PEPE the Frog Coin (PEPE) Rallies 58% as Whales Accumulate, Targeting 'SHIB/DOGE 2021 Levels'

PEPE/USD is continuing its rally on Thursday, up 58% over the past 24 hours amid new exchange listings.

Pepe (CRYPTO: PEPE) is continuing its rally on Thursday, up 58% over the past 24 hours amid new exchange listings.

Whales Accumulating Pepe: Lookonchain data shows that whales are accumulating the meme coin. One whale withdrew 197.39 billion PEPE (worth $4.8 million) from Binance after the Coinbase and Robinhood listing. Another wallet accumulating PEPE was identified by Onchain Lens, with 751.59 billion PEPE ($17.89 million) added to the wallet.

Pepe Outperforming Meme Coin Rivals: Pepe has outperformed its rivals Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) this week, with both meme coins showing single-day losses.

Crypto trader Smiley Capital is bullish on Pepe, suggesting it could reach "SHIB/DOGE 2021 levels" and expects a 5-10x gain from current levels, expecting a "generational top."

Trader Daniel Got Hits highlighted the Robinhood listing as being particularly influential. Got Hits noted that the listing is significant because Robinhood reaches an audience beyond just crypto-focused platforms, adding "Coinbase is just crypto, Robinhood is basically every dude under 40 in America."

Got Hits also noted that Got Hits believes the Pepe listing on Robinhood will have a "profound" impact on the token's price.

MaxBecauseBTC echoed the sentiment, seeing Pepe as the "why didn't I buy it" regret of this cycle and predicting it could eventually hit a $50 billion market cap. He compares Pepe to Shiba Inu after its Coinbase listing.

Friendly reminder of what happened to $SHIB when @coinbase listed it for trading...$PEPE is just getting started!

Statistics: Pepe added 1,787 new holders in a day, as of November 13. Its trading volume surpassed $18 billion, flipping Solana (CRYPTO: SOL) in the process. With single-day gains of around 58% and increased volume, Pepe currently leads the meme coin market based on past 24-hour trading volume.

Community News: Upbit Korea announced support for Pepe trading effective November 14.