PEPE Token Surges 4.57% Amid Whale Accumulation and High Trading Volumes on Binance

PEPEUSDT is currently trading at $0.00001259 on Binance, reflecting a 4.57% increase over the last 24 hours from a 24h open of $0.00001204. The recent price rise is attributed to renewed whale accumulation, including a notable deposit of 1 trillion PEPE (valued at $11.65 million) to Binance on June 9, 2025, and ongoing high trading volumes, which have remained significant since late May. Social media activity, particularly influential posts and trending hashtags, has further contributed to heightened trader interest and market momentum. Technical indicators and analyst forecasts suggest continued volatility, with market sentiment remaining bullish despite a slight decline. Overall, PEPE maintains strong trading activity and elevated investor attention, driven primarily by sentiment and speculative trading rather than fundamental developments.