**đ Pepe Soars 50% in 24 HoursâMeme Coin Mania or Just the Warm-Up?**
Pepe ($PEPE ), the meme coin thatâs become *the* playground for crypto traders, just skyrocketed 45% in a single day, igniting a jaw-dropping âgod candleâ and turbocharging bullish price predictions. After a month trapped in a sideways slog between $0.50 and $1, PEPE has shattered its shacklesâand suddenly, itâs back on every âbest crypto to buyâ shortlist.
**Why Now?** The stars are aligning: easing market jitters from a US-UK trade deal and a cautiously hawkish FOMC meeting have thawed the crypto freeze. While most coins flatline, PEPE is stealing the spotlight. Futures traders are piling in, tooâ**$531 million in open interest** (the highest since Januaryâs post-inauguration frenzy) signals a market primed for volatility. Retail traders are back, FUD is fading, and optimism is bubbling.
**But WaitâIs This a Bull Trap?** Not everyoneâs buying the hype. The long/short ratio just dipped **below 1** (0.9992), meaning shorts now outnumber longs. Technicals scream caution: the daily RSI has rocketed to **82**, deep in overbought territory, hinting at buyer exhaustion. A pullback? Almost inevitable.
**History RepeatsâOr Does It?** Hereâs the twist: $PEPE âs chart mirrors its **265% mega-pump** earlier this year, when it broke out of a descending channel to smash all-time highs. Now, the weekly RSI has climbed above **50** for the first time since January, reviving hopes of a sequel. If the pattern holds, PEPE could target **$0.00042**âa **220% surge**âby year-end, bulldozing resistance levels that have loomed since mid-2024.
**Bottom Line:** PEPEâs rally is equal parts thrilling and precarious. Will it crash back to Earth or launch into meme coin legend? One thingâs clear: this frog isnât done jumping. đ¸ **Buckle upâor get left behind.**