Whale Activity Ignites PEPE Price Surge Amid Meme Coin Market Interest

Whale activity has surged in PEPE, causing the meme coin to rise by 42.7% over the last seven days and break through major resistance levels.

The recent price drop from August 24 was followed by a sudden increase, signaling that whales have been taking advantage of the dip to accumulate tokens.

With continued whale accumulation, PEPE has recovered notably and is attracting enthusiasm from retail traders.

As whales buy large amounts of tokens, they not only drive the price up but also force weak hands to panic-buy, setting the stage for a potential next big leap in the market.