In recent days, there has been significant movement from large investors, known as "whales", who have acquired large quantities of PEPE. For example, an investor withdrew 2 trillion PEPE tokens from Binance, totaling approximately $17.42 million. This type of movement is often interpreted as a sign of confidence in the asset, encouraging other investors to follow suit.
Bullish Technical Patterns
Graphical analyses indicate that PEPE has broken through technical patterns considered bullish, such as the "cup and handle" and the "falling wedge". These breakouts suggest a possible trend reversal and indicate that the price may continue to rise, with targets near $0.00001050.
