Pepe Coin Price Hits New ATH, Why A Correction Looms?

Popular meme coin Pepe Coin price  (PEPE) has surged by over 14% in the last 24 hours, continuing to outpace all other leading meme coins in gains over the last fortnight. Currently priced at $0.00001021, PEPE is 26% higher than its value two weeks ago, making it the top-performing meme coin in this period.

Pepe Price Soars as Whale Investor Profits

Pepe Coin’s significant price increase has been accompanied by a notable rise in trading volume. In the last 24 hours, PEPE‘s trading volume reached $1,680,635,438, a 266.40% increase from the previous day. This surge in activity highlights growing investor interest and market activity surrounding the coin.

The current price is a remarkable 18,380.81% higher than its all-time low of $0.00000005514, recorded on April 18, 2023.

Adding to the excitement, a prominent investor known as Pepe Whale has recently made substantial moves in the market. This whale deposited 250 billion PEPE, valued at $2.67 million, on the Binance cryptocurrency exchange. The whale initially acquired 474.95 billion PEPE for just $1,000 and has now realized a profit of $3.6 million following the recent deposit.

Also Read: Dogecoin (DOGE) Joins GameStop-Induced Rally With 10% Surge

Pepe Futures Open Interest Soars 13.08%