Pepe Price Shows Bullish Potential as Whales Accumulate & Technical Signals Emerge

The price of Pepe (PEPE) is on the verge of a significant breakout, fueled by whale accumulation and technical signals. Following a strong rally from April lows, the token surged to $0.00001512 on Thursday, an impressive 180% increase. This momentum aligns with growing anticipation for further gains as witnessed in Nansen data, which shows that whales have significantly increased their holdings of PEPE, purchasing a staggering 170 billion tokens in May alone. The growth brings their total to 9.95 trillion tokens.