$PEPE

* Whale Accumulation: On-chain data indicates an increasing accumulation of PEPE by whales. This means that large investors are buying more PEPE, reflecting their potential confidence in the currency's future. This accumulation has led to a recovery of PEPE from previous levels.

* Bullish Momentum: PEPE has shown some bullish signs in the last days of August, having bounced back from important support levels. This rebound is partly due to improved funding rates that have boosted trader and investor sentiment.

* Community Interest: PEPE still enjoys a large fan base with over 445,000 unique holders, indicating that the meme still resonates strongly among investors. This community support is often an important factor for the future of meme coins.

Risks and Warnings

Despite the cautious optimism, there are significant risks associated with investing in PEPE that are recognized by whales and savvy investors: