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Pepe Whales Is Back : Will Large-Scale Activity Help Pepe Coin Recover from a 60% Loss?
Pepe Whales Is Back : Will Large-Scale Activity Help Pepe Coin Recover from a 60% Loss? image 0
On March 29, 2025, at 7:03 PM WIB, Pepe Coin (PEPE) is once again capturing attention as whale activity hints at a potential turnaround for the meme coin in 2025. Following a turbulent start to the year, recent on-chain movements suggest that big players are positioning themselves for a possible recovery, raising hopes among traders and investors. With the broader cryptocurrency market showing resilience Bitcoin holding above $87,000 could PEPE be gearing up for a resurgence? Whale Moves Spark Optimism The latest buzz stems from a significant transaction today: a whale withdrew 500 million PEPE tokens, worth approximately $4.3 million, from Binance into a newly created wallet. This follows a pattern of whale accumulation, with earlier reports this week noting large holders snapping up billions of PEPE tokens. As of now, PEPE trades at around $0.0086-$0.0088, up slightly after a 5% rally in the past 24 hours, pushing its market cap to roughly $3.6 billion. Analysts see this as a potential signal of confidence. The whale’s move coincides with a 15% spike in trading volume, suggesting renewed interest after a period of stagnation. Posts on X echo this sentiment, with some users predicting a “100% breakout” if the trend continues, while others remain wary of past volatility. A Rocky Road to Recovery PEPE’s journey in 2025 has been anything but smooth. After peaking in late 2024, the token faced a steep decline, including a 26% drop in early February triggered by a whale selling off 175 billion tokens. This sell-off, coupled with broader market corrections, saw PEPE struggle to regain footing. However, recent whale activity including today’s 500 million token haul marks a shift from the bearish pressure that dominated earlier this year. Key indicators point to a possible rebound: Accumulation Phase: Large holders have added over 1 trillion PEPE tokens since mid-March, per on-chain data, suggesting a strategic buildup rather than a quick flip. Technical Bounce: PEPE’s price has stabilized above its 100-day moving average, with a tightening Bollinger Band hinting at an imminent breakout potentially to $0.01 or higher. Market Tailwind: The crypto market’s recovery, with a total cap nearing $3 trillion, provides a supportive backdrop for meme coins like PEPE to regain momentum. Challenges and Skepticism Despite the optimism, hurdles remain. PEPE’s massive circulating supply over 420 trillion tokens continues to cap its upside potential unless demand surges dramatically. Past whale dumps, like the February incident, have left some investors cautious, with fears of a “pump and dump” lingering. If the current whale opts to sell, support levels around $0.0075-$0.008 could be tested, potentially derailing the recovery narrative. Analysts offer a balanced view: a bullish scenario sees PEPE climbing to $0.017-$0.020 (a 100%+ gain) if whale buying persists and market sentiment holds, while a bearish outcome could see it retreat to $0.006 if profit-taking kicks in. The RSI, currently at 58, suggests room for growth but no immediate overbought signal. What’s Next for PEPE in 2025? With less than an hour since this article’s publication at 7:03 PM WIB, the Pepe Coin community is abuzz. The whale’s 500 million token acquisition hot on the heels of earlier accumulations raises the stakes. Will this spark a sustained rally, or is it a fleeting boost in a volatile market? For now, PEPE’s fate rests on whale intentions, technical momentum, and the broader crypto tide. As of 10:04 PM WIB today, the signs lean toward cautious optimism. Whether PEPE can reclaim its 2024 highs or beyond remains uncertain, but one thing is clear: the whales are back, and they’re making waves .
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