Pepe coin, part of the meme coin craze, has seen a notable price surge in recent weeks, ranking among top-performing assets. The increase in interest and value is largely attributed to significant investments by whale investors.
These whale investors, known for their large-scale transactions, have collectively accumulated over $1.14 billion in PEPE, demonstrating a substantial level of confidence in the coin's future performance.
Market analysts have interpreted these developments as potential indicators of an upward breakout for Pepe coin. They suggest that this surge in whale accumulation could pave the way for a substantial increase in the coin's price, potentially even doubling it.