I just took a look at the on-chain data from $PEPE and found an interesting phenomenon:

Over the past 14 days, whale addresses holding more than 1 trillion coins increased by 12, while smaller addresses holding fewer than 100 million coins decreased by more than 8,000.

Translate this: Big players are accumulating; retail traders are panic-selling.

History is always surprisingly similar. Before the Oct 2023 $PEPE launch, it was the same structure—whales quietly buy, retail traders complain and sell in panic, and then a wave pulls it up 5x.

Of course, Meme coin risk is extremely high— it could be zero the next second. I followed it with a small position purely as a bet on this kind of accumulation/positioning structure.

Are you keeping an eye on $PEPE ? Or have you completely stopped messing with Memes?