Latest PEPECOIN (PEP) Price Analysis

Deep Dive

1. Whale Accumulation (Bullish Impact)

Overview: On-chain data cited in a MEXC article (17 Sep 2025) noted whales removing trillions of PEP from exchanges, reducing immediate sell pressure.

What this means: Reduced liquidity often amplifies price swings. With 999.98M PEP in circulation, large withdrawals (~trillions) could signal strategic accumulation, prompting speculative buying from retail traders anticipating a squeeze.

What to look out for: Exchange reserve trends – further withdrawals might extend gains, while deposits could trigger profit-taking.

2. Presale Competition (Mixed Impact)

Overview: Based Eggman ($GGs), a Base L2 presale token, drew attention from PEPE holders (MEXC), raising $130k USDT.

What this means: While $GGs’ structured ecosystem contrasts with PEPE’s meme focus, the rivalry reignited discussions about PEPE’s 2023 peak ($0.000039 predictions resurfaced). This created a “nostalgia trade” effect, offsetting direct capital outflows.

3. Technical Momentum (Bullish Impact)

Overview: PEPE trades at $0.0024, 180% above its 7-day SMA ($0.000858).

What this means: Sustained price above key moving averages often signals bullish sentiment. However, the 24h volume drop (-61.89%) suggests weakening momentum – a break below $0.0025 (current pivot point) could invite corrections.

Conclusion

PEPE’s rise reflects supply shocks from whale moves and renewed speculative interest amid competitor narratives, though thin volume warrants caution. Key watch: Can PEPE hold above $0.0025 to sustain its 2025 Solana relaunch momentum?