PEPE News: Whales Accumulate PEPE Amid Market Decline, Potential Price Surge Anticipated
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Recent developments in the Pepe Coin (PEPE) market have sparked interest among investors, with whales quietly accumulating the meme coin amidst the broader crypto market decline. Here’s a closer look at the latest news surrounding PEPE.
Whales Quietly Load Up on PEPE – Potential Price Explosion?
Pepe Coin (PEPE) whales are quietly accumulating the meme coin as it tries to stabilize around $0.0000080 amidst the broader crypto market decline. The US Securities and Exchange Commission (SEC) recently stated that meme coins are generally not considered securities under federal law. Following this news, notable PEPE whale purchases were observed, with one whale buying $109,000 worth of PEPE, now holding over 84.4 billion tokens valued at approximately $690,000. PEPE’s current market cap stands at $3.45 billion. Despite being down 70% from its record highs last December, whale activity suggests potential for a price explosion.
Top Trading AI Agent MIND of Pepe Ends Funding Stage Soon
MIND of Pepe’s ($MIND) AI capabilities have gained industry recognition in just over a month since its presale launch. The project aims to analyze market sentiment and uncover valuable insights for investors. MIND of PEPE can also create opportunities by tracking trends. The current funding stage for $MIND ends soon, offering investors a limited window to buy at a lower price of $0.0034128 per token before the next stage raises the price.
PEPE Crashes 14% in a Day, Faces Critical Support Test
The memecoin PEPE has seen a significant decline, crashing 14.10% in the last 24 hours and currently trading at $0.00007297. PEPE is testing critical support levels at $0.0000730, which is key for its recovery. Declining Social Volume and a rising NVT Ratio have signaled potential overvaluation and bearish pressure. The cryptocurrency market is currently volatile, making it crucial to evaluate both technical factors and market sentiment influencing PEPE’s movement over the coming days.
