A whale, or a large memecoin holder, has made a nearly $5-million profit on the Pepe token within a month. Can Pepe’s price continue to rise due to another incoming wave of retail interest?A savvy memecoin whale made $4.95 million within a month, which is a 52% return on their initial investment, despite Pepe’s bought a month ago into Binance, making ~$4.95M, with an ROI of 52%.”Following the over $9.
on May 27. However, Pepe fractals hint at a potential 40% price correction if the price chart repeats the patterns from January 2024.Nevertheless, Pepe’s current correction could also indicate the formation of a new hype cycle, which could help Pepe’s market capitalization reach over $10 billion, according to pseudonymous crypto analyst Davie Satoshi, who wrote in a May 30 X“Typically, wave 4 tends to be a triangle pattern and corrects about 23-30%...
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