Pepe (PEPE) is a meme coin on the Ethereum blockchain, based on the image of the frog Pepe from Matt Furie's comic 'Boy’s Club'. Launched in April 2023, PEPE has become one of the largest meme coins, competing with Dogecoin and Shiba Inu. Without utility and an official roadmap, its popularity is driven by social media hype and speculation.
- Price (June 11, 2025): ~$0.0000118.
- Market capitalization: ~$4.96 billion (top 3 meme coins).
- Trading volume (24h): ~$1–$1.6 billion, down from the peak of $5.3 billion (November 2024).
- News:
- Donald Trump's post on Truth Social (May 29) triggered a 5% rise, but then the price fell by 15%.
- Launch of Future Pepe — a new meme coin with an AI scanner and audit (Q1 2026), aimed at protection against scam projects.[
- Whale Alert reported a transfer of 2 trillion PEPE from Bybit (May 27), coinciding with a price increase of 4.44%.
- Glauber Contessoto, the 'Dogecoin millionaire', became the 'Pepe millionaire', owning $1.116 million in PEPE.
Technical analysis
- Current situation: The price has fallen by 36% from the May peak of $0.000016, trading at $0.0000118. A cup-and-handle is forming on the daily chart, with an upper boundary of $0.00001622 and a lower one of $0.0000052, indicating a potential bullish breakout.
- Key levels:
- Support: $0.0000113–$0.0000115 (50-day EMA). A break may lead to $0.0000104.
- Resistance: $0.000016, then $0.000026 (target on breakout).
- Indicators:
- RSI (daily): ~40–45 (close to oversold, a rebound is possible).
- MACD: Below the signal line after the 'death cross', but bullish divergence hints at a reversal.
- SMA: Bullish crossover of the 50-day SMA above the 150-day SMA (June 4) signals growth.
- Volumes: Decrease from $1.63 billion (May 29) to ~$1 billion, but the increase in holders (446,000 vs. 366,000 in January) shows accumulation.
- Chart: The price is testing $0.0000118 in the 'handle' of the cup. A break of $0.000016 may provide momentum. See on TradingView (PEPE/USDT) or CoinMarketCap.
Fundamental factors
- Positive:
- The increase in the number of holders (+1780 in a day, June 1) and the accumulation of 'smart money' support demand.
- The decrease in exchange supply to 105.33 trillion (the lowest since 2022) indicates HODLing.
- Social hype, including Trump's posts and activity on X, continues to drive the price.
- Risks:
- The exit of whales (137.4 trillion vs. 166 trillion previously) creates selling pressure.
- Lack of utility and dependence on hype make PEPE vulnerable to dumps.
- Bearish long-to-short ratio (0.86) reflects bets on a decline.
Recommendations
- Traders: Buy when holding $0.0000115 (target $0.000016–$0.000026, stop-loss $0.0000104). Sell on a break of $0.0000113 (target $0.0000104).
- Investors: High risk due to volatility and lack of utility. Consider only speculative positions, wait for news about the hype.
- Monitoring: Follow X (@pepecoineth) and charts on TradingView. Beware of scam airdrops and fake NFTs.
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