The cryptocurrency market is regaining strength, with meme coins like Pepe Coin (PEPE) leading the charge. PEPE has surged by 7% in the last 24 hours, outpacing several competitors. Analysts suggest this could be the beginning of a much larger rally, potentially pushing the token up by 215%.
Whale Accumulation Sparks Pepe Coin Surge
With Bitcoin’s recent price rebound, investor confidence is returning to the market. Whale activities have notably influenced PEPE’s price surge, as three major investors acquired 689.79 billion tokens worth approximately $4.3 million.
According to on-chain data from Lookonchain:
- Wallet 0x7A7D spent 1,413.4 ETH ($2.72M) to acquire 437.7B PEPE.
- Wallet 0x9212 purchased 158.58B PEPE for $1M.
- Wallet 0x7779 bought 93.51B PEPE for 299 ETH ($574K).
These large purchases indicate growing confidence among institutional investors, often a precursor to strong bullish momentum.
3 wallets bought 689.79B $PEPE($4.3M) ~11 hours ago.
— Lookonchain (@lookonchain) March 12, 2025
The funds of these 3 wallets all come from #TornadoCash.
0x7A7D spent 1,413.4 $ETH($2.72M) to buy 437.7B $PEPE.
0x9212 spent $1M to buy 158.58B $PEPE.
0x7779 spent 299 $ETH($574K) to buy 93.51B $PEPE.
Address:… pic.twitter.com/rhFpg3X8wv
Current Market Performance & Key Levels
As of now, PEPE is trading at $0.000006319, reflecting a 6.53% increase in the past 24 hours and a 16% rebound from its recent low of $0.000005326. The token boasts a $2.65 billion market cap, with $885.06 million in 24-hour trading volume.
Despite the uptick, PEPE remains below its 200 EMA, meaning a confirmed bull run has yet to materialize. Analysts highlight $0.0000062 as a crucial support level—if sustained, it could fuel further gains.
Pepe Coin Price Prediction: A 215% Breakout?
Technical indicators present mixed signals. While PEPE’s moving averages suggest bearish pressure, increasing buy volume and declining sell volume hint at a potential bullish divergence.
If bullish momentum strengthens, PEPE could:
- Surge 90% to $0.000012 (Stage 2 resistance).
- Reach $0.00002, marking a 215% rally from current levels.
However, short-term downside risks persist, and investors should monitor RSI trends and breakout confirmations before making moves.
The bull run took a brutal and unexpected hit, but that doesn’t mean it’s over. Sooner or later, the market will stabilize, $PEPE will hit new highs, and everyone will be celebrating—especially those who are buying now. Just like in 2021, the biggest celebrations came from those… pic.twitter.com/vKsKafxB8P
— Chandler⚡️ (@ChandlerCharts) March 11, 2025
Given the whale accumulation and bullish sentiment, PEPE presents an attractive opportunity. However, the crypto market remains volatile, and liquidation risks exist. A confirmed bullish breakout could validate a long-term uptrend, making PEPE a token to watch closely.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
Also Read: Pepe Coin Whale Dumps 262B PEPE, Redirects Focus to ONDO
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