How much PEPE open interest fell?

PEPE open interest has dropped by about $835 million from its July high, falling to around $165 million recently, according to a media report citing derivatives data (PEPE futures OI now near $165 million).

1. This is an estimated 83.5% decline, from about $1 billion in July to $165 million now.
2. Exchange inflows increased by roughly 7.4 trillion PEPE tokens since November 6, indicating selling pressure (exchange inflows detail).

Deep Dive

1. Magnitude

PEPE futures open interest—the total value of active futures contracts—fell from about $1 billion at its July peak to roughly $165 million in late November. That’s a drop of around $835 million, or 83.5%, according to a media summary of derivatives data (PEPE futures OI near $165 million).

Open interest reflects how much money is currently tied up in futures contracts. When it drops sharply, it usually means traders are reducing risk by closing positions or cutting back on leverage. Since numbers can vary depending on the exchange and currency used, these figures should be seen as general trends rather than exact amounts.

What this means: The amount of borrowed money or leverage behind PEPE trading has significantly decreased. Lower open interest can lead to less price volatility in the short term but also suggests fewer traders are speculating—unless new money comes back into the market.

2. Drivers

Data from the blockchain and exchange activity show signs of selling pressure. Since November 6, about 7.4 trillion PEPE tokens have moved into exchange wallets, which usually means more tokens are available to sell (exchange inflows detail). During this time, market sentiment turned cautious, with large holders (often called whales) moving tokens to exchanges, matching the drop in open interest mentioned above.

This pattern fits with a broader trend of weakness in meme coins and a general market shift where traders reduce futures exposure as more tokens become available on exchanges.

What this means: The combination of more tokens on exchanges and lower open interest suggests sellers currently have the advantage. For a lasting turnaround, we’d need to see tokens flowing out of exchanges and open interest rising again, along with improved market sentiment.

Conclusion

PEPE’s open interest has sharply decreased by about $835 million since July, and more PEPE tokens have recently moved onto exchanges. Together, these signs point to traders reducing risk and increased selling pressure. If exchange inflows slow down and open interest starts to grow again alongside better sentiment, the market could stabilize. Until then, speculative trading activity is likely to remain subdued.

What could affect the price of PEPE?

PEPE balances the ups and downs typical of meme coins with changes in the overall crypto market.

1. Big Holder Activity vs. Exchange Token Movement – Mixed signals about confidence from large investors
2. Meme Coin Market Mood – Risk appetite depends on Bitcoin’s market share (58.7%)
3. Technical Chart Patterns – A falling wedge pattern vs. warning signs from momentum indicators

Deep Dive

1. Big Holder Activity & Exchange Token Flow (Mixed Effects)

Overview:
The amount of PEPE tokens held on exchanges jumped to 258.7 trillion in November 2025, indicating over $32 million worth of potential selling pressure, according to Nansen. At the same time, the top 100 PEPE wallets added 500 billion tokens in the last quarter of 2025, showing that big investors were buying during price dips.

What this means:
These conflicting signals suggest short-term price swings. If large holders keep buying, they might offset panic selling by smaller investors. But if the price falls below $0.0000040, it could trigger a chain reaction of forced sales.

2. Meme Coin Market Mood (Bearish Outlook)

Overview:
PEPE’s price movement over the past 30 days closely matches SHIB, with a correlation of 0.89. This means PEPE is vulnerable to the same market trends affecting meme coins, especially as Bitcoin’s dominance rises to 58.7%, according to the CMC Fear & Greed Index.

What this means:
When Bitcoin gains market share (“Bitcoin Season”), meme coins like PEPE tend to underperform. PEPE has lost 52% over the last 60 days, similar to SHIB’s 70% drop this year. Investors are shifting money into Bitcoin and Ethereum ETFs, which now hold $122 billion, putting pressure on riskier altcoins.

