PEPE Surges 3% as Whales Accumulate Amid Altcoin Market Recovery
PEPE, the meme-inspired cryptocurrency, has seen a notable 3% price increase over the past 24 hours, driven by heightened trading activity and significant whale accumulation. The token's price oscillated between $0.0000099035 and $0.0000102814 before stabilizing around $0.00001043. This upward movement comes despite broader geopolitical tensions, with the CoinDesk 20 Index also showing signs of recovery. Whale holdings have grown by 1.75%, now totaling 303 trillion tokens, while exchange reserves have decreased by 2.9%, indicating a tightening supply. These developments suggest growing confidence among large investors and potential for further price appreciation. As of July 12, 2025, PEPE's resilience in the face of market uncertainties highlights its appeal as a speculative asset with strong community backing. The altcoin market's rebound, coupled with reduced exchange reserves, could pave the way for sustained gains in the NEAR term.
PEPE Gains 3% Amid Whale Accumulation as Altcoin Market Rebounds
PEPE, the meme-inspired cryptocurrency, climbed roughly 3% over 24 hours as trading volumes surged. The token fluctuated between $0.0000099035 and $0.0000102814 before settling near $0.00001043. Whales increased their holdings by 1.75%, now controlling 303 trillion tokens, while exchange reserves dropped 2.9%—a sign of tightening supply.
Market activity defied broader geopolitical tensions, with the CoinDesk 20 Index rising 2.6% despite looming U.S. tariff announcements. PEPE’s price stability above $0.000010200 reflects renewed speculative interest, though meme coins remain vulnerable to HYPE cycles and technical triggers.
PEPE Price Surges 10%, Eyes Breakout Amid Memecoin Rally
Memecoins are leading a broad crypto market rally, with sector capitalization jumping 6.45% to $59.94 billion. Pepecoin (PEPE) has emerged as a standout performer, gaining 10% to trade at $0.00001108 as whale activity signals growing institutional interest.
On-chain data reveals $90 million worth of Pepe accumulated by large holders since late June, coinciding with a 2.9% reduction in exchange reserves. The token now tests critical resistance at $0.0000123, with technical indicators suggesting potential for a move toward February's $0.000014 peak.
Market-wide momentum appears strong, with total crypto capitalization climbing 2.48% to $3.46 trillion. Trading volumes exceeding $140 billion reflect renewed risk appetite among investors, particularly in altcoin rotations.
Meme Coins Surge as Crypto Market Hits New Highs
The meme coin market capitalization has surged past $66 billion, reaching its highest level in nearly two months. Leading the charge is PEPE (PEPE), which has rallied 30% over the past week, outpacing both meme coin peers and traditional altcoins. The token's breakout from a weeks-long trading range, coupled with speculation about meme coin ETFs, has attracted significant whale activity—including a single purchase of 3 trillion PEPE.
Neiro ethereum has posted an 85% gain in 24 hours, while MemeCore, a new meme-themed blockchain, has jumped 57% to a $920 million market cap. Spot trading volumes for meme coins have skyrocketed 867% in a single day, reflecting rampant retail interest. The Crypto Fear & Greed Index now stands at 71, firmly in 'Greed' territory, as Bitcoin sets a new all-time high above $118,000.
