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Ethereum-Based Meme Coin Pepe Price Could Bounce 24% as Whales Accumulate

source-logo  coingape.com 14 August 2024 09:40, UTC
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Pepe price is poised for a potential breakout, riding a short-term bullish trend. Over the past few weeks, the price of PEPE has surged in tandem with increased Ethereum ETF inflows, highlighting its correlation with the second most popular crypto asset. Active accumulation by Pepe whales signals anticipation of further price increases. As Ethereum gains traction in traditional finance, meme coins like Pepe may outperform many other cryptocurrencies.

coingape.com