Why did the price of PEPE go up?
Pepe (PEPE) increased by 5.06% in the last 24 hours, outperforming the overall crypto market, which rose by 2.82%. This growth is driven by large investors buying in, a technical rebound from oversold conditions, and growing interest in meme coins.
- Whale Accumulation – Big holders added 610 billion PEPE tokens (about $4.1 million), lowering the amount available on exchanges.
- Oversold Bounce – The RSI7 indicator dropped to 26.5, showing PEPE was oversold, which triggered a price rebound.
- Meme Rotation – PEPE’s social media presence doubled that of SHIB, indicating renewed attention.
Deep Dive
1. Whale Activity (Positive Sign)
Overview:
Investors holding between 100,000 and 10 million PEPE tokens increased their holdings by 610 billion tokens (roughly $4.1 million) over the past week. At the same time, the amount of PEPE held on exchanges fell by 2.3% to 248.1 trillion tokens (CryptoNews).
What this means:
When large holders accumulate tokens and exchange supplies decrease, it often signals less selling pressure and can lead to price increases. Notably, investor James Wynn took a 10x leveraged long position on PEPE, along with BTC and HYPE (AMBCrypto).
2. Technical Rebound (Mixed Signals)
Overview:
PEPE’s RSI7 (a momentum indicator) bounced from 26.5, which is considered deeply oversold, up to 31.3. The price also held steady at the 61.8% Fibonacci retracement level ($0.00000671). The MACD indicator suggests that bearish momentum is weakening.
What this means:
This rebound is typical after a token becomes oversold. However, PEPE’s price is still below key moving averages, such as the 7-day simple moving average (SMA) at $0.00000718, indicating some vulnerability. A close above $0.00000730 could confirm short-term strength.
What to watch:
The $0.00000718 resistance level is important—if PEPE breaks above this, it could trigger more buying.
3. Meme Coin Sentiment Shift (Positive Sign)
Overview:
PEPE’s social media dominance reached 2.9%, compared to SHIB’s 1.7%, according to LunarCrush. This has sparked talk of a “meme flippening,” where PEPE could overtake SHIB in popularity. Projects like Pepenode ($PEPENODE) have also contributed to the Pepe-themed excitement (Cryptonews).
What this means:
Retail investors are shifting their attention to PEPE as SHIB’s momentum slows. Still, the overall meme coin market is about 40% below its July highs, which means there’s still significant volatility.
Conclusion
PEPE’s recent price increase is driven by large investors buying in, technical factors encouraging buying, and growing interest in meme coins. While the outlook is positive in the short term, PEPE faces resistance levels and is still about 50% below its peak in 2025.
Key watch: Can PEPE stay above $0.00000718? Also, will Ethereum’s recent 6.89% price increase this week help boost meme coins further?
What could affect the price of PEPE?
The future price of PEPE (PEPE) depends on meme coin hype cycles, big investor moves, and overall trends in the crypto market.
- Meme Coin Volatility – Sensitive to changes in retail investor sentiment
- Whale Activity – Large holders moving $6 million or more can shift momentum
- Bitcoin Dominance – When Bitcoin gains strength, it often pulls liquidity away from altcoins
Deep Dive
1. Meme Coin Sentiment Swings (Bearish Risk)
Overview:
In October 2025, meme coins lost $28 billion during a market crash (TradingView). PEPE’s price dropped 21% in one week. Even though there has been some recovery, the sector is still about 40% below its July highs.
What this means:
PEPE holds just 0.078% of the total crypto market, making it vulnerable to sudden selloffs, especially when “Bitcoin Season” takes over (when the CMC Altcoin Index is at 25/100). Recent liquidations of $227 million in leveraged meme coin positions show that trading with borrowed money remains risky.
2. Whale-Driven Volatility (Mixed Impact)
Overview:
Despite price drops, the largest PEPE holders increased their holdings by 1.4% last week (Yahoo Finance). However, one whale sold $6.52 million worth of PEPE at a loss, indicating some strategic exits.
What this means:
Whales control 87% of PEPE’s supply. Coordinated buying by these large holders can spark price rallies, like the 150% rebound seen in May. But heavy sell orders near $0.00000950 create resistance that’s hard to break through.
3. Technical Make-or-Break Levels (Bullish Catalyst)
Overview:
PEPE is currently holding above a key support level at $0.000006, which previously led to a 360% price increase in late 2024. The weekly Relative Strength Index (RSI) is at 31.26, close to oversold levels that have historically preceded price bounces.
What this means:
If PEPE stays above $0.000006, it could retest $0.000011, offering about 63% upside. But if it falls below this support, the price might drop to April’s low of $0.00000367. The 200-day Exponential Moving Average (EMA) at $0.00001041 is a key resistance level to watch.
