$PEPE #CryptoScamSurge

The Pepe (PEPE) currency has experienced notable volatility recently, dropping around 5% to 6% over the last 24 hours, registering approximately $0.00001210 to $0.00001250, while it is widely traded on platforms like Binance, KuCoin, and OKX.

However, analyses indicated an increase in whale accumulation and a decrease in the exchange reserves of the currency, showing renewed interest from large traders and a shift towards a potential buying pattern.

Some reports also highlighted a consolidation in the chart pattern, such as the formation of a “Golden Cross” between the moving averages, with technicians identifying a resistance target at $0.00001633, and if breached, it may open the door to higher levels like $0.00002080.

Overall, PEPE remains a focal point within the meme coin sector despite a slowdown in market interaction, and some anticipate the possibility of a rebound if major investors continue to cover their positions.