Pepe, the widely popular memecoin, has grown 10.23% in the past 24 hours, reaching $0.00001263, and in the 30-day time frame, its price saw an addition of 55.14%.
According to the data from CoinMarketCap, the market capitalization of PEPE has reached $5.31 billion with an intraday surge of 10.21%, and trading volume has reached $1.05 billion with a surge of 42.09%.
Source: CoinMarketCap
It is widely said that the price of Pepe turned upwards as it has constantly mirrored bulls dominance from 31 May till June 02 and is expected to continue in further sessions.
As per data from TradingView in the monthly time frame, the expected resistance of Pepe is $0.00002690, followed by $0.00003339 and $0.00004389. In the same frame, its support levels are $0.00001639 and $0.00001420.
Probable reasons that pulled Pepe’s price upwards
In the past couple of days, Pepe price has shown a dramatic bullish momentum with currently trading above all important exponential moving averages, including 20, 50, 100, and 200 days.
Some Pepe supporters argue that the post of Donald Trump on Truth Social on May 28, 2025, has sparked a sharp rise in prices, also fueling speculations of a potentially broader rally.
Despite Trump’s post, the price seems to be supported by the whale accumulation of Pepe. Most recently, it was reported that a whale has bought PEPE worth millions of dollars.
Earlier in May 2025, it was reported that a Tesla owner had posted on X a picture of a Frog on a rocket, which pulled Pepe 38% upwards. It has also been reported that 2 trillion Pepe valued for roughly $27.9 million were moved from Bybit to a private wallet, and around 11.75 trillion tokens changed hands across several exchanges.
As per Etherscan, Pepe’s total holders are 445,461, which grew by 0.106% in the past 24 hours, and till June 02, 2025, total unique receivers were 3,215, and unique senders were 2,057.
The list of 1000 Pepe holders is led by Binance Hot Wallet 20, which holds 16.89% of the total supply of Pepe, followed by Robinhood and 0x93e…………… .B4.
Pepe’s total supply is 420.68 billion Pepe, and since its evolution till writing, it all-time high of $0.00002825 was recorded on December 09, 2024. Yet in the 52-week time frame, Pepe traded lowest at $0.055307 with a highest trading price of $0.00002825.
A quick overview of the memecoin category
When writing, the whole market of memecoins was $62.32 billion with a surge of 4.82% in the past 24 hours In the same frame, the volume of the market is up by 28%, reaching $6.48 billion.
Most visited memecoins intraday are A47, COCORO, ZEUS, PEPE, and SHIB, however, the gainers are PHIL, E, and JANET.
In terms of market capitalization, Dogecoin stands at the top of the list, followed by Shiba Inu, Pepe, Official Trump, Bonk, Fartcoin, SPX6900, and Dogwifhat.
