PEPE on Steroids; Why Is PEPE Up 15% Today?

After weeks of trading as an underdog, the frog-themed meme coin Pepe Coin (PEPE) is now arguably on steroids with a 15% surge today taking its price to $0.0000006933, per data from CoinMarketCap. The sudden reversal in its price action has further helped push the price of the token up when the trailing seven-day period is factored in.

Timeline of Pepe

With the majority of altcoins in the broader digital currency ecosystem finding new paths to revival, frog-themed meme coin Pepe Coin (PEPE) has been on a mild but steady free fall. At the time of writing, each PEPE token's price is worth $0.0000006621 atop a 3.57% slump in the past 24 hours.

During the second week of September, the crypto market saw a notable sell-off. The Pepe coin wasn't spared, breaking below the psychological support of $0.0000007 with considerable volume.

Pepe Coin has been on a wild ride in early September, characterized by significant price volatility and a troubling dip in its performance. The price action of PEPE early this month followed a bearish pennant pattern, marked by two converging trendlines.

Amid the recent uncertainty in the crypto market, the Pepe coin price performance in early September was marked by significant volatility. Initially, the coin moved within two converging trendlines recognized as a bearish pennant pattern.

Whale 0x9da executed a significant swap of 452.911B $PEPE tokens for 194.31 Ethereum ($ETH), resulting in a profit of $216K. This follows the whale's initial accumulation of $PEPE tokens from the Huobi exchange.

Recently, the memetic cryptocurrency, Pepe (PEPE), has faced challenges on multiple fronts. The contributors of this eccentric digital currency have reported unauthorized access to their primary Telegram channel, urging the community to label it as a scam.

PEPE, the meme coin that has garnered a cult following in the cryptocurrency world, made headlines once again as an anonymous whale, rumored to go by the name “Alleged Mattfurie,” executed a huge transaction. According to a new PEPE price update, this enigmatic figure exchanged a staggering 726 billion PEPE tokens for approximately 345.7 Ethereum (ETH).

PepeCoin's Telegram account has been compromised, allowing unauthorized access under the handle "lordkeklol". The account is being used to promote fraudulent schemes and introduce other coins without team affiliation.

A cryptocurrency whale has made an unexpected move, dumping a huge 1.5 trillion tokens of the meme-inspired cryptocurrency $PEPE on the major cryptocurrency exchange Binance. This transaction, worth about $1.

Popular meme coin PEPE has recently come under the spotlight due to significant whale activity that has left many investors concerned about its future. Large holders of PEPE tokens have been selling their holdings at a loss, leading to increased market uncertainty.