Pepe Sees $800 Million Quantity Surge as Wall Avenue Pepe ICO Closes in on $50M – Might Whales be Secretly Accumulating?

PEPE has dipped by 0.3% prior to now 24 hours, with the meme token slipping again right down to $0.00001732 because the crypto market positive aspects by 1% at present.

This fall implies that PEPE is now down by 6% in every week and by 26% in a month, though the Ethereum-based coin retains a powerful 1,300% enhance prior to now yr.

And whereas it has fallen at present, its 24-hour buying and selling quantity stands at $800 million at present, marking a 20% elevate from the place it was solely a few days in the past.

This implies that it might be getting ready to a brand new rally, with knowledge displaying that some whales have begun accumulating the coin as soon as once more.

Pepe Sees $800 Million Quantity Surge – Are Whales Secretly Accumulating?

$800 million isn’t large in quantity phrases, at the least when in comparison with main tokens resembling Bitcoin and Ethereum, that are recording volumes of $46.5 billion and $19 billion at present.

But the elevate PEPE has skilled does point out the attainable beginnings of a brand new rally, with Lookonchain knowledge displaying that one giant dealer withdrew 1 trillion PEPE (about $18.5 million) from Binance yesterday.

A whale withdrew 1.08T $PEPE($18.49M) from #Binance prior to now 28 hours.https://t.co/VvSBg6b5J9 pic.twitter.com/mObAAjYBsF

— Lookonchain (@lookonchain) January 14, 2025

That is vital insofar because it appears to be the primary large whale buy of PEPE in a number of weeks, with final week seeing solely transfers to exchanges.

And if we have a look at PEPE’s chart at present, it reveals the coin hitting a backside, implying {that a} resurgence is on its means.

Certainly, the coin’s relative energy index (purple) fell beneath 30 yesterday and has since returned to 50.

We additionally see its 30-period transferring common (orange) flatten out in relation to the 200-period common (orange), one other signal that the promoting is more likely to finish very quickly.

Primarily based on these indicators, the market has oversold PEPE in latest weeks, so consumers are more likely to start scooping up the token at a reduction, boosting its value within the course of.

We may see the token return to $0.000020 within the subsequent few weeks, buoyed by the inauguration of Donald Trump.

Some analysts have identified that, traditionally, alt seasons have adopted US presidential inaugurations.

PRESIDENTIAL INAUGURATION DAY
= ALTSEASON

Historical past tells us that each after every
inauguration, Altcoin market pumps.

2017- Trump Inaguration= Alteason
2021- Biden Inauguration= Altseason
2025- Trump Inauguration= It’s but to
occur

Ignore the brief time period DUMP. pic.twitter.com/3iyKSd8efq

— Ash Crypto (@Ashcryptoreal) January 10, 2025

And if such a season follows the inauguration on Monday, PEPE may even rise to $0.000025 by the top of Q1.

Might Wall Avenue Pepe be Set to Outperform the Authentic PEPE?

PEPE stays 38% down from its ATH of $0.00002803 (set on December 9, 2024), so it’s attainable that merchants could flip away from the token within the coming weeks.

Some could flip to newer options, with a number of new presale cash wanting very promising proper now.

One in all them is Wall Avenue Pepe (WEPE), a brand new ERC-20 token that has raised a humongous $48.4 million in its ongoing sale.

This determine makes Wall Avenue Pepe one of many greatest presales of the previous few years, and units it up extremely effectively for future progress and growth.

It has been so profitable in attracting buyers as a result of its viral memes come married to some very sturdy fundamentals.

It is going to be a trending intelligence platform, offering buyers with real-time buying and selling indicators, up-to-date knowledge and unique ideas and techniques.

On high of this, it would function group channels and boards, the place customers can share recommendation and in addition compete in buying and selling competitions.

Winners will obtain rewards in WEPE, one thing which ought to incentivize higher involvement with the undertaking, serving to to help its value over time.

Whereas the Wall Avenue Pepe sale will finish quickly, buyers can nonetheless be part of by going to the coin’s official web site.

Go to Wall Avenue Pepe Presale

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