CandleFocus Pepe Coin Price Eyes 48% Breakout Rally Amid Whale Buying
2024-12-10
Author: Content Editor
The price of PEPE coin experienced a notable increase, reaching a new high of $0.000028 during Monday's U.S. market hours. This uptrend, despite the market uncertainty and FUD surrounding Bitcoin's decline below $100k, can be attributed to whale accumulation and a healthy retracement. Data shows that crypto whales increased their holdings in PEPE by $1.14 billion in a single day, indicating growing confidence among large investors in the token's potential. The current price of PEPE is $0.0000273, with a market cap of $11.46 billion and a 24-hour trading volume of $10.03. The price breakout from the previous high suggests a bullish trend, with potential targets at $0.000031 and $0.00005.
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