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PEPE Price Rebound Imminent as Whale Scoops $3M Tokens on Recent Dip Coingape 12 Aug 2024

PEPE Price Rebound Imminent as Whale Scoops $3M Tokens on Recent Dip 💹

Pepe price recently broke out of a bearish reversal pattern, which indicated a further downtrend. This breakout caused 9% of PEPE holders to experience losses, dropping the number of profitable investors from 67% on Friday to 58% on Monday. However, the recent market strength has created the possibility of a rebound as a whale bought $3 million worth of tokens during the dip.

Source: coingape.com ↗

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