Binance News: Pepe Coin (PEPE) Jumps 7% Amid Whale Accumulation on Binance

Cryptocurrency markets are always volatile, but when a major exchange like Binance is involved, the stakes can be even higher. In the latest development, PEPE Coin (PEPE) has seen a significant price jump, fueled by whale accumulation and renewed buying interest. Here’s what you need to know.

Pepe Coin (PEPE) Price Prediction: PEPE Jumps 7% on Whale Accumulation

The Pepe Coin (PEPE) price has jumped 7% as whale accumulation and bullish patterns fuel rally hopes. The latest rally follows a series of volatile movements, but renewed buying interest, particularly from large investors, has sparked optimism. On-chain data indicate that a crypto whale recently pulled out 492 billion PEPE tokens worth approximately $3.74 million from Binance, signaling belief in the long-term prospects of the asset.

Binance Altcoin Crash Sparks Speculation

Leading crypto exchange Binance saw a sudden and drastic price crash hit multiple tokens, including ACT, DEXE, and DF. ACT dropped almost 57% on April 1st and another 23% the next day, sending shockwaves through the crypto community. Following this, MASK, LEVER, and other tokens experienced short-term and significant drops. Speculation about the cause ranges from a bot malfunction to market manipulation or impending delistings.