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PEPE’s Meteoric Rise: 72% Surge Signals Strong Bullish Momentum

PEPE’s Meteoric Rise: 72% Surge Signals Strong Bullish Momentum

Author:
PEPE News
Published:
2025-05-12 23:15:44
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[TRADE_PLUGIN]PEPEUSDT,PEPEUSDT[/TRADE_PLUGIN]

PEPE has experienced an extraordinary 72% price surge in the past week, reaching $0.00001431 and boasting a market cap of $6.02 billion. The bullish momentum shows no signs of slowing, with a 10% gain in the last 24 hours alone. Technical indicators like the RSI at 74.66 and MACD crossover suggest sustained buying pressure, while the ADX reading of 71.88 confirms the trend’s strength. This rally highlights PEPE’s growing prominence in the crypto market as investors flock to capitalize on its upward trajectory.

PEPE Price Surges 72% Amid Strong Bullish Momentum

PEPE has skyrocketed 72% in the past week, trading at $0.00001431 with a market capitalization of $6.02 billion. The rally shows no signs of slowing, with a 10% gain in the last 24 hours underscoring sustained buying pressure.

Technical indicators paint a robust picture: the RSI at 74.66 signals overbought conditions typical of powerful uptrends, while the MACD crossover and ADX reading of 71.88 confirm trend strength. Key resistance levels have flipped to support, suggesting bulls remain firmly in control.

Volatility remains elevated as Pepe continues its parabolic move. The meme coin’s breakout appears organic, with on-chain metrics and derivatives data pointing to genuine demand rather than speculative froth.

Meme Coin PEPE’s 2023 Rally Sets Stage for New Contender Dawgz AI in 2025

Early investors in PEPE, once ridiculed for backing a frog-themed meme coin with no utility, watched it defy expectations in 2023. The token’s viral momentum and community-driven HYPE catapulted it into headlines, minting millionaires from modest bets. Market observers now draw parallels to Dawgz AI, an emerging project blending meme culture with artificial intelligence narratives.

PEPE’s ascent from obscurity to top-tier meme status underscores a recurring crypto dynamic: assets dismissed as jokes often outperform when retail enthusiasm aligns with speculative fervor. The coin’s 2023 breakout, fueled purely by social traction rather than fundamentals, has become a case study in altcoin market psychology.

Pepe Coin Surges 68% Amid $1M Short Liquidations, Eyes New ATH

Pepe Coin (PEPE) rallied 68% last week to $0.00001453, breaching both the 200-day EMA and the 61.80% Fibonacci retracement level. The memecoin’s bullish momentum triggered $1 million in short position liquidations, with futures Open Interest approaching $600 million—a clear signal of escalating Leveraged trading activity.

Spot markets mirrored the frenzy, recording $18.55 million in net inflows despite profit-taking pressures. Technical indicators now suggest a potential breakout trajectory toward record highs, building on its 155% ascent since March.

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