3. Technical Chart Patterns (Bullish Signs)

Overview:
PEPE’s daily price chart shows a “falling wedge” pattern, with support holding steady at $0.0000040 since February 2024. The MACD indicator turned positive on November 28, signaling a possible shift in momentum.

What this means:
If PEPE breaks above the wedge resistance at $0.0000052, it could rally 60% to around $0.0000083. However, the Relative Strength Index (RSI) is at 36, indicating the coin is oversold and needs confirmation before a strong upward move.

Conclusion

PEPE’s future depends largely on Bitcoin’s market dominance and whether the meme coin sector recovers. While technical indicators suggest a possible bounce from oversold levels, the coin’s 77% loss over the past year calls for caution. It’s important to watch if PEPE can hold the $0.0000040 support long enough for large investors to push it above $0.0000052 resistance. Also, keep an eye on the deflationary token burns—93.1% of the 420 trillion supply is locked up—which might help reduce selling pressure on exchanges.

What are people saying about PEPE?

PEPE’s price chart shows mixed signals—traders are watching important price levels while big investors (whales) are making moves. Here’s what’s happening:

1. Price stuck in a range near $0.00001110 with some downward pressure
2. Whales buying large amounts hinting at possible accumulation
3. Showing strength despite a 28% drop over the past month

Deep Dive

1. @TechnicalAnalysis: PEPE Tests Key Support Zone Bearish

"PEPE is stuck between $0.00001110 and $0.00001160 resistance. If it falls below $0.00001100, it could drop another 5–7%."
– @TechnicalAnalysis (8.97K followers · 12.2K impressions · 2025-08-18 00:19 UTC)
View original post
What this means: Short-term outlook is negative as PEPE struggles to stay above important support. If it breaks below $0.00001090, it might trigger automatic sell orders, pushing the price down further.

2. @ChainWhisperer: Whale Buys 500B PEPE Bullish

"Durov’s purchase of 50,000 TON tokens linked to PEPE meme has sparked rumors of big investors accumulating. 500 billion PEPE tokens moved off exchanges."
– @ChainWhisperer (29.1K followers · 8.4K impressions · 2025-08-14 23:10 UTC)
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What this means: When whales move large amounts of PEPE off exchanges, it reduces the supply available for trading. This could help stabilize or increase prices if demand picks up, although PEPE is still 52% below its highest price in the last 60 days.

3. @MemeMetrics: Buy Orders Outpace Sellers Neutral

"The order book shows 55% of orders are buy orders at the $0.00001016 support level. Despite a tough month, the one-year return on investment is still +26.7%."
– @MemeMetrics (17.3K followers · 6.9K impressions · 2025-08-20 04:06 UTC)
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What this means: Retail investors are hopeful for a price rebound, but broader market challenges—like Bitcoin’s dominance at 58.7% and a low crypto fear index of 20/100—limit how much PEPE can rise right now.

Conclusion

The outlook for PEPE is mixed, balancing short-term risks with signs that whales are accumulating. The price range between $0.00001100 and $0.00001160 is critical. PEPE’s future also depends on Bitcoin’s performance—watch Bitcoin’s $58,000 support level closely. If PEPE closes above $0.00001250 on the weekly chart, it could break the current downtrend and aim for $0.00001380. Also, watch for another large withdrawal of PEPE from exchanges (around 1 trillion tokens), which would indicate serious buying activity.

What is the latest news about PEPE?

Pepe is facing mixed signals right now—a new meme project just raised $7 million, but technical indicators suggest there could be more downside ahead. Here’s the quick update:

1. Pepeto Presale Raises $7M (Nov 29, 2025) – An anonymous team behind Pepeto sparks questions about its legitimacy.
2. PEPE Tokens Flood Exchanges (Nov 26, 2025) – Large holders are selling over $32 million worth of PEPE, raising concerns about a sell-off.
3. Technical Warning Signs (Nov 24, 2025) – Analysts warn PEPE could drop 18% if it falls below key support at $0.0000040.

