Pepe All Set to Breakout as Milady Whales Amass $20 Million

PEPE, the popular memecoin, could potentially break out of its resistance zone as market sentiment shifts, according to Crypto Tony. The token has mostly been trading horizontally this week, but Crypto Tony believes it may enter an Adam & Eve reversal pattern, indicating a potential trend reversal from bearish to bullish. Although PEPE surged at the beginning of May, it has done relatively little since the weekend and is currently 61% down from its all-time high from 11 days ago.
Meanwhile, Milady (ladys), a memecoin inspired by the Milady NFT collection, has seen a significant price surge since its launch earlier this month. The top 10 holders of ladys tokens, known as whales, hold over 176 trillion ladys coins, making up roughly 20% of the total supply with potential profits exceeding $20 million. These whales have gained 3,091% with a weighted average purchase price of $0.0000000037604 per token and a current price of approximately $0.00000012 according to CoinGecko data. As always, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content.

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