Two significant investors, known as “whales,” have recently made massive purchases of Pepe (PEPE) coins, totaling an astounding 560.2 billion coins. This move follows a notable rebound in the price of PEPE after a recent crypto crash, sparking discussions and speculation about the popular meme coin. Analysts and enthusiasts are closely monitoring the market to understand the potential implications of these large-scale purchases, with some speculating that it could signal growing confidence in the PEPE market.
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