Pepe Coin Sees Increased Whale Activity Amid Market Volatility Frog-themed cryptocurrency Pepe has experienced heightened whale activity, with large transactions jumping 41% recently. Despite a 1% price drop in the last 24 hours, long-term holders have slightly increased their positions. The coin, valued at $0.000009328, remains the third-largest meme coin by market cap, behind Dogecoin and Shiba Inu.12