PEPE Token Surges 8.5% as Whale Activity and $1.37B Volume Fuel Market Momentum

PEPEUSDT is currently trading at $0.00001248 on Binance, reflecting an 8.52% increase over the past 24 hours from a 24h open of $0.00001150. The price surge is primarily attributed to significant whale activity, including a recent transfer of approximately 1 trillion PEPE tokens to a major exchange and large-scale purchases by major holders totaling over $11 million, which have supported bullish sentiment despite broader market corrections. Additionally, recent social media engagement, such as high-profile tweets and ongoing community campaigns, has driven speculative interest and increased trading volume, with the 24-hour volume exceeding $1.37 billion and the market cap at $5.84 billion. PEPE continues to exhibit high volatility, influenced by both whale movements and retail momentum, as well as new utility developments like its adoption as a payment option on Bitnile.com.