Over the past three hours, notable wallets have made substantial purchases of the token, showing confidence in its potential.
As the market continues to experience a downturn, several large wallets have made significant purchases of $PEPE.
Wallet 0xe99b, tracked on icrypto.ai, recently acquired 17.23 billion $PEPE tokens for $141.28K at an average price of $0.000008204. The wallet now holds a total of 60.48 billion $PEPE, valued at $496.69K.
Wallet 0x869a also purchased 18.71 billion $PEPE for $150K at an average price of $0.000008014. This brings the total holdings in this wallet to 93.45 billion $PEPE, currently valued at $767.42K.
Another notable investor, Wallet 0xe8be, known as Degen12345, bought 8.97 billion $PEPE for $71.54K at an average price of $0.000007973. Degen12345 now holds 82.08 billion $PEPE, valued at $674K.
Finally, Wallet 0x7777 swapped 151K USDC to receive 18.79 billion $PEPE, valued at $154K.
Despite the market downturn, $PEPE continues to attract interest from Smart Money investors, with multiple large wallets continuing to buy the token.
As always, investors should remain cautious and conduct their own research before making any trades.
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