#PEPE Continue to SurprisePepe Coin (PEPE), inspired by the famous meme "Pepe the Frog", has quickly become one of the most talked-about projects in the cryptocurrency world. Launched in 2023, PEPE has captured the attention of investors due to its meteoric rise and the characteristic volatility of meme coins. As of 09.05.2025, PEPE is among the top 30 cryptocurrencies by market capitalization, with a market value of over 3.6 billion USD, according to recent data.Why is PEPE special?Unlike other cryptocurrencies with technical utility, PEPE relies on the power of community and meme culture. The project promotes itself as "tax-free and transparent in its lack of utility", an approach that has resonated with investors attracted to simplicity and speculation. In 2023, PEPE created millionaires overnight, reaching an all-time high of 0.00002825 USD in December 2024.Recent performanceIn recent days, PEPE has recorded impressive gains, with a jump of over 41.5% in a single day, reaching 0.000011 USD. Analysts attribute this rally to massive accumulation by "whales" (major holders), who added 24 trillion tokens to their wallets since January 2025, a 20% increase. Additionally, a "cup and handle" pattern observed on charts suggests a potential rally of 60%, targeting the level of 0.000009 USD.Challenges and risksHowever, PEPE is not without obstacles. Its extreme volatility and lack of concrete utility make it vulnerable to sudden corrections. Recently, it faced resistance at 0.000009 USD, and analysts warn that a drop below key support could reverse the trend. Moreover, competition from other meme coins, such as Pepeto, which promises more utility, puts pressure on PEPE.
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