$PEPE PEPE Price Prediction: Last-minute $121M whale demand sparks 1,500% 2024 rally
PEPE price surged 25% within the last 24 hours, decoupling from the broader crypto market’s year-end volatility. With whales spotted entering last-minute buying frenzy, can PEPE breach the $0.000025 resistance?
PEPE price decouples from Crypto market dip with 25% rally
PEPE has emerged the standout performer, as global cryptocurrency markets experienced intense volatility in the final trading hours of 2024.
Amid the downtrend, Bitcoin price remains stuck below $95,000, struggling to reclaim key psychological levels, while Ethereum continues to falter around $3,300.
Similarly, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have recorded double-digit losses over the past week.
However, amid this gloomy backdrop, PEPE price has increased considerably on Tuesday.
According to TradingView data, PEPE's price climbed from a daily low of $0.000017 on Monday to reach $0.000021 during Tuesday's trading session.
With 1,500% yearly timeframe returns, and a market capitalization of $8.3 billion, PEPE is on course to close 2024 as the 3rd largest memecoin project behind DOGE and SHIB.
PEPE’s 25% price surge on Tuesday has left many wondering if this momentum is sustainable or simply a temporary spike driven by short-term factors. On-chain data trends show an unusual spike in whale trading activity on the PEPE network, a move that could have sparked the rally.
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