Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin -portfolios shift to ‘buy -mode’ -Is a bullish reversal imminent?

2025-05-20

XRP Price Eyes Winins, but technically suggests that upsides can be limited

2025-05-20

Solana set up for the largest protocol revision so far with ‘Alpenglow’ upgrade

2025-05-20
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    What are tokenized real-world assets? Put physical value on the chain with RWAS

    2025-05-20

    Basic kit transactions rise as DEX volume approaches $ 400 billion milestone

    2025-05-20

    Taiko Alethia launches the most expected Pacaya Hardfork -upgrade on MAINNET

    2025-05-20

    Weaver Labs stimulates AI-led decentralized connectivity, joins Imagen Network

    2025-05-19

    Cdari works together with Laika Ai to strengthen blockchain -intelligence about chains

    2025-05-19
  • NFT

    Guild of Guardians leads with a huge volume of $ 796.62k

    2025-05-20

    Solana Meme Coin Ponke Set to release assembly objects, clothing via Jcorp Spinout

    2025-05-19

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    XRP Price Eyes Winins, but technically suggests that upsides can be limited

    2025-05-20

    Bitcoin still cannot close daily candle above $ 106k after 8 failed attempts in 2025

    2025-05-20

    Solana (SOL) keeps land in tight reach – Traders looking at Directional Cue

    2025-05-20

    Graph signal running to new ATH

    2025-05-19

    BlackRock’s Buidl to Power Bouncebit’s new RWA Yield Strategy Platform

    2025-05-19
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Altcoins»PEPE Coin Recovers Following A Spike In Whale Activity! Will PEPE Token Price Regain Old Momentum?
Altcoins

PEPE Coin Recovers Following A Spike In Whale Activity! Will PEPE Token Price Regain Old Momentum?

2023-08-25No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Numerous Doge lovers have touted Pepe as the next big thing in the meme coin market, even going so far as to predict that it could outperform the original meme coin, Dogecoin, in the upcoming bull market. However, the latest shifts in fund withdrawals from the multi-sig wallet have cast doubts on this theory for some investors. As a result, Pepe experienced a significant decline today, leading to increased whale activity. The surge in large transactions now appears to be bullish for Pepe’s rebound from its recent slump. 

Whales Continue To Buy PEPE Near The Dip

Pepe’s price plummeted almost 20% amid concerns of a potential “rug pull” following recent multi-sig wallet adjustments and token transfers. The downturn coincided with the transfer of $16 million in Pepe tokens from the developers’ multi-sig wallet to multiple crypto exchanges.

As PEPE hit its lowest point, whales began accumulating the token from the dip, anticipating profits in the next bull market. Data from IntoTheBlock shows a sudden surge in large transactions, with the count rising from 41 to 132. This suggests that whales are actively engaging with PEPE’s recent downturn, serving as a catalyst for its price recovery. 

Additionally, the volume of large transactions (>$100,000) has experienced a significant increase, jumping from $10.67 million to $98.4 million. This suggests a shift in sentiment among whales in response to the recent market selloff. 

According to Lookonchain, a holder of PEPE tokens invested 320 Ethereum, worth approximately $529,000, to purchase 640 billion PEPE tokens. This move may have been motivated by the recent dip in PEPE’s price following a substantial sell-off. The meme token saw a spike in selling activity, which could have been the catalyst for the whale’s quick action. 

See also  Husky Inu now accepts tickets for presale

What’s Next For Pepe’s Price?

Pepe token experienced a bounce back from its $0.00000078 support level, signaling that bullish investors are entering during price dips. As of writing, Pepe trades at $0.00000086, declining over 16% in the last 24 hours. 

The bulls are currently trying to initiate a short-term rally that could potentially reach the 20-day EMA at $0.00000101. However, sellers are expected to strongly defend this level. If the price declines upon hitting the EMA20 level, it would imply that the Pepe sellers are still in the game, waiting for the perfect opportunity to open short positions. 

A decline below the support line at $0.00000078 will strengthen sellers’ confidence, potentially sending the Pepe price toward a severe decline. 

For a stronger bullish comeback, buyers will need to push the price beyond the immediate resistance at $0.00000115 and moving averages. If the price successfully holds upward momentum and breaks above the resistance line, Pepe might surge to $0.00000171.



Source link

activity Coin Momentum Pepe Price Recovers regain spike Token whale
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

XRP Price Eyes Winins, but technically suggests that upsides can be limited

2025-05-20

Solana set up for the largest protocol revision so far with ‘Alpenglow’ upgrade

2025-05-20

Bitcoin briefly surpasses $ 106k for withdrawal, analyst sees stable momentum

2025-05-20

Trump’s tax assessment is progressing in the congress – good for the adoption of crypto?

2025-05-20
Add A Comment

Comments are closed.

Top Posts

SubQuery powers the Oasis network with lightning-fast data indexing

2024-01-11

Short-Term Bitcoin Holders Are Leaving the Market: What Happens Now?

2024-09-12

Wildcard moves NFTs from Polygon to Ethereum, shares Token strategy

2025-02-25
Editors Picks

Ethereum’s Outlook for the First Quarter of 2025 – Is ETH Now at Risk of Falling Behind?

2025-01-19

Trump confirms the appointment of Paul Atkins as the new chairman of the SEC

2024-12-04

Coinbase asks FDIC, OCC and Federal Reserve to remove obstacles for banks to collaborate with crypto companies: report

2025-02-04

Jasmy Hertest Resistance after collapse – Next stop: $ 0.0125?

2025-03-10
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin -portfolios shift to ‘buy -mode’ -Is a bullish reversal imminent?

