Recent data suggests that PEPE (CRYPTO:PEPE), a meme cryptocurrency, could see a significant price increase of up to 27%.

Despite recent price drops, optimism surrounds PEPE as large investors, known as whales, have been selling off their holdings, historically indicating an imminent rally.

With approximately $623 million worth of PEPE poised to become profitable, investors are hesitant to sell, further fueling expectations of a price surge.

While PEPE's current price is above a critical support level, reaching $0.0000100 remains a key target, signaling a potential rally if achieved.

However, failure to maintain support could lead to further losses for investors.