PEPE News: Memecoin PEPE Surges 11% and Eyes 25% Further Growth
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The world’s third-largest memecoin, Pepe [PEPE], has experienced a significant price surge, gaining 11% on March 26th as the crypto market begins to recover. Technical analysis suggests that if PEPE can maintain its current momentum and hold above a crucial resistance level, it could see another 25% rise in value.
PEPE grows 11% – Potential for Another 25% Rise?
Pepe [PEPE], the frog-themed and world’s third-largest memecoin, has seen an impressive 11% gain on March 26th as the overall crypto market showed signs of recovery. This notable price surge follows the breakout of a crucial resistance level that PEPE has been facing from a descending trendline since early February 2025. According to technical analysis, if PEPE holds above the $0.0000080 level, it could soar by another 25%. The rally is attracting long-term holders, indicating growing confidence in the asset.
PEPE at Launch vs. Today: $500 Investment Analysis
The cryptocurrency industry previously thrived with dog-themed meme coins, with Shiba Inu (SHIB) emerging as a Dogecoin (DOGE) killer. Amidst this, PEPE, a frog-themed meme coin, made its debut with significant price changes. Over the past 24 hours, PEPE rose by 1.21%, trading at $0.000008537. This was achieved despite most assets in the market being on a downtrend. The meme coin managed to rise by nearly 12% throughout the past seven days.
PEPE – Will whale interest reverse the memecoin’s 60% loss?
Pepe [PEPE] has seen renewed whale interest, which could have partly fueled its recent rebound. According to Spot On Chain, a newly created wallet withdrew 500B PEPE worth $4.3M from Binance. An early PEPE buyer, who had already minted 110% on the memecoin, withdrew 506.2B tokens worth $4.4M, increasing his long bet. AMBCrypto reported that PEPE whale activity surged 170% this week, scooping up 14.5 trillion tokens. This impact was evident on the price chart, showing a 63% recovery in March. However, weak market interest and technical indicators suggest that bulls aren’t out of the woods yet.