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The PEPE digital currency is currently witnessing a notable increase in its value, reflecting a growing interest from investors in the cryptocurrency market.
As of today, May 12, 2025, the price of PEPE ranges between $0.000012 and $0.000015, with a daily trading volume exceeding $3 billion. This represents an increase of over 50% over the past week, as the market capitalization of the currency reached between $5.1 and $6.2 billion, placing it among the top 30 cryptocurrencies by market capitalization.
Among the factors that contributed to this increase:
• Whale accumulation: The currency has seen increased interest from major investors, as large amounts of PEPE were withdrawn from trading platforms such as Binance, indicating an intention to hold it for the long term.
• Positive technical analysis: Technical indicators suggest a strong upward trend, with expectations of an additional increase of up to 60% if the “cup and handle” pattern is confirmed in the charts.
• Overall market momentum: The cryptocurrency market, in general, is benefiting from a wave of optimism, especially with Bitcoin approaching its all-time highs, boosting the performance of meme coins like PEPE.