PEPE News: Major Token Transfer by PEPE Team to New Wallet and Binance

The PEPE team has made a significant move by transferring a large amount of $PEPE tokens to a new wallet and subsequently to Binance, marking a pivotal moment for the meme token.

PEPE Team Transfers $2.17M in $PEPE to New Wallet and Binance

The multi-sig wallet of the PEPE team, managed by the official PEPE Coin community (@pepecoineth), transferred 170 billion $PEPE tokens, valued at approximately $2.17 million, to a new wallet address two days ago. This significant transaction highlights a major event in the lifecycle of the popular meme token. Following this, the new wallet transferred 6 billion $PEPE tokens, worth $76.65K, to the cryptocurrency exchange Binance within the past 15 hours.

PEPE Recovery Hits A Wall: Can Bulls Smash Through $0.00001313?

PEPE bulls are aiming for a breakout, but face a significant resistance at the $0.00001313 level. This level has previously acted as a barrier, and a failure to break through could lead to increased selling pressure and a potential downturn. A successful breakout, however, could renew bullish dominance and lead to further gains. The coming trading sessions are crucial in determining PEPE's next major price movement.

Is Pepe Price Bottoming Out?

Pepe reached a new all-time high (ATH) of $0.000028 on December 9, 2024, but the price began to decline afterward. Some whales have started selling their Pepe holdings. The last quarter of 2024 was positive for PEPE, but the price dropped sharply to $0.000014 on December 20 and attempted several times to consolidate above $0.000020. The decline continued in 2025, with PEPE falling to $0.000011. The outlook for Pepe remains uncertain, with some community members critical and others arguing it is too early to call the project dead. Pepe remains one of the top five meme coins by market capitalization, currently ranked third with a $5.4 billion market cap.