The memecoin PEPE is positioned for a potential 200% rally. This forecast is supported by recent data indicating significant outflows from exchanges, amounting to $341 million. Such outflows can often denote accumulating activity as investors hold the asset anticipating price spikes.
Another factor is the market environment, which continues to display enthusiasm for memecoins. This sentiment may increase demand for PEPE, contributing to its potential growth in value. These factors combined suggest bullish prospects for the coin's near-term future.
