Pepe Sees $800 Million Volume Surge as Wall Street Pepe ICO Closes in on $50M – Could Whales be Secretly Accumulating?

PEPE has dipped by 0.3% up to now 24 hours, with the meme token slipping again all the way down to $0.00001732 because the crypto market positive aspects by 1% as we speak.

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 formidable 1,300% enhance up to now yr.

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

This means that it might be getting ready to a brand new rally, with information exhibiting 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 huge in quantity phrases, a minimum of when in comparison with main tokens resembling Bitcoin and Ethereum, that are recording volumes of $46.5 billion and $19 billion as we speak.

But the elevate PEPE has skilled does point out the potential beginnings of a brand new rally, with Lookonchain data showing that one large trader withdrew 1 trillion PEPE (about $18.5 million) from Binance yesterday.

A whale withdrew 1.08T $PEPE($18.49M) from #Binance up 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 huge whale buy of PEPE in a number of weeks, with last week seeing only transfers to exchanges.

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

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

We additionally see its 30-period shifting 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.

Based mostly on these indicators, the market has oversold PEPE in current 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 pointed out 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 tip of Q1.

May Wall Avenue Pepe be Set to Outperform the Unique PEPE?

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

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

One among them is Wall Street 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 largest presales of the previous few years, and units it up extremely nicely for future progress and enlargement.

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

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

On prime of this, it should function neighborhood channels and boards, the place customers can share recommendation and likewise 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 assist its value over time.

Whereas the Wall Avenue Pepe sale will finish quickly, traders can nonetheless be a part of by going to the coin’s official website.

Visit Wall Street Pepe Presale

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