📈 Market Snapshot (as of May 7, 2025)

Current Price: Approximately $0.00000817 USD

24-Hour Trading Volume: Over $558 million

Market Cap: Ranked #36 on CoinGecko

Circulating Supply: 420 trillion PEPE tokens

Despite a 70% drop from its December 2024 peak of $0.00002825, PEPE has shown resilience with a recent 6% uptick in daily trading volume, indicating renewed market interest.

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🐋 Whale Activity & Market Sentiment

Recent data reveals that large holders, or "whales," have accumulated over 1.1 trillion PEPE tokens in early May, increasing their holdings from 147.34 trillion to 148.46 trillion. This accumulation suggests a bullish outlook among major investors.

Additionally, the MVRV-Z score has dropped to -0.638, a level historically associated with significant price rebounds, indicating that PEPE may be undervalued and poised for a potential rally.

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📊 Technical Analysis & Price Predictions

Bullish Indicators: PEPE has formed a double-bottom pattern, a bullish technical signal. A breakout above the neckline at $0.00000921 could propel the price toward $0.00001465.

Bearish Risks: Conversely, if PEPE fails to maintain support levels, analysts warn of a #potential decline to as low as $0.0000009618, marking a 90% drop from current prices. #pepe #BearishAlert