Time is running out for Pepe (PEPE), which gave the green light to the rise with Onchain data.
Pepe (PEPE) seems to be preparing for a big rise. Some experts predict that PEPE could gain up to 300 percent in value in the medium term. After a major price drop, PEPE began to recover, attracting investors’ attention. Recently, the increase in transaction volume and whale mobility have come to the fore.
Increasing transaction volume gives hope
In the last 24 hours, PEPE’s transaction volume increased by 14.13 percent and reached 791.15 million dollars. This sudden increase attracted attention by increasing optimism in the market. Investors are taking advantage of the recent decline to scoop up the popular memecoin.
With this increase in interest, it seems that PEPE is ready to overcome the next resistances. Latest data shows that this volume increase may contribute to a “zeroing” in the price of PEPE. If the positive atmosphere in the market continues, this rise may be a new turning point in the story of memecoin and mobilize more investors.
PEPE whales gained mobility
The recent whale activity has further increased the excitement in PEPE’s price. On October 28, a whale transferred 1.2 trillion tokens worth approximately $11.5 million. Such large moves often attract the attention of powerful investors and indicate impending price changes.
As Bitcoin’s positive impact spreads to the market, further rises can be expected in the parity. Whales have a great influence in the crypto world. Whales create excitement in the market and signal price changes. The latest onchain data for the popular memecoin has increased investors’ confidence. Those who want to benefit from whale activity follow the parity closely. With increased trading volume and whale activity, PEPE looks to be on the verge of an exciting rise.
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