Pepe Coin recorded a 12% increase after five wallets associated with Tornado Cash purchased 611 billion PEPE, worth approximately $4.28 million. These wallets had been previously inactive and withdrew ETH through Tornado Cash, a controversial mixer known for links to anonymous activity and potential cyberattacks. The recent price surge brought PEPE close to a key technical resistance zone around $0.0000090. If it manages to break through this level, the next target could be around $0.000014, based on the 0.382 Fibonacci retracement level. On-chain activity is also rising, along with interactions with the 50 EMA, suggesting a potential trend reversal. The community remains watchful to see whether this move is backed by fundamentals or just a temporary pump. Show Less

Will Pepe Coin Target $0.000014 Amid $4.28M Whale Buys?

https://cryptonews.net/news/main/30828069/
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