PEPE has garnered attention due to massive withdrawals by whale investors, indicating a potential market rally.
Whale Influence on Trading
The PEPE coin, a meme-based cryptocurrency, saw a sharp rise in trading volume in March 2025, attributed to a significant whale withdrawal of 506.2 billion tokens. This trading activity appears to have fueled its recent 7-day price increase of 17.72%. Analysts speculate a continued upward trend, projecting gains of 108.10% for the month.
Price Trends and Market Position
PEPE, with a total market cap of $3.28 billion, is seeing an influx of new holders, indicating growing popularity. Its price was $0.000007364 as of March 29, 2025, with a 24-hour volume of $401 million. The market cap exceeds $3 billion, maintaining a dominance of 0.1156% across exchanges. The price fluctuated, with a drop of 11.85% over the past 30 days but increased by 2.57% in the last week.
Outlook and Risks
PEPE's potential market outcomes may include increased volatility due to whale activities. Historical price trends suggest significant movement potential, though regulatory developments could impact future performance. Investors should exercise caution in this speculative market.
PEPE demonstrates significant trader interest, spurred by whale activity. Despite growth opportunities, investors should consider market risks.
