PEPE Gaining Momentum

🟢Over the past 24 hours, the frog-themed meme coin PEPE has surged more than 8%, surpassing its main competitors DOGE and SHIBA. This followed a significant acquisition by a major investor, sparking speculation about a potential PEPE rally. According to data from the network platform Scopescan, on June 11, a crypto whale withdrew 256 billion PEPE coins worth $2.9 million from the Bybit exchange.

🟢An additional growth factor could be news of a potential listing of the asset on the leading cryptocurrency exchange Coinbase. Earlier, in April 2024, the platform launched an indefinite futures market for the token.