CandleFocus

PEPE Whale Buys $1.3M Despite Price Dip, Uptrend Ahead?

Pepe (PEPE), a popular meme coin, experienced a 3% dip in the last 24 hours despite a whale buying a large amount of tokens. The whale purchased 160.4 billion PEPE tokens valued at $1.31 million. Usually, such large purchases lead to price jumps, and investors may be hoping for the same. However, data shows that PEPE is currently trading at $0.058109, with trading volume and market cap down. The same whale had previously bought PEPE at a lower price but sold at a loss. Nevertheless, technical indicators suggest that PEPE may be headed for an uptrend, with growing investor interest and bullish turn. The article concludes by stating that the information presented is for informational purposes only and does not constitute financial advice.

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