XRP Price Eyes Winins, but technically suggests that upsides can be limited

Solana set up for the largest protocol revision so far with ‘Alpenglow’ upgrade

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$104,479.521.43%
  • ethereumEthereum(ETH)$2,477.391.82%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.340.80%
  • binancecoinBNB(BNB)$642.050.24%
  • solanaSolana(SOL)$165.891.76%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • dogecoinDogecoin(DOGE)$0.2195510.70%
  • tronTRON(TRX)$0.2724772.96%
  • cardanoCardano(ADA)$0.73-0.21%
  • suiSui(SUI)$3.834.07%
  • chainlinkChainlink(LINK)$15.541.61%
  • avalanche-2Avalanche(AVAX)$21.970.62%
  • stellarStellar(XLM)$0.2817620.09%
  • hyperliquidHyperliquid(HYPE)$25.791.26%
  • shiba-inuShiba Inu(SHIB)$0.0000140.53%
  • hedera-hashgraphHedera(HBAR)$0.1921792.79%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.32%
  • bitcoin-cashBitcoin Cash(BCH)$387.160.90%
  • the-open-networkToncoin(TON)$3.064.23%
  • polkadotPolkadot(DOT)$4.550.56%
  • litecoinLitecoin(LTC)$93.13-2.71%
  • moneroMonero(XMR)$347.340.77%
  • bitget-tokenBitget Token(BGB)$5.10-0.31%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-0.73%
  • piPi(PI)$0.742.90%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$261.4717.70%
  • bittensorBittensor(TAO)$415.203.87%
  • uniswapUniswap(UNI)$5.77-0.01%
  • nearNEAR Protocol(NEAR)$2.720.35%
  • aptosAptos(APT)$5.070.40%
  • okbOKB(OKB)$51.71-0.21%
  • ondo-financeOndo(ONDO)$0.922.15%
  • kaspaKaspa(KAS)$0.105691-0.05%
  • ethereum-classicEthereum Classic(ETC)$18.061.33%
  • internet-computerInternet Computer(ICP)$5.121.12%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.284.75%
  • gatechain-tokenGateToken(GT)$21.360.38%
  • crypto-com-chainCronos(CRO)$0.0955241.69%
  • mantleMantle(MNT)$0.741.25%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228715-0.62%
  • vechainVeChain(VET)$0.0274500.66%
  • render-tokenRender(RENDER)$4.563.20%
  • ethenaEthena(ENA)$0.3656863.67%
  • usd1World Liberty Financial USD(USD1)$1.00-0.11%
  • algorandAlgorand(ALGO)$0.2183041.34%
  • arbitrumArbitrum(ARB)$0.3856402.14%
  • filecoinFilecoin(FIL)$2.800.48%
  • bitcoinBitcoin(BTC)$104,479.521.43%
  • ethereumEthereum(ETH)$2,477.391.82%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.340.80%
  • binancecoinBNB(BNB)$642.050.24%
  • solanaSolana(SOL)$165.891.76%
  • usd-coinUSDC(USDC)$1.00-0.03%
  • dogecoinDogecoin(DOGE)$0.2195510.70%
  • tronTRON(TRX)$0.2724772.96%
  • cardanoCardano(ADA)$0.73-0.21%
  • suiSui(SUI)$3.834.07%
  • chainlinkChainlink(LINK)$15.541.61%
  • avalanche-2Avalanche(AVAX)$21.970.62%
  • stellarStellar(XLM)$0.2817620.09%
  • hyperliquidHyperliquid(HYPE)$25.791.26%
  • shiba-inuShiba Inu(SHIB)$0.0000140.53%
  • hedera-hashgraphHedera(HBAR)$0.1921792.79%
  • unus-sed-leoUNUS SED LEO(LEO)$8.711.32%
  • bitcoin-cashBitcoin Cash(BCH)$387.160.90%
  • the-open-networkToncoin(TON)$3.064.23%
  • polkadotPolkadot(DOT)$4.550.56%
  • litecoinLitecoin(LTC)$93.13-2.71%
  • moneroMonero(XMR)$347.340.77%
  • bitget-tokenBitget Token(BGB)$5.10-0.31%
  • daiDai(DAI)$1.000.00%
  • pepePepe(PEPE)$0.000013-0.73%
  • piPi(PI)$0.742.90%
  • ethena-usdeEthena USDe(USDE)$1.00-0.01%
  • aaveAave(AAVE)$261.4717.70%
  • bittensorBittensor(TAO)$415.203.87%
  • uniswapUniswap(UNI)$5.77-0.01%
  • nearNEAR Protocol(NEAR)$2.720.35%
  • aptosAptos(APT)$5.070.40%
  • okbOKB(OKB)$51.71-0.21%
  • ondo-financeOndo(ONDO)$0.922.15%
  • kaspaKaspa(KAS)$0.105691-0.05%
  • ethereum-classicEthereum Classic(ETC)$18.061.33%
  • internet-computerInternet Computer(ICP)$5.121.12%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.284.75%
  • gatechain-tokenGateToken(GT)$21.360.38%
  • crypto-com-chainCronos(CRO)$0.0955241.69%
  • mantleMantle(MNT)$0.741.25%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.228715-0.62%
  • vechainVeChain(VET)$0.0274500.66%
  • render-tokenRender(RENDER)$4.563.20%
  • ethenaEthena(ENA)$0.3656863.67%
  • usd1World Liberty Financial USD(USD1)$1.00-0.11%
  • algorandAlgorand(ALGO)$0.2183041.34%
  • arbitrumArbitrum(ARB)$0.3856402.14%
  • filecoinFilecoin(FIL)$2.800.48%