PEPE Whale Makes $8.13M In Profit As Bullish Rally Continues

Pepe coin (PEPE) has emerged as a profitable contender in the recent bullish rally of the cryptocurrency market. Alongside the surges of Bitcoin and Ether, PEPE reached a new all-time high over the weekend, prompting whales to capitalize on their holdings. One whale in particular managed to make an impressive 431% profit within just two weeks, totaling $8.13 million. The trader withdrew over 1 trillion PEPE tokens from Binance before the price skyrocketed, with the remaining 1 trillion tokens now valued at $9.13 million. Despite facing competition from other memecoins, PEPE’s community remains confident in its potential, comparing it to the success of Dogecoin in 2021. Over the past month, PEPE has experienced a massive surge of 799.5% and currently holds the title of the third largest memecoin with a market capitalization of $3.85 billion. Its daily trading volume has also increased, indicating a growing interest in the memecoin. At present, PEPE is trading at $0.000009135, representing an 8.5% rise in 24 hours.