Whale Alert: Analyst Flags Continued PEPE Accumulation
Release: 2024/12/23 16:44 Reading: 849
- Original author：Crypto News Land
- Original source：https://cryptonewsland.com/?p=208513
Four Crypto Whales Acquire Trillions of PEPE Tokens, Signaling Bullish Momentum
December 23, 2024
Recent acquisitions by four major crypto whales have signaled renewed bullish sentiment for PEPE, the frog-themed meme coin.
Significant Whale Purchases Revive Optimism
- A whale with an 85% winning rate invested in 788.2 billion PEPE at an average price of $0.00002394.
- Another whale added 230.1 billion PEPE tokens to their portfolio at $0.00002455.
- A third whale purchased 1.129 trillion PEPE tokens for $3.68 million.
- A fourth whale bought 250 billion PEPE tokens for $0.00001697.
These acquisitions indicate a surge of confidence among investors in PEPE's potential.
PEPE's Price Action and Market Outlook
Despite a recent 49% decline, PEPE has since rallied 22.5% to reach $0.00001763. Analysts note a pattern of higher highs and lows, with previous highs forming support for future rallies.
The consistent accumulation by whales suggests that PEPE has the potential to lead the current bull cycle. The recent acquisitions also indicate growing confidence in its ability to recover and sustain momentum.
Disclaimer: Crypto News Land is an independent media entity not affiliated with any company in the blockchain or cryptocurrency industry. While our news sources are credible, we do not guarantee the validity of their statements or motives. We encourage visitors to conduct their own research before making investment or trading decisions.
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