Pepe is experiencing a surge in trading activity with volume spiking nearly 41% to $2.58 billion, aligning with top trader James Wynn reopening a leveraged long position on PEPE using 10x leverage.
Derivative data for PEPE shows strong interest from investors, with open interest in PEPE futures reaching a new all-time high of 700 million, signaling growing confidence in bullish price predictions.
PEPE whales have been accumulating positions, with a notable investor purchasing millions of PEPE tokens, indicating strong long-term confidence and the potential for a supply squeeze to drive prices higher.
Pepe price prediction suggests a bullish trend, aiming to break the major resistance at $0.00001520 and potentially reaching its all-time high at 0.000024; meanwhile, a new altcoin, Remittix, with crypto-to-fiat solutions, may compete with PEPE for market gains.