Pepe Coin, the latest talk in the crypto world, has surprised everyone by shooting up to levels never seen before. This meme coin, with its frog theme, has kept climbing, rising by almost 38% in the last week. This sudden jump has made investors very hopeful as the price of PEPE reached a new all-time high (ATH) of $0.00001097 yesterday.

At the same time, while Pepe Coin was soaring, a big investor, known as a whale, was seen making impressive profits. Despite not getting in early, this whale managed to make around $13.9 million in just three months. The data from Spotonchain shows that the whale, using the address 0xe7d0, made smart moves during Pepe Coin's recent surge.

Initially, the whale spent $1.56 million USDT to buy 1.40 trillion PEPE coins between December 2023 and February 2024. Then, when the price hit a record high yesterday, the whale sold 140.4 billion PEPE for 1.75 million DAI, basically getting back what was invested. Now, this address holds onto 1.26 trillion PEPE, which is worth $13.9 million in profit.

Meanwhile, Pepe Coin hit another ATH of $0.00001116. Despite some big sell-offs, the token managed to withstand the pressure and keep rising.

Pepe Coin's price saw a jump of 9.92% in the last 24 hours, reaching $0.00001099. The trading volume in the last day also went up by a whopping 91.82% to $3.81 billion.

This increase in price coincides with a rise in interest from investors, as shown by Coinglass data. The open interest (OI) for PEPE went up by 11.98% to $120.11 million, and the volume for derivatives rose by 24.06% to $2.52 billion. This shows that more people are trading and investing in Pepe Coin, which could keep pushing its price higher.

However, it's important to note that the RSI (Relative Strength Index) is showing signs of being overbought, sitting at 75. This suggests that there could be a correction or a drop in price soon, even though Pepe Coin's current trends are positive.

In conclusion, Pepe Coin has been on a wild ride, with its price surging to new heights. While a big investor managed to make a hefty profit, the market is showing signs of excitement and potential caution at the same time.