PEPE’s Volatile Journey: Assessing the Future Outlook Amidst Recent Corrections

PEPE Just Collapsed 25% in 5 Days – Should You Sell Now or Buy the Dip?

PEPE coin’s two-week uptrend unraveled into a sharp 25% correction, fueled by market-wide FUD due to the next wave of Trump’s tariff war plans. However, PEPE surged 7% today, supported by a 15% increase in trading volume to $675 million. Some whales realized major losses after the decline, with one offloading $3.03 million worth of PEPE at a $434,000 loss.

PEPE Recovers, But Bearish Shadows Loom

The PEPE price action hinted at the potential end of a bearish trend, but holders who have held for three to six months have suffered significant losses, and on-chain activity for Pepe has been declining. The memecoin market, which has fallen by 15.1% in market capitalization over the past thirty days, has also been under pressure from bears. PEPE’s daily trading volume was 20% lower than a week ago and 45% lower than a month ago. While PEPE saw some volatility, with a 76% difference between its March high and low, failing on-chain activity and lack of accumulation hurt its bullish chances.

Whale Withdraws Large Amount of PEPE Tokens

Despite recent price drops, PEPE, a meme coin, is attracting significant attention from whales. On April 1, 2025, Onchain Lens reported that a whale withdrew 492 billion PEPE coins worth $3.74 million from Binance. Additionally, the whale holds 612.30 billion Shiba Inu (SHIB) worth $7.85 million, currently facing a loss of $4.125 million in SHIB. The wallet address associated with the withdrawal is 0xad74b09d6d2cb7227bd0969d9678373aaf6cbee2.