PepeCoin (PEPE) has surged 12% in the past 24 hours, driven by increased whale activity and a broader altcoin rotation. The memecoin's breakout above its recent trading range has attracted strong trading volume, with support levels holding firm, indicating trader confidence. The relative strength index remains balanced, suggesting a healthy rally rather than a fleeting spike. Whale transactions exceeding $100,000 have been on the rise, with some surpassing $1 million, indicating sustained interest from large holders. This activity has persisted through both rallies and pullbacks, signaling confidence beyond short-term speculation. As altcoins continue to outperform Bitcoin, PEPE benefits from the momentum, with traders seeking higher returns in the current market environment.
PEPE Surges 12% Amid Whale Activity and Altcoin Rotation
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