PEPE Token Surges 3.34% Amid $6.43M Whale Move and $1.1B Trading Volume Spike

PEPEUSDT experienced a 3.34% price increase over the last 24 hours, with the current price at $0.00001113 according to Binance. The price movement followed significant on-chain activity, including a transfer of 609 billion PEPE tokens valued at $6.43 million and a $6.55 million deposit to a centralized exchange, occurring amid heightened market caution due to geopolitical tensions involving Israel and Iran. Despite a 12% decline earlier in the day, technical analysis indicated a bullish continuation pattern, suggesting potential for recovery. Recent news highlighted strong community backing, whale accumulation, and the emergence of new projects under the Pepe brand, all contributing to heightened trading activity and volatility. PEPE maintains a substantial market presence, with a 24-hour trading volume exceeding $1.1 billion and a market capitalization near $4.7 billion, reflecting ongoing investor interest and active trading typical of meme coins.