๐ Recent Market Activity
Whale Movements: On May 27, a significant transaction of 2 trillion PEPE tokens (~$27.9M) was moved from Bybit to an unknown wallet, sparking speculation about whale accumulation.
Price Volatility: PEPE experienced a sharp 11% drop in the last 24 hours, attributed to a $6.5M deposit by a major holder on Binance, leading to sell-off concerns.
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๐ Technical Outlook
Chart Patterns: PEPE is forming an ascending triangle, indicating a potential breakout. A successful breach of the $0.000015 resistance could lead to a 23% rally towards $0.000017.
Community Engagement: The PEPE community remains active, with forums and social media buzzing about the coin's potential and recent developments.
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๐ฎ Price Predictions
Short-Term: Analysts predict PEPE could reach $0.00001431 on average in 2025, with bullish scenarios targeting up to $0.00002405.
Long-Term: By 2030, forecasts suggest PEPE might trade between $0.00002241 and $0.00004500, depending on market conditions and adoption.
