Pepe Coin Purchases Around 650 Billion Tokens in 24 Hours

Investors in Pepe Coin have propelled Pepe ahead, purchasing around 650 billion tokens in the last 24 hours. The accumulation of PEPE coins is stable despite the sustained rising velocity, indicating investor interest. During the incredible surge this year for the meme token, statistics on May 11th showed that 650 billion PEPE coins had been purchased, which raised hopes for more price increases.

PEPE Price Rally Fuels Accumulations: More Gains Ahead?https://t.co/EEr0glv5jK

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Between yesterday and now, investors have accumulated 649.16 billion PEPE coins; large accumulations have been facilitated using secret addresses. Remarkably, a single address removed 350 billion PEPE, which was worth $3.44 million, from Binance. Despite recent price volatility, these accumulations point to a positive future for PEPE’s upward trajectory. 

Key Pepe Levels To Watch – May 12

The Stochastic Oscillator has indicated that the market is currently overbought. This implies that a correction to the downside is imminent.
 
However, the market’s overall trend remains bullish. PEPEUSD is likely to resume its bullish trend after a sell-side liquidity grab at $0.0000080.

Market Key Levels

Resistance Levels: $0.0000090, $0.0000110, $0.0000120
Support Levels: $0.0000040, $0.0000030, $0.0000010

PEPEUSD Metrics

Total Market Capitalization: $2.26T 
Pepe Market Capitalization: $3.66B
Pepe Volume: $457.09M
Market Rank: #28

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