PEPE Eyes $0.00001120 as Bullish Signals Emerge Amid Market Consolidation
PEPE, the meme-inspired cryptocurrency, is showing signs of a potential bullish reversal despite recent weekly losses. Currently trading steadily at $0.00000927, technical indicators suggest an imminent breakout. The Bollinger Bands and MACD are displaying tightening conditions, hinting at increased volatility ahead. A confirmed breakout above the $0.00001007 resistance level could propel Pepe toward higher targets at $0.00001050 and ultimately $0.00001120. On the downside, strong support sits at $0.00000883, with a breach potentially leading to a test of the $0.00000820 level. As of June 29, 2025, traders are closely watching these key levels for the next significant move in PEPE's price action.
PEPE Price Builds Strength, Targeting $0.00001120 After Bullish Signals
PEPE holds steady at $0.00000927, signaling potential reversal despite recent weekly losses. Bollinger Bands and MACD show tightening conditions, indicating a possible breakout in either direction soon.
A confirmed breakout above $0.00001007 could send PEPE toward $0.00001050 and $0.00001120 resistance targets. Strong support remains at $0.00000883; breaking below may trigger a downside move to the $0.00000820 level.
Pepe is currently trading at $0.000009266 with a 24-hour volume of $483.28 million and a market value of $3.89 billion. Having noted a 7.30% depreciation throughout the week, the token has maintained day-to-day price stability, with market eyes set on its potential to reverse recent losses.
Traders are closely monitoring consolidation action and technical indications, both signaling the likely imminent price direction. Narrow trading range and moderate volume at the moment indicate indecision, while support from the token’s healthy baseline offers confidence of resilience over global volatility.
Pepe NFT Projects Hacked by North Korean Operative Steals Over $1 Million
Pepe NFT projects associated with Matt Furie, creator of the iconic Pepe the Frog, have been compromised in a sophisticated cyberattack attributed to North Korean operatives. The breach resulted in losses exceeding $1 million, with the Lazarus Group suspected as the perpetrator. Blockchain analyst ZachXBT linked the attack to known North Korean crypto laundering methods.
The hacker infiltrated projects by posing as IT staff at Chainsaw and as CTO at Favrr, hijacking minting contracts and crashing floor prices. Matt Furie's Replicandy collection was among those affected. This incident highlights critical security vulnerabilities in Web3 project management, particularly around third-party developer vetting.
While Furie has historically distanced himself from unauthorized uses of his Pepe character in crypto, his recent foray into official NFT collaborations with Chainsaw appears to have made him a target. The attack underscores the growing sophistication of state-sponsored crypto theft and the need for enhanced security protocols in digital asset projects.
Meme Coin Market Shifts Away from Celebrity Influence as PEPE Fails to Rally Despite Elon Musk Tweet
The meme coin sector is undergoing a structural transformation as celebrity endorsements lose their market-moving power. PEPE's muted 3% gain following Elon Musk's June 19 tweet featuring Pepe the Frog underscores this paradigm shift—a stark contrast to previous instances where Musk's social media activity triggered triple-digit rallies.
Market data reveals PEPE continued its descent post-tweet, bottoming at $0.000008 before partial recovery. This trajectory confirms growing investor sophistication, with projects now requiring substantive utility rather than viral HYPE to sustain momentum. The detachment from influencer-driven volatility suggests meme coins may finally be graduating from speculative assets to more mature market participants.
