Dogecoin

Memetic / PepeCoin

Shiba Inu

<p><em><strong>A surge in whale activity within the Pepe coin community has driven its price even higher. Analysts suggest there’s still potential for another 25% rally in the PEPE price, indicating that the momentum may continue.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>Pepe coin (PEPE) has played a significant role in the recent surge of memecoin excitement in the market. In the past week alone, the price of Pepe Coin (PEPE) has skyrocketed by an impressive 263%. Within the last 24 hours, <a href="https://cryptosheadlines.com/crypto-analyst-predicts-pepe-pepe-surge-in-memecoin-momentum/" rel="noopener noreferrer nofollow">PEPE has surged</a> by 40%, reaching a current trading price of $0.000004366. Moreover, its daily trading volume has soared by 200% to $2.31 billion.</p><h3 id="pepe-coin-factors-behind-market-surge">Pepe Coin: Factors Behind Market Surge</h3><p><a href="https://cryptosheadlines.com/wazirx-joins-binance-in-listing-pepe-coin-coindcx-denied/" rel="noopener noreferrer nofollow">Pepe coin</a>, an Ethereum-based memecoin with a frog theme, has recently emerged as one of the leading altcoins in the market.</p><p>The remarkable increase in PEPE’s market value can be attributed to a combination of fundamental factors and technical considerations. A significant turning point occurred with the introduction of a special offer by Binance aimed at encouraging the acquisition and retention of PEPE.</p><p>This initiative <a href="https://cryptosheadlines.com/berenberg-microstrategy-shares-provide-enhanced-crypto-exposure-compared-to-coinbase/" rel="noopener noreferrer nofollow">provided investors with complimentary tokens and enhanced</a> returns, effectively endorsing PEPE by Binance and attracting additional investor attention. As a result, <a href="https://cryptosheadlines.com/pepe-coin-surpasses-btc-and-eth-in-trading-volume-8m-worth-locked/" rel="noopener noreferrer nofollow">PEPE’s trading volume</a> experienced a notable boost, while investor confidence in the coin was further solidified. This strategic move played a significant role in driving PEPE’s overall market performance.</p><h3 id="whale-moves-spark-surge-in-pepe-coin-on-cryptocurrency-exchanges">Whale Moves Spark Surge in Pepe Coin on Cryptocurrency Exchanges</h3><p>According to Lookonchain, a blockchain analytics platform, significant activity was observed from a whale on one of the world’s largest cryptocurrency exchanges, involving the deposit of nearly 2 trillion PEPE tokens.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>The whale’s accumulation journey commenced on June 7, 2023, when Pepe Coin was trading at $0.000001054. Over the course of six months, from June to December of that year, the address amassed a staggering 1.97 trillion Pepe tokens.</p><p><a href="https://cryptosheadlines.com/matic-mixed-signals-on-reaching-2023-high/" rel="noopener noreferrer nofollow">Also Read:   MATIC: Mixed Signals on Reaching 2023 High</a></p><p>Approximately two months following this extensive buying spree, the whale deposited its entire PEPE holdings, valued at approximately $6.07 million, to Binance. According to the blockchain analytics platform, the whale realized a profit exceeding $3.49 million within a matter of hours.</p><blockquote>A smart whale deposited all 1.97T <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a>($6.07M) to <a href="https://twitter.com/hashtag/Binance?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> and made a profit of $3.49M.Then he changed his position from <a href="https://twitter.com/search?q&#61;%24PEPE&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$PEPE</a> to <a href="https://twitter.com/search?q&#61;%24SHIB&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a>, withdrawing 75.9B <a href="https://twitter.com/search?q&#61;%24SHIB&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$SHIB</a>($893K) from <a href="https://twitter.com/hashtag/Binance?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> 3 hours ago.<a href="https://t.co/X67O2VjR1y" rel="noopener noreferrer nofollow">https://t.co/X67O2VjR1y</a> <a href="https://t.co/nL7rRDZCXT" rel="noopener noreferrer nofollow">pic.twitter.com/nL7rRDZCXT</a>— Lookonchain (&#64;lookonchain) <a href="https://twitter.com/lookonchain/status/1763039924948005139?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">February 29, 2024</a></blockquote><h3 id="pepe-coin-enters-price-discovery-phase-potential-upside-ahead">Pepe Coin Enters Price Discovery Phase, Potential Upside Ahead</h3><p>Amid its recent breakout above $0.000003537, Pepe coin has entered a price discovery phase, indicating the potential for further upside from current levels.</p><p>The Relative Strength Index (RSI) is hovering close to average levels but has consistently remained above, suggesting ongoing <a href="https://cryptosheadlines.com/near-token-surges-18-in-24-hours-bulls-dominate/" rel="noopener noreferrer nofollow">dominance by the bulls</a>. This indicates that <a href="https://cryptosheadlines.com/bullish-momentum-in-chainlink-impressive-gains-predicted/" rel="noopener noreferrer nofollow">bullish momentum</a> remains robust and may soon manifest itself in further price increases.</p><p>With the expected next bullish surge, Pepe Coin (PEPE) price is likely to reach new highs along the upper resistance of the pattern, potentially surpassing $0.0000055.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Pepe Coin (PEPE) Skyrockets by 260% in Just One Week; Will the Momentum Continue?

Table of Contents

CryptosHeadlines.com

Other articles published on Mar 2, 2024

SatoshiVM Ushers in a New Era with Alpha Mainnet Launch

Ripple CTO Alerts on Crucial XRPL Upgrade

Today’s Crypto Market: Bitcoin Reaches $62K, Ethereum Climbs Over $3400, Furrever Token Gains Att...

Galaxy Digital CEO Predicts Bitcoin May Decline to $55K Soon

March’s Best Choice: NuggetRush, Render, and Hedera

New and Best Meme Coins To Buy Friday, March 2 – ElmoERC, Solama, MongCoin, Smog

Join our free newsletter for daily crypto updates!