PEPE Surge Continues — Could This Be the First $1 Meme Coin?

Pepe (PEPE) has gone up 22.0% in the last week, riding a big wave of positive momentum in the crypto market as a whole.

For six days in a row, trading volumes have been over $1 billion. During this time, a total of $9.5 billion in PEPE has been moved. This shows that demand is rising and supports a positive Pepe price forecast in the near future.

The SEC recently accepted a filing from Canary Capital to launch a Pudgy Penguins (PENGU) ETF, which made some think that PEPE may be the next meme currency to get an ETF.

Since April 2025, open interest in PEPE futures has skyrocketed from $200 million to $685 million. This is a strong evidence that traders and investors are becoming more interested in the token.

PEPE will be the best meme currency of this cycle, and it may even flip Shiba Inu (SHIB) to become the second most valuable meme coin in the world.

Last Wednesday, PEPE broke over a crucial three-touch trend line resistance and then shot up the following day, hitting its 200-day EMA before entering a five-day consolidation period.

This price movement seems like classic accumulation, which might lead to a breakthrough toward the next liquidity objective at $0.00001600.

The 9-day and 21-day EMAs recently crossed over in a bullish way, which is a powerful buy signal known as a golden cross. This typically happens before big rallies higher.

Pepe's strong trade volumes, even while prices aren't moving much, signal that quiet accumulating is being on.

It may not reach $1 for a while, but there are hints that it will go up shortly.

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