"PEPE Plunges 7% as Whales Accumulate Billions; PEPETO Presale Surges to $4.3M"

PEPE's price has dropped by 7% in the past 24 hours, while PEPETO continues to raise millions in its presale. Despite the decline, large investors have increased their PEPE holdings, indicating possible long-term confidence in the project. Meanwhile, PEPETO's strong presale performance highlights growing investor interest in its ecosystem and future potential.

Whales continue to accumulate PEPE despite its declining price, suggesting they anticipate a market recovery. One major transaction saw a whale wallet identified as '0xe7d' spend 975 Ethereum to purchase 280.85 billion PEPE. This wallet now holds over 1.4 trillion PEPE, valued at approximately $13.2 million, with unrealized profits of $13.75 million. Another whale, identified as '0xf37,' made a first-time purchase of 375.35 billion PEPE worth around $3.73 million. The accumulation signals that experienced investors view the lower price as a potential buying opportunity. The increasing whale activity suggests expectations of a price rebound in the future.

The price of PEPE has declined by 27% throughout the past week and has experienced a 63% reduction during the last sixty days. PEPE traded at the $0.0000094 price level, facing a 7% decrease during the day. Traders have exhibited increased market activity since trading volume rose 30% to $853 million.

The PEPETO presale has reached $4.3 million, while investors show increasing interest in reaching the upcoming $5 million goal. This increase highlights confidence in the project's long-term vision and planned ecosystem. The increased investor interest points to PEPETO because its structured roadmap together with its expanding list of utilities.