PEPE, a frog-themed cryptocurrency, has experienced a surge of over 25,000% since its launch in April. The excitement surrounding PEPE has been reignited as influential players known as “smart money whales” have made substantial acquisitions of the coin. These acquisitions have contributed to a 23% growth in PEPE’s value in just one week. Additionally, new wallets have entered the PEPE ecosystem, indicating a desire to accumulate tokens. While PEPE thrives, other cryptocurrencies like Shiba Inu and DOGE have faced different fates, with SHIB posting gains of only 14% over the past week. PEPE was trading at $0.000001264 at the time of the article.
AI Sentiment: Positive
