$pepe Meme-coin:
Recent Market Activity
PEPE has seen a slight dip over the past week (~-5%), yet large holders (“whales”) have been accumulating more, increasing holdings by 2.8%. The top 100 wallets now control over 70% of circulating supply, signaling potential bullish sentiment despite recent weakness.
In the past two weeks, speculative activity surged: open interest reached record highs (~$583M), surpassing post-inauguration levels. Still, a near-even long/short ratio suggests cautious optimism.
Analysts have identified key bullish formations—like symmetrical triangles and inverse head-and-shoulders—combined with significant daily volumes (~$700M–1B) and whale engagement, hinting at possible upside.#PEPE