The Pepe Coin (PEPE) has seen a notable increase of 38% in recent days, driven by heavy buying from large investors known as "whales." This surge comes amid a new upward wave sweeping through the cryptocurrency market, as technical indicators have started to suggest the possibility of this positive momentum continuing.
According to data from trading platforms, massive transfers of PEPE coin from the wallets of large traders to exchanges have been recorded, indicating their readiness to take profits or expand their trading.
But does this mean that the price will continue to rise?
Experts warn against rushing, as the market remains volatile and may experience sudden corrections. Nevertheless, the increasing confidence from whales may signal a positive outlook in the near term.
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