PEPE Faces Volatility Amid Whale Accumulation and Market Anxiety
PEPE experienced a 3% drop in the past 24 hours as traders engaged in heavy selling, despite signs of whale accumulation. The token's price fluctuated between $0.00001169 and $0.00001268, with volatility hitting 7.74%. Trading volume surged to 3.47 trillion tokens, indicating large liquidations or rapid repositioning. This activity reflects renewed anxiety in the cryptocurrency market and significant profit-taking, with PEPE stalling near resistance at $0.00001206.
PEPE Drops 3% Amid Heavy Selling Despite Whale Accumulation
PEPE fell nearly 3% in the past 24 hours as traders offloaded tokens in unusually high volumes, reflecting renewed anxiety in the cryptocurrency market and significant profit-taking. The token's volatility hit 7.74%, with prices swinging between $0.00001169 and $0.00001268 before stalling near resistance at $0.00001206.
Trading volume surged to 3.47 trillion tokens, signaling large liquidations or rapid repositioning. The sell-off aligns with broader market weakness, as the CoinDesk 20 Index dropped 2.95% and the Memecoin Index slid 3.9%.
Whale activity tells a different story. Ethereum-based Pepe holders increased their positions by 1.4% over the past week, now controlling 305.26 trillion tokens. Exchange reserves, meanwhile, declined by 1.14% to 251.2 trillion.
PEPE Surges 6% as Memecoin Rally Defies Market Volatility
PEPE led a memecoin charge with a 6% surge to $0.00001285, weathering wild swings between $0.000011981 and $0.000013081. The CoinDesk Memecoin Index outpaced broader crypto gains, climbing 7.12% versus the CoinDesk 20 Index's 3.3% rise.
Traders defended the $0.000012600 support level with conviction, absorbing sell pressure that triggered algorithmic reversals NEAR $0.00001286. Exchange balances dwindled 2.6% over 30 days as 4.6 trillion PEPE changed hands—a volume that eclipses many mid-cap equities.
Pepe (PEPE) Price Surges 32% Amid Whale Accumulation and Market Optimism
Pepe Coin (PEPE) has staged a dramatic comeback, rallying 32% in recent days to reach $0.0000138—its highest level since July 11. The frog-themed meme coin now stands nearly 60% above its June lows, fueled by surging trading volumes exceeding $9.4 billion over six days.
On-chain data reveals whales have increased holdings by 11.8%, now controlling 9.19 trillion PEPE tokens. This accumulation coincides with the memecoin index outperforming broader crypto markets, rising 7.12% as speculative enthusiasm returns to the sector.
Technical indicators suggest growing momentum, though questions remain about sustainability. The rally positions PEPE as a potential leader in the next meme coin wave, with market participants watching whether this breakout marks the beginning of a larger trend.