#MemeWatch2024 Pepe Coin (PEPE)$ Despite recent market fluctuations, Pepe Coin has demonstrated resilience and potential for growth. With a recent surge in price, marking over 25% increase in the past month, PEPE has been on a s#teady upward trajectory over the past three weeks that could see its price rally soon. The technical analysis supports PEPE’s potential for a bullish breakout, as the meme token has formed a bull flag pattern. PEPE’s breakout from this consolidation phase can trigger an uptrend. Once the price breaks out from the flag pattern, PEPE value will be poised for a monumental rally after confirming the pattern. Furthermore, institutional investors and whales’ recent accumulation of Pepe Coin further fuels optimism about its future price movements. A whopping 357.34 billion PEPE was recently accumulated from Binance, driving speculations about PEPE price trajectory. The purchase of this token worth $2.9 million by a fresh wallet address follows the accumulation of smart money in May. The smart investor who purchased 143 billion PEPE has been known to make gains in his past PEPE trades, igniting speculations of a price rally for PEPE. As the month progresses, Pepe coin offers an excellent opportunity for massive gains in 2024. With the PEPE price on its way to a bull rally, it is a must-have for crypto investors.
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