PEPE Surges on Market Activity, Not Whale Buying Claims

PEPE has been gaining traction in recent days, surging by 15.4% over the past week and reaching a price of $0.00000393 on September 20th.

This rally is not entirely clear-cut, with several unverified explanations surrounding it.

The market data suggests that genuine interest from investors has led to this surge, rather than claims of whale buying or fund involvement.

According to CoinGecko data, PEPE traded between $0.0000038 and $0.00000431 during the latest session, gaining 3.4% over 24 hours.

The token's market capitalization reached nearly $1.65 billion, placing it around 57th among crypto assets.