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PEPE Defies Market Odds with Resilient 8% Rally Amid Whale Sell-Off

PEPE Defies Market Odds with Resilient 8% Rally Amid Whale Sell-Off

Author:
PEPE News
Published:
2025-05-23 17:05:41
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[TRADE_PLUGIN]PEPEUSDT,PEPEUSDT[/TRADE_PLUGIN]

Despite a significant $15 million sell-off by a Robinhood-linked wallet, Pepe has showcased remarkable resilience with an 8% price surge in the last 24 hours. The meme coin’s ability to maintain key support levels and absorb large sell orders without immediate buyback activity hints at underlying accumulating demand. As of May 24, 2025, PEPE’s price stands at 0.00001515 USDT, signaling potential for further upside.

PEPE Defies Robinhood Sell-Off with 8% Rally, Signaling Potential Upswing

PEPE’s price surged 8% in the last 24 hours despite a $15 million sell-off by a Robinhood-linked wallet, demonstrating unexpected resilience. The meme coin held key support levels even as whales unloaded positions without immediate buyback activity.

Market analysts note the divergence between selling pressure and price action suggests accumulating demand. PEPE’s ability to absorb large sell orders without significant retracement points to underlying bullish sentiment among retail traders.

The rally occurs amid broader meme coin strength, with traders rotating capital into high-beta assets. Technical indicators now flash early signs of a potential trend reversal, though sustained volume remains crucial for confirmation.

Pepe Meme Coin Shows Resilience Amid Market Recovery

Pepe ($PEPE), the self-proclaimed ’most memeable meme coin,’ has reasserted its dominance as the third-largest meme cryptocurrency by market capitalization, now exceeding $6 billion. The token has staged a notable recovery after an 80% decline following the December 2024 market downturn.

Market observers note Pepe’s cultural significance and meme-driven appeal continue to fuel investor interest. The frog-themed token’s resurgence coincides with growing attention toward newer Pepe-inspired projects, including an AI-powered meme agent gaining traction in the sector.

Sub-$1 Meme Coins Show Explosive Potential Amid Market Dip

The cryptocurrency market, with a collective $3.6 trillion capitalization, has dipped 3.5%, yet sub-$1 meme coins are capturing attention for their parabolic potential. These tokens have historically delivered 100x returns within hours, and the meme coin sector—now valued at $79.1 billion—is up 2.5% daily, signaling early bullish momentum.

Among the contenders, PEPE ($PEPE) stands out, having already minted millionaires through its frog-themed legacy. The token exemplifies how meme-driven assets can defy broader market trends and rally aggressively when sentiment shifts.

|Square

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