Pepe Price Prediction – Whales Accumulating Fast as Volume Explodes Past $1.4B: Is $1 PEPE Still in Play?
2025-07-03 16:51:10
Main Idea
The article discusses the potential for Pepe (PEPE) cryptocurrency to reach a $1 valuation, highlighting recent whale accumulation, technical analysis, and market trends.
Key Points
1. Pepe's price has gained 15% in early July, driven by whale accumulation and a 5% increase in market cap over the past month, reaching $7.95 billion.
2. Technical analysis suggests a potential bullish continuation, with a cup and handle breakout pattern and bullish signals from momentum indicators like MACD.
3. A decisive close above $0.00001035 could project a 117% gain to $0.00002160, though reaching $1 would require sustained long-term growth given Pepe's current $4.28 billion market cap.
4. The supply of Pepe held on exchanges has declined by 2.66% since early July, signaling a shift toward HODLing as investors move holdings into self-custody.
5. The article also mentions Best Wallet ($BEST) as an emerging narrative in the crypto space, focusing on security and self-custody, with $13.6 million in initial funding and app availability on Google Play and the App Store.
Description
The new month has seen market participants flip from capitulation to accumulation, bringing new bullishness to the PEPE price outlook as volume tops levels unseen since early June. Over $1.4 billion in transaction volume over the past 24 hours has pushed the meme coin to a 15% gain to start July, and it appears to be driven by more than purely retail flows Whales are core contributors to this accumulation, increasing their holdings by over 5% over the past month to top $7.95 billion, according t...
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