Pepe Trailing Only Dogecoin In Trading Volume: What Prices Whale Traders Are Targeting
Posted On December 5, 2024
Pepe’s (CRYPTO: PEPE) whale activity and increased transaction volumes signal rising market interest.
What Happened: Crypto trader Eugene Ng Ah Sio wondered in a post on X if Pepe is the “unloved Ethereum (CRYPTO: ETH) beta.”
After recent Robinhood and Upbit listings, PEPE has maintained a steady consolidation between, as capital rotated into other altcoins.
With ETH now displaying significant idiosyncratic strength, a rerating for PEPE may be on the horizon, according to the trader.
Another trader Javon Marks forecasts that if the current breakout holds, PEPE could see an additional 65% upside, targeting $0.00000375 in the short term and up to $0.0000063 at the high end.
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