{"id":59697,"date":"2025-04-16T13:33:14","date_gmt":"2025-04-16T13:33:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=59697"},"modified":"2025-04-16T13:33:14","modified_gmt":"2025-04-16T13:33:14","slug":"interesting-hacker-activity-with-pepe-amid-bullish-price-predictions","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=59697","title":{"rendered":"Interesting Hacker Activity With PEPE Amid Bullish Price Predictions"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

PEPE has fallen out of people\u2019s scope in recent months due to the declining interest in meme coins, but there\u2019s a compelling development involving the token, according to Lookonchain.
\nFollowing a double-digit price resurgence over the past week, analysts are eyeing a further recovery due to the formation of a W pattern.<\/p>\n

5 wallets spent $4.28M to buy 611B $PEPE<\/a> in the past 8 hours.<\/p>\n

All 5 wallets withdrew $ETH<\/a> from #Tornado<\/a> ~15 days ago\u2014possibly linked to a hacker.<\/p>\n

Are hackers buying $PEPE<\/a>?<\/p>\n

Address:
\n0x5D058264e34e27eE1b4f852216Dc4AFC7c320e25
\n0x53abA3F792d6c8097a7169C8916B1C3f7975f5ed\u2026 pic.twitter.com\/8yUdFsUBVA<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) April 16, 2025<\/a><\/p>\n\n

Lookonchain informed that five wallets had spent nearly $4.3 million in the span of just 8 hours to accumulate more than 610 billion PEPE tokens. Interestingly, the on-chain analytics tool said the addresses withdrew ETH from Tornado Cash, which is typically used by fraudsters and hackers to mix funds, two weeks ago.<\/p>\n

PEPE, currently the third-largest meme coin with a market cap of roughly $3 billion, was among the biggest price gainers<\/a> after the US elections, skyrocketing from $0.00001 to an all-time high of $0.000028<\/a> in early December amid growing user adoption as well as a large number of exchanges listing it.<\/p>\n

Its price, alongside the rest of the meme coin niche, has experienced a severe downfall, currently trading 75% away from the peak even though it\u2019s up by 13% on a weekly scale.<\/p>\n

Moreover, its popularity took a hit after the launch of Donald Trump\u2019s TRUMP meme coin, which had surpassed<\/a> PEPE in terms of market cap after its release, and FARTCOIN, which has registered massive gains<\/a> lately.<\/p>\n

After several painful months, though, analysts have become bullish on the asset\u2019s future price trajectory. BOBO informed that PEPE has printed a \u2018clear double bottom \u201cW\u201d pattern across multiple lows,\u2019 which could suggest a major trend reversal if it clears the significant resistance at $0.000009 \u2013 25% away from the price today ($0.0000071).<\/p>\n

Remember when everyone was hyped about $PEPE<\/a>?<\/p>\n

On the higher time frame, $PEPE<\/a> has now landed on weekly support \u2014 and it\u2019s printing a clear double bottom \u201cW\u201d pattern across multiple lows<\/p>\n

If price can break out from here, it could confirm a major trend reversal. That would be\u2026 pic.twitter.com\/4eHxhI3rwM<\/a><\/p>\n

\u2014 BOBO (@BOBOObtc) April 15, 2025<\/a><\/p>\n\n

Bitcoinsensus noted that PEPE moves in mini cycles, and the next one to the upside is expected in August 2025. The analyst set a target<\/a> of $0.00009, which would mean a mindblowing surge of over 1,100% from current levels.<\/p>\n

The post Interesting Hacker Activity With PEPE Amid Bullish Price Predictions<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PEPE has fallen out of people\u2019s scope in recent months due to the declining interest in meme coins, but there\u2019s a compelling development involving the token, according to Lookonchain. Following a double-digit price resurgence over the past week, analysts are eyeing a further recovery due to the formation of a W pattern. 5 wallets […]<\/p>\n","protected":false},"author":0,"featured_media":59698,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-59697","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59697"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=59697"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/59697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/59698"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=59697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=59697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=59697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}