Let's see, let's see, what's happening with the most famous little frog in the crypto world! 🐸
Watch out for this! Although the crypto market has been rising, the PEPE coin had been somewhat stagnant. But suddenly, BOOM! 💥 Its transaction volume skyrocketed in 24 hours, going from $500 million to over $1 billion! 🤑 It's as if people had agreed to buy it at the same time.
Analysts are seeing a pattern in the chart that they call a "bullish pennant". 🚩
This is like a smoke signal indicating that a massive price increase is on the way, and they are comparing the current moment to what happened in November 2023, when PEPE jumped by 225% in just two weeks. Can you imagine!
Now, if things repeat and PEPE manages to break the resistance of $0.00002300, it could skyrocket to a 790% gain. 🤯 It's a number that makes you think about buying a new car, a house, or at least a good meal... all with a little coin that started as a meme.
And to top it off, the "whales" (the giant investors) are buying back in. A legendary trader, who had been missing, returned to invest $2 million in PEPE. And the 80 largest wallets of PEPE keep buying. This is a clear signal that those who know the most and have the most money are betting big.
Will the little frog jump again and bring joy to all of us? Or is it a trap for small investors to fall into? The question here is: do you dare to bet on the frog's jump or would you rather watch as it moves away? 🤔$PEPE