In-Depth Look

1. Pepeto Presale Raises $7M (Nov 29, 2025)

What happened:
Pepeto, a new meme coin on the Ethereum network calling itself the “god of frogs,” raised $7 million in a presale. The team is completely anonymous, and there’s no public audit of their code yet. They plan to build features like staking (earning rewards by holding tokens), cross-chain bridges (moving tokens between blockchains), and a meme exchange. However, critics worry because there’s no vesting schedule (which usually prevents early investors from selling all their tokens at once) and the project seems to rely heavily on social media hype.

What it means for PEPE:
This development is neutral for Pepe. Pepeto’s success might pull some attention away from PEPE, but its risky setup could make PEPE look like a safer option in the frog-themed meme coin space. On the flip side, if Pepeto fails, it could hurt the overall sentiment for frog-themed tokens.
(Source: Coinspeaker)

2. PEPE Tokens Flood Exchanges (Nov 26, 2025)

What happened:
The amount of PEPE tokens held on exchanges reached a 30-day high of 258.7 trillion tokens. Big holders, often called whales, have sold over 8 trillion tokens—worth more than $32 million—since early November. This selling pressure matches a 75% drop in PEPE’s price from its peak earlier in 2025. Meanwhile, futures trading activity has dropped by 83% since July, showing less interest from traders betting on PEPE’s price moves.

What it means for PEPE:
This is a bearish sign. More tokens on exchanges usually means holders are getting ready to sell, and less futures activity suggests traders are losing confidence. However, sometimes heavy selling (capitulation) can lead to a price rebound if buyers step back in.
(Source: CryptoNews)

3. Technical Warning Signs (Nov 24, 2025)

What happened:
Analysts from INDODAX see PEPE as bearish after it lost half its value since October. The key support level is $0.0000040, which has been tested twice this month. This price point also matches a “fair value gap” from February 2024—a technical term meaning there’s a price imbalance that could cause more selling if broken.

What it means for PEPE:
This is a neutral-to-bearish outlook. The $0.0000040 level might hold and cause a bounce, but weak trading volume and hidden signs in the Relative Strength Index (RSI) suggest any rallies might not last. Traders will be watching to see if PEPE can close above $0.0000046, which would reduce the chances of further drops.
(Source: INDODAX)

Conclusion

Pepe is facing challenges from new competitors, big sellers, and technical weaknesses. Still, because meme coins are known for their volatility and oversold conditions, surprises are possible. The key price range to watch is between $0.0000040 and $0.0000046—this will give clues about whether PEPE will bounce back or continue downward.

What is expected in the development of PEPE?

Pepe’s roadmap is guided by its community and includes some hopeful goals.

1. Listing on Major Exchanges (2025–2026) – Planning to make Pepe easier to buy and sell.
2. Meme Takeover Campaign (Date Not Set) – Aiming to grow Pepe’s presence on social media.
3. Keeping No-Tax Policy (Ongoing) – Making transactions simple and fee-free.

Deep Dive

1. Listing on Major Exchanges (2025–2026)

Overview:
Pepe’s plan includes three phases, with the last phase aiming to get listed on big, well-known exchanges like Coinbase or Kraken. Right now, PEPE is already available on popular platforms like Binance and KuCoin (CoinMarketCap). However, there’s no confirmed timeline for these new major exchange listings. Recent price ups and downs, along with a 77% drop in market value over the past year (as of November 2025), might make it harder to secure these listings.

What this means:
This is a neutral point for PEPE. Getting on major exchanges could make it easier to trade and increase visibility, but it depends on the exchanges’ approval and market conditions. Any delays or refusals could hurt confidence in the coin.

2. Meme Takeover Campaign (Date Not Set)

Overview:
Part of Pepe’s plan is a “meme takeover,” which probably means using social media trends, teaming up with meme-focused platforms, or adding NFTs (digital collectibles). However, there aren’t many details, and the anonymous team hasn’t updated this plan since 2023.

