PEPE Price Rally: Breakout to $0.000014 or Bull Trap?
The cryptocurrency market has seen a notable uptick, with the total market cap rising by 2.48% to reach $3.46 trillion, driven by $140.68 billion in trading volume as investor risk appetite returns. Memecoins have been at the forefront of this rally, posting a 6.45% increase to a collective market cap of $59.94 billion. Among these, Pepecoin (PEPE) has emerged as a standout performer, surging to $0.00001108. This rally is supported by strong on-chain metrics and a bullish technical setup. Notably, whales have accumulated 9 trillion PEPE tokens worth $90 million, significantly reducing exchange supply. The question now is whether PEPE can sustain this momentum and break through to $0.000014 or if this is merely a bull trap. With the current market dynamics and investor sentiment, PEPE's trajectory remains a focal point for traders and enthusiasts alike.
PEPE Price Surges 10%, Breakout to $0.000014 or Bull Trap?
The cryptocurrency market cap rose 2.48% to $3.46 trillion, fueled by $140.68 billion in trading volume as risk appetite returned. Memecoins led the charge, jumping 6.45% to a $59.94 billion market cap, with Pepecoin at the forefront of the rally.
Pepe surged to $0.00001108, backed by strong on-chain metrics and a bullish technical setup. Whales accumulated 9 trillion Pepe tokens worth $90 million, reducing exchange supply by 2.9%, signaling confidence in further upside toward $0.000014.
Whales Are Buying: Is Pepe the Next Big Crypto Breakout in July 2025?
Pepe surged 10% to $0.00001108 as whale accumulation and bullish signals point to a potential breakout. Over 9 trillion PEPE tokens worth $90 million were snapped up by large holders, while exchange supply dropped 2.9%—a classic accumulation pattern.
The meme coin's momentum coincides with a broader market uptick, with total crypto capitalization rising 2.29% to $3.47 trillion. Trading volume spiked to $140.68 billion as risk appetite returned, particularly for altcoins. Meme coins led the charge, their sector gaining 6.45% to $59.94 billion.
Technical indicators suggest Pepe could test resistance at $0.0000123. The token currently trades at $0.00001112, up 8.66% in 24 hours. Market watchers note the MOVE comes amid strengthening on-chain metrics and growing institutional interest in meme assets.
Pepe Coin's July 2025 Price Outlook: A Meme Coin's Volatile Journey
Pepe Coin (PEPE), the meme-inspired cryptocurrency featuring the iconic internet frog, has surged into the top three meme coins by market capitalization, trailing only Dogecoin and Shiba Inu. Despite its relatively recent launch in April 2023, PEPE has demonstrated remarkable volatility, with a notable price spike on July 9, 2025, following a sluggish performance in June and early July.
The coin's origins trace back to Matt Furie's 2005 Boy’s Club comics, where Pepe the Frog became a cultural phenomenon. Its transition into a crypto asset during the 2021 meme coin frenzy cemented its place in the digital currency arena. Now, traders are scrutinizing whether PEPE's July rebound signals sustained momentum or another fleeting rally.
Market sentiment around meme coins remains fickle, with PEPE's price action heavily influenced by social media trends and speculative trading. The absence of fundamental utility contrasts sharply with its market cap dominance, making technical analysis and community engagement critical to its short-term trajectory.
