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Pepe (PEPE), a large-cap meme coin on Ethereum, has entered its sixth consecutive week of decline. However, on-chain data shows that smart money accumulation remains intact.
As meme coins lose favor amid weakening market liquidity, questions are rising over whether PEPE can stage a recovery.
Top PEPE Whale Wallets Bet on a Bullish Reversal
Last month, James Wynn, a well-known trader on Hyperliquid with large PEPE long positions, predicted that PEPE’s market capitalization could reach $69 billion by 2026….
