PEPE Poised for Potential Rebound as Bullish Signals Emerge
Pepe (PEPE) is showing signs of a potential rebound, driven by extreme concentration among long-term holders and rising open interest in derivatives markets. According to Nansen, the top 100 wallets now control over 70% of the circulating supply, amounting to 306 trillion tokens. While PEPE's 23% monthly gain trails the broader meme coin sector's 39% average, derivatives traders are betting on increased volatility, with open interest surpassing $1 billion. This combination of concentrated holdings and growing market activity suggests that Pepe could be gearing up for a significant price movement. Investors and traders are closely watching these developments, as the token's unique positioning within the meme coin ecosystem may offer substantial opportunities in the near term.
PEPE Shows Bullish Divergence Amid Concentrated Holdings and Rising Open Interest
Pepe (PEPE) exhibits signs of a potential rebound as on-chain data reveals extreme concentration among long-term holders. The top 100 wallets now control over 70% of the circulating supply—306 trillion tokens—according to Nansen. While PEPE's 23% monthly gain lags behind the broader meme coin sector's 39% average, derivatives traders appear to anticipate volatility, with open interest surpassing $1 billion for the first time.
Technical patterns suggest accumulation rather than distribution. The token is forming an ascending triangle on weekly charts, with the RSI dipping to 34.6—a historical buy signal. Analysts note PEPE's highest weekly close in six months, with $0.000013845 acting as critical support. 'When whales hold and traders position for breakout moves, it's usually not a coincidence,' remarked one chartist tracking the MACD's flattening bearish momentum.
PEPE Price Surges on $90M Whale Accumulation as Double Golden Cross Signals Bullish Momentum
PEPE's market activity has drawn significant attention with a notable 9 trillion token accumulation by whales, valued at $90 million. This substantial buy-in reduced exchange supply by 2.9%, creating immediate upward pressure on prices.
Technical indicators further bolster the bullish case. A double golden cross formation emerged on July 22nd, coinciding with a breakout from a symmetrical triangle pattern—a classic combination signaling sustained momentum. PEPE perpetual futures volume reached $1 billion on Binance, reflecting strong institutional participation.
The token's 24-hour performance shows modest gains of +0.71%, but market structure suggests potential for continued appreciation. Large holders appear to be positioning for longer-term upside, with exchange outflows outpacing available liquidity.
Top Two Low-Cap Altcoins To Buy in 2025
As the cryptocurrency market gears up for another bull run in 2025, investors are scouting for low-cap altcoins with robust fundamentals. Two tokens—Aerodrome on Base Chain and BlackHole on Avalanche—are emerging as potential frontrunners in the next wave of DeFi innovation.
Aerodrome, a decentralized finance protocol on Ethereum's layer-2 network Base, is quietly outperforming peers in fee generation despite its modest total value locked (TVL). With Base's TVL climbing and stablecoin adoption gaining traction, Aerodrome's revenue dominance positions it as a hidden gem. The token's sideways trading since March suggests an accumulation opportunity, particularly if Bitcoin maintains stability.
BlackHole, a newcomer on Avalanche, is making waves with over $200 million in TVL and rapidly escalating fees. Its cross-chain bridge infrastructure—enabling seamless transfers of tokens like Pepe—sets it apart. Rumors of further ecosystem expansion add fuel to its breakout potential.