In a surprising move, Ethereum co-founder Vitalik Buterin has purchased a significant amount of PEPE tokens, a meme coin. The acquisition of 508.6 million tokens has sparked speculation about whether PEPE's price will reach $1. Buterin's purchase is seen as a signal of confidence in the meme coin industry and its potential for growth. Technical analysis suggests a consolidation zone for PEPE, with the possibility of a breakout if market conditions become positive. The recent success of meme coins can be seen in the growth of PEPE, which has surged by 1201% in the last year. Additionally, US President Donald Trump launched the TRUMP meme coin on Solana, achieving a $1 billion market cap in under 24 hours. At present, PEPE is trading at $0.00001514 with support at $0.00001500 and resistance at $0.0000200.



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