🐸 What is the Pepe Coin?
The Pepe Coin is a meme coin based on the famous character "Pepe the Frog," launched in April 2023 on the Ethereum network without an official ICO or known team. It was designed as a purely entertainment project, with partial burn mechanisms and community support, reaching a market value of around $4–5 billion at peak periods.
1. Whale Activity and Rise in Futures
The last few hours have seen a 73% jump in large transactions worth $141.8 million, and an increase in "open interest," indicating a potential bullish reversal.
While other analyses show expectations of a drop to ~0.000009 dollars by June 21, if prices do not stabilize near the support around ~0.000010–0.0000115 dollars.
2. Price Volatility and Trading Volume
The value of PEPE is currently declining by about 3–6% during the day, and 14% during the week, but it still maintains a massive daily trading volume of around $1.2 billion.
The price today is estimated at around 0.000010–0.000011 dollars, with a market cap of approximately $4.5 billion.
Current Price ~0.000010–0.000011 dollars
Daily Trading Volume ≈ 1.2 billion dollars
Influential Events High whale activity, rise in futures, fluctuations between resistance and support
Forecasts – Potential bullish scenario if support at 0.000010–0.000011 is confirmed;<br>– Bearish scenario if it breaks below 0.000009 #VietnamCryptoPolicy #BinanceAlphaAlert #PEPE #BTC☀️