What this means:
If done well, this could be positive by bringing more attention and new users. But without a clear plan or schedule, it’s uncertain, especially since fewer people are actively using Pepe on the blockchain (a 42% drop in active users since July 2025).

3. Keeping No-Tax Policy (Ongoing)

Overview:
PEPE doesn’t charge any transaction fees, which sets it apart from other meme coins like Shiba Inu. This makes buying and selling easier but means the project doesn’t earn money from trades to fund improvements.

What this means:
This is neutral in the long run. The no-tax policy attracts traders but means Pepe relies on donations or outside funding for future development, which could be a challenge for sustainability.

Conclusion

Pepe’s future depends on how well it can carry out its meme-focused plans amid decreasing hype and tough market conditions. While getting listed on major exchanges and viral social media campaigns could help, the lack of new technology or clear team communication limits growth. The big question is whether Pepe’s cultural popularity can last beyond just being a speculative trend.

What updates are there in the PEPE code base?

I wasn’t able to find useful information to answer this question right now. The CoinMarketCap team is continuously updating my crypto knowledge, so if any important details become available, I should have them soon. In the meantime, please feel free to choose another question or cryptocurrency for analysis.

Why did the price of PEPE go up?

Pepe (PEPE) increased by 1.41% in the last 24 hours, slightly outperforming the overall crypto market, which rose by 0.51%. This gain shows some technical strength after a long period of decline. However, mixed signals from large investors (whales) and overall market mood suggest it’s best to stay cautiously optimistic.

1. Technical Rebound – Indicators show PEPE was oversold and are now signaling a short-term buying opportunity.
2. Whale Activity – Big holders have been buying more PEPE, even as smaller investors sold.
3. Market Sentiment – Extreme fear in the market may have encouraged some investors to buy against the trend.

1. Technical Rebound (Positive Signs)

Overview: PEPE’s price stabilized around $0.0000040, an important support level since February 2024, after falling 52% over two months. Key technical indicators like the RSI (Relative Strength Index) and MACD (Moving Average Convergence Divergence) are showing signs of less selling pressure.

What this means:

• The RSI moving up from oversold levels suggests buyers are coming back.
• A “falling wedge” pattern, which often signals a potential price reversal, has been spotted (source). If PEPE stays above $0.0000040, this could lead to further gains.

What to watch: If PEPE breaks above the 7-day Simple Moving Average (SMA) at $0.000004557, it could push toward the 30-day SMA at $0.00000526.

2. Whale Activity (Mixed Signals)

Overview: Data shows that large investors added about 8 trillion PEPE tokens (worth roughly $32 million) to exchanges in November. Meanwhile, bigger wallets have been accumulating PEPE, balancing out selling from smaller investors.

What this means:

• Positive side: Whale holdings increased by 5% last month (Santiment), helping absorb selling pressure.
• Risk side: More PEPE tokens flowing into exchanges (258 trillion vs. 250 trillion on Nov 6) could mean whales might sell if market sentiment worsens.

3. Market Sentiment (Neutral Outlook)

Overview: The Fear & Greed Index for crypto hit “Extreme Fear” (score of 10) on November 22, which historically can be a signal to buy. However, Bitcoin’s dominance at 58.68% limits the potential for altcoins like PEPE to rally strongly.

What this means:

• PEPE’s 7-day gain of 9.58% suggests some investors are willing to take risks on meme coins despite overall caution.
• Lower trading volume ($206 million in 24 hours, down 5% from the previous day) means price swings could be more volatile.

Conclusion

PEPE’s recent bounce shows signs of technical recovery and support from large holders, but its future depends on holding key price levels and slowing the flow of tokens onto exchanges. Key question: Can PEPE maintain support at $0.0000040 while Bitcoin remains dominant? Keep an eye on whale activity and Bitcoin’s next moves for clues.

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