PEPE Surges 17% Weekly as Whale Moves $6.14M, Transaction Volume Jumps 25%

In the past 24 hours, PEPE has experienced heightened trading activity and price volatility, primarily driven by significant whale movements and ongoing strong market momentum. A major whale transferred 500 billion PEPE tokens (valued at approximately $6.14 million) to Binance, while retaining 1.5 trillion tokens, prompting a notable increase in transaction volume and market attention.

The current price of PEPE stands at approximately $0.000013, reflecting a 24-hour increase of $0.0000029. Trading volume reached about $573 million, with the market capitalization at $5.67 billion and a circulating supply of 420.69 trillion tokens. Over the past week, the price has risen by 17.72%, and by 106.4% over the past month, positioning PEPE as the 22nd largest cryptocurrency by market cap. The recent price movement is closely linked to the whale transfer, which led to a 25% spike in transaction volume and a short-term shift in technical indicators, such as a bearish MACD crossover and a neutral RSI of 52. While technical forecasts suggest a mixed short-term outlook, the immediate price action has been dominated by large holder activity, with broader market strength providing additional background support.