id="pepe-pepe-interest-on-the-rise" data-name="pepe-pepe-interest-on-the-rise" class="wp-block-heading">Pepe (PEPE) Interest on the Rise</h2> 
<p>As the altcoin market continues to exude a more bullish outlook amid Bitcoin price recovery, Pepe coin has attracted significant attention from investors. According to on-chain data provided by Lookonchain, a crypto whale converted $1 million worth of USDT into PEPE on Wednesday as the price gained about 3.3 percent.&nbsp;</p> 
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   <p lang="en" dir="ltr">A whale spent 1M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> to buy 807B <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> at $0.000001239 7 hrs ago after the price of <a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> increased.<a href="https://t.co/P03KsDrzFi" rel="noopener noreferrer nofollow">https://t.co/P03KsDrzFi</a> <a href="https://t.co/0hjW6ewDjp" rel="noopener noreferrer nofollow">pic.twitter.com/0hjW6ewDjp</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1689098811057315840?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 9, 2023</a> 
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<p>Notably, Pepe token’s daily traded volume increased by about 10 percent in the past 24 hours to approximately $163 million. Essentially, an increase in traded volume is perceived as heightened demand, which is often followed by price gains.</p> 
<h2 id="pepe-price-analysis" data-name="pepe-price-analysis" class="wp-block-heading">Pepe Price Analysis</h2> 
<p>Pepe price rebounded from a crucial support/resistance level in the last two days. According to a respected trader and analyst Crypto Tony, Pepe price could continue in a bullish recovery in the coming days if the support level around $0.0000011 holds.</p> 
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USD</a> – Update <br><br>The daily following yesterdays close remains in a good stance right now, so i am looking for some more <a href="https://twitter.com/hashtag/Memecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Memecoin</a> exposure while we remain above that low <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4af.png" alt="💯" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/QcfWBiK9Bk" rel="noopener noreferrer nofollow">pic.twitter.com/QcfWBiK9Bk</a></p>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1689334728300572672?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">August 9, 2023</a> 
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PEPE Price Analysis: Whales Amp Up PEPE Holdings as Price and Trading Volume Surge

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