$BTC
🚀 Factors Driving the Increase of PEPE
Listings on futures platforms: The inclusion of PEPE in futures markets, such as perpetual contracts on Coinbase, has increased its liquidity and exposure, attracting more investors and speculators.
Significant token burn: The burning of approximately 6.9 trillion PEPE tokens, valued at $5.5 million, has reduced the circulating supply, generating a deflationary effect that has driven the price.
Whale and institutional investor activity: Large investors have accumulated PEPE, with significant token movements to private wallets, indicating confidence in the token's long-term potential.