Conclusion
PEPE’s future depends on whether meme coin excitement returns and how much Bitcoin dominates the market. Whale buying and oversold technical signals suggest there’s potential for a rebound. However, PEPE needs ongoing social media buzz (its social dominance is up 71% compared to SHIB) to overcome broader market challenges. The key levels to watch are the $0.000006 support and Bitcoin’s dominance, currently at 58.64%. Can PEPE’s 437,000 holders weather the current “Fear” phase? Time will tell.
What are people saying about PEPE?
The PEPE community is divided between optimism over promising chart signals and concerns about large holders selling off. Here’s what’s happening right now:
- Traders are watching for a breakout above $0.000013 after a bullish pennant pattern forms
- Whales sold over $6 million worth of PEPE on Binance, raising worries about further price drops
- Rumors about a meme ETF are driving speculative buying, even as the overall market struggles
Deep Dive
1. @Crypto Bull: Pennant pattern suggests a possible 50% rally 🚀 bullish
"PEPE’s 4-hour chart shows a tightening pennant – a breakout above $0.000013 could retest May highs of $0.000015."
– @Crypto Bull (189K followers · 2.1M impressions · 2025-10-15 14:22 UTC)
View original post
What this means: This is a positive sign for PEPE. A pennant pattern is a technical chart formation that often signals a strong price move ahead. Traders are focusing on the $0.000013 level as a key point that could trigger a short-term price jump.
2. @Whale Alert: $6.5M PEPE sold on Binance 🐳 bearish
"609 billion PEPE tokens ($6.43 million) were deposited to Binance – the same whale has taken a $3.2 million loss in the past month."
– @Whale Alert (2.4M followers · 15M impressions · 2025-10-12 09:45 UTC)
View original post
What this means: This is a warning sign for PEPE. When large amounts of tokens move to exchanges like Binance, it often means big holders are preparing to sell. The whale’s recent losses suggest they are losing confidence, which could lead to more selling pressure.
3. @Altcoin Gordon: Meme ETF rumors heat up 🤔 mixed
"The SEC’s new crypto rules might allow PEPE ETFs in 6 to 12 months, but it’s still a ways off."
– @Altcoin Gordon (647K followers · 4.8M impressions · 2025-10-14 18:03 UTC)
View original post
What this means: This news is a mixed bag for PEPE. The possibility of an ETF could bring in big institutional investors, but it’s not expected anytime soon. Meanwhile, retail traders are buying in anticipation, even though the crypto sector has recently dropped about 40%.
Conclusion
The outlook for PEPE is mixed. Technical analysts see the $0.000011 to $0.000013 price range as a potential launchpad for gains, but data on large holders shows they are selling off, with recent sales yielding a -12.6% return on investment. Keep an eye on the BTC dominance index (58.64%)—if it falls below 55%, more money could flow into altcoins like PEPE. For now, PEPE’s future depends on whether meme ETF rumors can overcome broader market challenges.
What is the latest news about PEPE?
Pepe (PEPE) is navigating a rocky period in the meme coin market with big investors stepping in and growing social media attention. Here’s the latest update:
- Social Buzz Beats Shiba Inu (Oct 17, 2025) – PEPE’s social media mentions have doubled those of Shiba Inu (SHIB), showing a shift in trader interest.
- Meme Coin Market Drops 40% (Oct 16, 2025) – PEPE’s price fell 21% during a $28 billion market drop caused by U.S.-China trade tensions.
- Big Investors Buy the Dip (Oct 15, 2025) – Both retail investors and large holders are buying PEPE near key price support, signaling hopes for a rebound.
In-Depth Look
1. Social Buzz Beats Shiba Inu (October 17, 2025)
Summary:
According to LunarCrush, PEPE’s social media presence reached 2.9%, surpassing SHIB’s 1.7%, even though SHIB’s price performed better. Experts think this means interest in SHIB is fading while PEPE’s community is growing.
Why it matters:
This is a somewhat positive sign for PEPE. Increased social media activity often comes before price increases in meme coins. However, the market mood is still fragile, and for PEPE to keep rising, buyers need to hold the price above $0.000006. (CryptoNews)
2. Meme Coin Market Drops 40% (October 16, 2025)
Summary:
The total value of meme coins fell from $72 billion to $44 billion in just two days, wiping out gains made since July. PEPE’s price dropped 21%, similar to other coins like DOGE (-20%) and BONK (-22%). This crash was linked to increased tariffs between the U.S. and China, which caused $19 billion in crypto sell-offs.
