PEPE Price Surges Amid ETF Filing and Whale Activity

The PEPE token has experienced a significant surge in price following an ETF filing by Canary Capital and large-scale whale activity. According to Santiment, whale wallets absorbed 1.23 trillion PEPE tokens in one session, causing the pepe coin price prediction to shift from patient to pressing.

Canary Capital filed an S-1 with the SEC on April 8 for a spot PEPE exchange traded fund, triggering a 10% rally that outpaced BTC in the same week. On-chain data from BeInCrypto tracked whale addresses adding 1.23 trillion tokens worth $4.36 million in one session, the biggest load of the year.

PepetoSwap, a trading network built for normal buyers, offers zero-cost trades and risk scoring to protect capital. The presale is currently open with a staking APY of 177%, allowing positions to grow before the listing begins.