$PEPE Coin (PEPE) experienced a significant surge yesterday, driven by several key factors:

1. Whale Accumulation: Large investors, known as "whales," have been actively purchasing PEPE. Notably, a crypto whale withdrew 2 trillion PEPE coins from Binance over the past week, signaling strong confidence in the token's potential.

2. Technical Breakout: PEPE's price formed a bullish "cup and handle" pattern, a technical indicator suggesting a potential upward breakout. This pattern, combined with increased trading volumes, has fueled positive market sentiment.

3. Bitcoin's Rally: The broader cryptocurrency market received a boost as Bitcoin surpassed the $100,000 mark. This milestone has positively influenced altcoins like PEPE, contributing to its price increase.

4. Market Momentum: The overall bullish trend in the crypto market has led to increased investor interest in meme coins, with PEPE benefiting from this renewed enthusiasm.