Pepe Whale Accumulation Signals Potential Price Breakout
The Pepe cryptocurrency has seen significant whale accumulation over the past week, with large holders adding over 4.13 trillion tokens to their holdings.
This development comes as Pepe trades at $0.00000284, down 0.5% in the last 24 hours.
The token's market cap stands near $1.195B, matching its fully diluted valuation of $1.195B, due to its entire supply being already in circulation.
A symmetrical triangle on the 4H chart suggests that a breakout above $0.000003104 could lead to higher prices, while a break below $0.000002641 could result in a slide towards support at $0.000002727 and then $0.000002641.