PEPE, the popular meme coin, has experienced a dramatic price surge of around 20% in the past 24 hours, fueled by a large purchase of 141 billion PEPE tokens by an undisclosed venture capitalist (VC).
This surge follows a month-long downturn in the cryptocurrency market, with PEPE emerging as a standout performer among meme coins.
Whales continue to accumulate $Pepe
This wallet accumulated 141.2 billion $Pepe, equivalent to 1.5 million USD. The wallet accumulated this $Pepe via CEX and now holds 608.8 billion $Pepe
We have reported on this wallet in the past and the wallet continues to show conviction… pic.twitter.com/GJtu1iwHGw
— PEPAY (
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