PEPE Surges 106% in a Month as Whale Accumulation and New Trading Pairs Drive Momentum

PEPE (Pepe Coin) has experienced notable activity and positive price movement over the past week, with its value rising to approximately $0.0000138 as of May 22, 2025, reflecting a 0.91% increase in the last 24 hours. The token has shown strong upward momentum, gaining 17.72% over the past week and 106.4% in the past month, and currently holds a market capitalization between $5.83 billion and $5.93 billion, ranking 22nd among cryptocurrencies.

Recent developments contributing to this performance include a significant transfer of 4.2 trillion PEPE to major exchanges, the introduction of new local currency trading pairs for PEPE in the Middle East and North Africa, and a rise in open interest in PEPE futures from $530 million to nearly $600 million, with funding rates turning positive. Increased whale accumulation and consistent higher lows since early April indicate growing investor confidence. Technical analysis suggests that if PEPE maintains momentum and breaks key resistance levels, further price appreciation is possible, with short-term forecasts projecting a potential rise to $0.0000156. Overall, the combination of heightened trading activity, positive market sentiment, and strategic exchange developments has supported PEPE’s recent gains.