PEPE Surges 9.57% Amid Whale Accumulation and Record Trading Volume, Ranks 22nd by Market Cap

Pepe Coin (PEPE) has experienced notable positive momentum over the past 24 hours, with its price increasing by approximately 9.57% and significant trading activity observed. The asset’s recent surge is accompanied by strong market interest, substantial trading volume, and renewed attention within the broader meme coin sector.

As of May 19, 2025, PEPE is trading near $0.00001271, with a 24-hour trading volume of 57,747.46 billion tokens and a market capitalization of $5.55 billion. The token ranks 22nd among cryptocurrencies by market cap, reflecting its strong position in the digital asset market. Over the past week, PEPE has shown a 17.72% increase, despite a 7.44% decline observed the previous day. The price fluctuated between a low of $0.00001254 and a high of $0.00001415 in the last 24 hours.

The recent price increase appears to be driven by several factors. A limited-time promotion on Binance, allowing users to claim PEPE tokens through the Rewards Hub, has likely contributed to heightened retail engagement. Additionally, significant whale activity has been reported, including a large withdrawal of 2.209 trillion PEPE tokens from Binance, making the address involved the second-largest non-blacklisted holder on the PEPE chain. This accumulation by large holders and increased trading activity have coincided with the overall positive sentiment toward meme coins, positioning PEPE as an outperformer among its peers and supporting its recent upward price movement.