$PEPE
PEPE's price is displaying new strength as massive investors, or "whales," have stepped up their accumulation, following the wave of Ethereum's recent boom.
In the last few days, whale wallets have been consistently adding PEPE to their bags, indicating fresh confidence in the meme coin's upside. The strategic buying binge is in line with ETH's rally, which has lifted overall market mood and liquidity within the altcoin market.
Traders are following this trend closely, as whale action is usually a precursor to significant price action. With Ethereum setting the pace and general risk appetite strengthening, PEPE is capturing the attention of retail and institutional traders alike, and this could be the catalyst for a new bull cycle. But volatility cannot be ruled out, and market players are encouraged to monitor critical support and resistance levels.
If the trend of accumulation persists, PEPE may experience further short to mid-term momentum as more speculative traders become attracted to it.