PEPE News: Whale Purchase Sparks Investor Confidence, But Tornado Cash Usage Raises Concerns

A recent massive purchase of PEPE coins by three whale wallets has captured the attention of the crypto community. While the purchase signifies strong investor confidence and could potentially spark a price rally, experts are concerned about the use of Tornado Cash by these wallets.

3 Whales Buy 689B PEPE Coin, Experts Concerned About Tornado Cash Usage

The crypto community has been captivated by a massive PEPE coin purchase. market data reveals three wallets bought 689.79 billion PEPE tokens, worth approximately $4.3 million, within 11 hours. Historically, such whale activity signifies strong investor confidence and can spark a price rally. However, experts express concern as these wallets utilized Tornado Cash, a platform that conceals transaction origins, raising questions about the funds’ source and the whales’ intentions.

Pepe Price Prediction: Can This Meme Coin Keep Its Momentum?

Pepe Price Prediction 2025 is a hot topic among traders. Pepe, a volatile yet exciting meme coin, has shown wild price swings. With its current price bouncing and market cap climbing, traders wonder if it can continue its momentum. A new contender, Dawgz AI, is also gaining traction in the meme coin race. Based on available data, Pepe’s price prediction for 2025 suggests a mix of ups and downs but with high potential for gains.

PEPE: 77% Loss but Potential 367% Gain by Apr. 19

PEPE’s price has fallen 77% from its all-time high of $0.00002803 on December 9, 2023. Despite this, CoinCodex predicts a potential surge of 367.35% by April 19, 2024, bringing the price to $0.00003020. In the last 24 hours, PEPE has seen an 8.6% increase but remains down across longer time frames. Last year, Pepe was one of the top-performing meme coins, reaching the top 30 crypto projects by market capitalization. Holders have seen their portfolios shrink since the peak, but Optimism remains high for a strong comeback.