PEPE, a rapidly growing cryptocurrency, has flipped Uniswap (UNI) and Litecoin (LTC) to set a new market cap record above $11 billion. This impressive surge is attributed to significant investment activities by whales, who increased their holdings by $1.14 billion over the weekend.
The increasing whale activity suggests a strong institutional interest in PEPE, as stated by an analyst. This highlights the growing attention the cryptocurrency is receiving from larger financial entities.