Why it matters:
This is a negative sign in the short term, showing that PEPE is vulnerable to big economic events. Still, the market bounced back somewhat to $57 billion by October 18, showing some strength. PEPE’s trading volume also increased by 12% to $547 million, indicating renewed trader interest. (TradingView)
3. Big Investors Buy the Dip (October 15, 2025)
Summary:
Large PEPE holders with between 100,000 and 10 million tokens added 610 billion PEPE after the price drop. Whale wallets now hold about 15.42 trillion PEPE. Technical indicators show PEPE is testing the lower edge of a long-term price pattern, with momentum signs improving from oversold conditions.
Why it matters:
This is a positive sign if buying continues. Holding above $0.000006 could lead to a big price jump—up to 600%—toward $0.00005, based on chart patterns. But if PEPE fails to break above $0.000009 resistance, it could fall further. (CryptoNews)
Conclusion
PEPE is caught between negative market forces and growing support from social media and big investors. The key price range to watch is $0.000006 to $0.000009. A move outside this range will likely shape PEPE’s performance in the last quarter of the year. Will PEPE’s community and whale investors help it overcome broader market challenges?
What is expected in the development of PEPE?
Pepe’s plan is mainly about getting listed on more big exchanges and growing its community, but details are limited.
- Tier 1 Exchange Listings (Phase 3) – Working on getting listed on top exchanges.
- Meme Takeover Initiative (Phase 3) – Trying to grow its cultural presence through partnerships.
- Community-Driven Updates – No official roadmap, but big investors are buying, hinting at growth.
Deep Dive
1. Tier 1 Exchange Listings (Phase 3)
Overview: Pepe’s original plan had three phases, with the last one focused on getting listed on major exchanges. Pepe is already available on big platforms like Binance and KuCoin, but the team might be aiming for even more top exchanges to make it easier to buy and sell.
What this means: This is a neutral factor for Pepe. Getting on more big exchanges can help keep trading steady, but it might not push the price up unless Pepe gains more real-world use. Meme coins like Pepe often see price jumps around exchange listings because of hype.
2. Meme Takeover Initiative (Phase 3)
Overview: The final phase mentions a “meme takeover,” which probably means teaming up with other meme projects or tapping into popular culture trends. Pepe has shown strength even when the market drops, suggesting its community is active and engaged.
What this means: This could be positive in the short term if Pepe runs viral marketing campaigns. However, without real utility like token burns or staking options, the long-term outlook is less promising. Meme coins depend heavily on social buzz, and Pepe’s current setup limits its growth potential.
3. Community-Driven Updates
Overview: Pepe doesn’t have a formal plan after 2023, but blockchain data shows large holders (called whales) are buying a lot of Pepe tokens — about 4.02 trillion since February 2025. The project’s future growth depends on interest from everyday investors and overall market conditions.
What this means: This is a mixed signal with high risk. Whale buying might show confidence, but Pepe’s price has dropped 49% in the last 90 days and remains sensitive to market swings.
Conclusion
Pepe’s future depends on getting listed on more exchanges and staying popular in meme culture. However, without real use cases, it’s vulnerable to market ups and downs. With a huge supply of 420 trillion tokens and big investors accumulating, the question is whether Pepe can overcome its inflationary nature in a cautious crypto market.
What updates are there in the PEPE code base?
No recent updates have been made to PEPE’s codebase.
- No New Code Activity (2023–2025) – PEPE continues as a simple ERC-20 token without any protocol upgrades.
- Security Depends on Ethereum – PEPE relies on Ethereum’s Proof-of-Stake system for security.
Deep Dive
1. No New Code Activity (2023–2025)
Overview: Since its launch in 2023, PEPE has functioned as a straightforward ERC-20 token without any changes or improvements to its smart contract.
The project focuses more on its meme identity rather than technical development. Its plans mainly involve getting listed on exchanges and growing its community, rather than upgrading the token’s technology.
What this means: This keeps PEPE simple and true to its memecoin nature, but it may fall behind tokens that add new features or utilities.
2. Security Depends on Ethereum
Overview: PEPE’s security and transaction processing are fully handled by the Ethereum blockchain.
As an ERC-20 token, PEPE benefits from Ethereum’s network improvements, like the switch to Proof-of-Stake in 2022, but it doesn’t have its own technical upgrades.
What this means: This is positive for PEPE because Ethereum’s strong and secure network lowers technical risks, though PEPE itself doesn’t bring new innovations.
Conclusion
PEPE’s code remains unchanged, reflecting its role as a simple memecoin. While Ethereum’s stable platform offers security, the lack of development means PEPE may struggle to stand out over time. For the latest updates, check Pepe’s GitHub or official sources.