PEPE Coin (PEPE) Shows Potential for Resurgence: Smart Money Investors Continue to Buy In

Crypto Whales Continue to Accumulate Pepe (PEPE)

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Crypto whales are actively acquiring significant amounts of Pepe (PEPE), a meme coin that is currently leading the charge in the cryptocurrency market.

Whale Purchases Drive Pepe (PEPE) Surge

Pepe (PEPE) has experienced a notable surge in value, primarily fueled by substantial purchases from crypto whales. On-chain analysis platform Spot On Chain reported that a whale with the wallet address "0x323" made a substantial purchase of 915 billion PEPE coins, valued at $7.7 million, on May 5. The acquisition cost per coin was $0.000008466.

Continued Whale Interest

Another whale made a purchase of 142 billion PEPE coins, worth $1.26 million, at a cost of $0.000008831 on May 6. Notably, this whale has engaged in seven separate PEPE transactions within the past six months, with six of those occurring within the last 30 days.

Read the full article at COINOTAG for in-depth insights into this ongoing market trend.