PEPE at a Critical Juncture: Can the Meme Coin Reclaim Its Highs by July 2025?
Pepe Coin (PEPE) is facing a pivotal moment as its price lingers near a crucial support level. After experiencing explosive growth earlier this year, traders are now questioning whether the frog-themed token can rebound to its previous highs by July 2025. Despite an active community and steadfast whale holdings, waning momentum has sparked concerns about PEPE's ability to rally without new utility or catalysts. Meanwhile, the emergence of Pepeto as a potential competitor adds another LAYER of intrigue to the meme coin market. This article delves into the current state of PEPE, its challenges, and the factors that could influence its future trajectory.
Pepe and Pepeto: Meme Coin Market at a Crossroads
Pepe Coin faces a critical juncture as its price hovers NEAR a key support level. After months of explosive growth earlier this year, traders are questioning whether the frog-themed token can reclaim its highs by July 2025. While the community remains active and whales continue holding, fading momentum raises concerns about PEPE's ability to rally without new utility or catalysts.
Meanwhile, Pepeto emerges as a potential challenger, buoyed by Elon Musk's frog-related social media activity and rumors of involvement from a former Pepe founder. The project's cross-chain exchange demo has gone live, showcasing zero-fee listings, multi-chain bridging technology, and high-yield staking options. With $5.3 million raised in presale and tier-1 exchange listings pending, Pepeto positions itself as the next potential 100x meme coin opportunity.
Pepe (PEPE) Coin Price Prediction: Critical Support Test Amid Volatility
Pepe (PEPE) hovers near $0.000000920, a 41% drop from recent highs, as traders debate whether the meme coin faces collapse or recovery. The 0.618 Fibonacci retracement level at $0.00000078 emerges as a decisive battleground—breaching it could trigger a 40% plunge toward $0.00000050.
Technical indicators flash caution: the RSI at 35 nears oversold territory, historically a precursor to short-term bounces. Yet bearish momentum dominates, with June 26’s 6% drop reflecting waning market enthusiasm. Whale accumulation and a latent bullish pattern hint at a potential retest of $0.000013, but sustained recovery requires reclaiming $0.00000150.
$1 Million Drained From Pepe NFT Projects in Coordinated Contract Hijack
NFT collections tied to Matt Furie, creator of the PEPE meme, and ChainSaw studio suffered a sophisticated contract hijack resulting in over $1 million stolen. Attackers gained deep access to mint functions, draining revenue and issuing new tokens across multiple days, leaving collectors reeling.
The breach began June 18 with the Replicandy contract takeover, where attackers quietly transferred ownership before emptying funds and flooding the market with new tokens. Analysis suggests the exploit may be linked to DPRK-affiliated actors who potentially infiltrated projects through employment channels.
