PEPE (Frog 🐸 Coin), as a meme token on the Ethereum ecosystem, has performed well in the cryptocurrency market recently. Since the approval of the Ethereum spot ETF, the price of Pepe has been rising all the way, setting a record high of $0.00001725. Although the price has fallen back since then, many investors have chosen to buy at the bottom and cover their positions at a low point, showing their optimism about the future trend of Pepe.
In the past 30 days, the price of PEPE has risen by more than 60%, and the number of its holders has exceeded more than 239,000. This performance has even surpassed some top crypto projects and attracted the attention of many whale investors. On-chain monitoring data shows that several major holders have withdrawn more than $10 million worth of PEPE tokens in the past week, showing the market's strong interest in this MEME coin.
In terms of trading volume, PEPE's performance is also remarkable. The trading volume in the past few weeks has exceeded Dogecoin (DOGE) and Shiba Inu Coin (SHIB), with a 24-hour trading volume of more than $1.48 billion, far exceeding the usual more than $800 million. This is enough to prove that although ordinary investors may face the uncertainty of price fluctuations, whale investors are actively accumulating funds.
In the past three months, PEPE's swing trading win rate has reached 100%, showing the stability of its market performance. Recently, a whale transferred $3.86 million worth of tokens from Binance, including 199.3 billion PEPE and 38.1 billion SHIB, which further confirmed the market's optimism about PEPE.
Combining the above data and market performance, there is reason to believe that PEPE is expected to set a new high in June and break through the price mark of $0.0000200. Investors are full of expectations for the future of Pepe, and the performance of the market seems to verify this.
What do you think the highest PEPE-June can break?
