Pepe (PEPE/USD) has surged 45% over the past week, surpassing Shiba Inu (SHIB/USD) and Dogecoin (DOGE/USD) in trading volume and price performance. This rally aligns with renewed optimism in the meme coin sector as Bitcoin crosses $100,000 and market sentiment turns bullish.
Performance Snapshot
| Cryptocurrency | Price | Market Cap | 24-Hour Trend | 7-Day Trend |
|---------------------|------------|-------------|--------------|------------|
| Pepe (PEPE) | $0.059378 | $3.9B | +14.4% | +45% |
| Dogecoin (DOGE) | $0.1840 | $27.4B | +6.6% | +3.3% |
| Shiba Inu (SHIB)| $0.00001350| $7.95B | +5.2% | +0.09% |
Why Pepe Is Gaining Momentum
- Technical Breakout: Analysts note PEPE broke free from a descending daily channel, forming higher highs and lows—a classic bullish pattern. Previous similar setups preceded major rallies.
- Ethereum Correlation: PEPE’s strength mirrors Ethereum’s rise, with traders eyeing key support zones for potential swing entries.
- Retail Interest: With Bitcoin’s milestone, risk-on sentiment could drive retail investors toward high-growth meme coins.
👉 Discover how Pepe compares to other top meme coins
Trader Insights
- CJ: Warns of a short-term pullback but highlights PEPE’s resilience amid Ethereum’s uptrend.
- DexGemsReal: Predicts a "god candle" could propel PEPE past rivals, citing historical breakout patterns.
- James Wynn Real: Calls this PEPE’s "most bullish phase in months," citing upcoming exchange listings and community growth.
Key Metrics
- Large Transactions: Increased by 30.7% in 24 hours.
- Holder Profitability: 46% of PEPE holders are currently in profit.
FAQ
Q: What’s driving Pepe’s rally?
A: Technical breakouts, Ethereum’s performance, and renewed meme coin interest.
Q: Could PEPE surpass DOGE and SHIB?
A: Analysts see potential if bullish patterns hold and retail demand surges.
Q: Is now a good time to invest?
A: Traders advise monitoring support levels for optimal entry points.
👉 Explore meme coin strategies for 2025
Pepe’s recent outperformance highlights its potential to lead the next meme coin cycle. With strong technicals and growing community backing, it’s one to watch.