Smart money whale activity suggests frog meme coins could be among the best cryptos to buy now, especially in light of the 2025 supercycle.
A newly-created whale wallet purchased $2.94 million worth of Pepe from Binance, along with $1.52 million worth of Shiba Inu, data from Lookonchain reveals.
A newly created wallet withdrew 60B $SHIB($1.52M) and 150B $PEPE($2.94M) from #Binance 1 hour ago.https://t.co/bsWy1WtPUh pic.twitter.com/nzm6WARUNk
— Lookonchain (@lookonchain) November 28, 2024
The new frog-themed token Pepe Unchained (PEPU) is also in high demand from whales, with one deep-pocketed investor buying $150k worth of the meme coin on Tuesday.
Similarly, another whale swapped $120k worth of ETH for PEPU on the same day.
Whales Buy Pepe Coin With New All-Time Highs Imminent
The Pepe price is currently trading at $0.0000194 at press time, down 7.5% over the past week.
However, prominent analysts are in consensus that the popular frog meme coin is set for a bullish breakout. For instance, legendary Bybit trader Bluntz highlights that the Pepe price has formed a falling-wedge pattern and is nearing a breakout from the upper trendline, which could kickstart a bullish reversal to $0.000033.
$pepe breakout loading…..largest meme bag next to doge pic.twitter.com/8NJdpuRnHE
— Bluntz (@Bluntz_Capital) November 28, 2024
Popular analyst Astekz is also eyeing a flip of the $0.0000197 level, which he believes could pave the way for new all-time highs.
$PEPE – Tick tock, just need to get this flip and I think you can chase for a big pump https://t.co/xAe9E4HuDs pic.twitter.com/GJO5KyEBU2
— Astekz (@astekz) November 28, 2024
As such, Pepe’s fundamentals have improved considerably, following its Coinbase and Robinhood listing earlier this month. In fact, Coinbase officially extended Pepe trading to its New York users on Wednesday.
The meme coin also continues to show strong correlation with Ethereum. With the ETH price gearing up a major breakout to new all-time highs as well, Pepe could well be one of the best cryptos to buy as a beta bet on Ethereum.
Other frog-themed meme coins could also strong growth in the coming days. For instance, analyst Digital Nomad Woman highlights that the BOME price is moving within an ascending parallel channel and could see a strong bounce back from the lower trendline, forming a higher low structure in the process.
Chart Request $Bome pic.twitter.com/S1hfOXIzlk
— Digital Nomad Woman (@taqwaayub) November 28, 2024
However, the new meme coin Pepe Unchained is stealing the spotlight with its strong presale performance.
Pepe Unchained – Best Crypto To Buy Now?
Pepe Unchained has pushed past the $56.5 million mark in its presale, thanks to heavy whale bidding as mentioned earlier.
With less than 15 days remaining its presale, smart money investors aren’t waiting for its December launch to stack the meme coin.
Pepe Unchained’s upcoming Layer-2 launch has also appealed to retail investors, who will soon be able to enjoy extremely low trading costs, instant transactions and cutting-edge tools like custom DEX, ETH-PEPU bridge and advanced analytics dashboard.
The project is aiming to launch a new meme coin ecosystem on Ethereum, challenging Solana’s growing hegemony over the sector. For instance, it will soon unveil Pepe’s Pump Pad, a two-click meme coin launchpad, much like Solana’s Pump Fun.
Pump Fun has already established itself as a massive success and has launched billion-dollar meme coins like $PNUT and $GOAT. It has already seen nearly $80 million in revenue in November.
There is now reason why Pepe’s Pump Pad cannot replicate its success, especially since it caters to a much larger Ethereun user base. Unsurprisingly, smart money investors are bullish on PEPU’s upside potential, with many eyeing anywhere between 50x and 100x returns.
Even popular influencers like Nass Crypto, who has over 1 million YouTube subscribers, are impressed with its unique value proposition. His recent video has over 110k views in less than 24 hours, indicating the meme coin’s growing popularity.
Visit Pepe Unchained Presale
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