PEPE Soars 55% in 4 Days – Whale Accumulation Sparks Volatility Fears

Pepe (PEPE) has experienced a dramatic 55.82% surge this week, hitting a four-month high of $0.0000139 after climbing from a local low of $0.0000075. The memecoin’s rally is driven by intense buying pressure, with whales accumulating a staggering 21.18 trillion tokens in just 24 hours. This activity mirrors historical patterns that often precede sharp corrections, raising concerns among traders. Technical indicators further amplify these worries, as PEPE’s Relative Strength Index (RSI) has reached 83, signaling an overbought condition. As of May 11, 2025, the cryptocurrency market watches closely to see if PEPE can sustain its momentum or face a potential pullback.

PEPE rockets 55% in 4 days – Whale Activity Sparks Volatility Concerns

Pepe (PEPE) has surged 55.82% this week, reaching a four-month high of $0.0000139 after climbing from a local low of $0.0000075. The memecoin’s rally reflects intense buying pressure, with whales accumulating 21.18 trillion tokens in 24 hours—echoing historical patterns that often precede sharp corrections.

Technical indicators flash warning signs. PEPE’s Relative Strength Index (RSI) hit 83, signaling overbought conditions. While buyer dominance persists, the extreme RSI level suggests exhaustion may trigger heightened volatility. Market participants are weighing whether whale accumulation represents genuine conviction or a liquidity trap for retail traders.