Latest Pepecoin (PEP) News Update

Deep Dive

1. Market Metrics & Recent Surge

PEP’s price rose 23.77% in 24h (to $0.000693) and 178% over 7 days, with trading volume up 130% to $1.09M. This aligns with broader memecoin rallies, as seen in a July 25 report noting PEP’s 46.9% single-day spike (CoinMarketCap). Turnover (volume/market cap) sits at 1.6%, indicating moderate liquidity.

2. Community & Technical Developments

• NFT traction: PEP’s OpenSea collection surpassed 480 ETH ($1.5M+) in volume, driven by community art (@pepecoins).
• Layer 1 differentiation: PEP operates on its own proof-of-work chain, contrasting with Ethereum-based PEPE, attracting early investors eyeing exchange listings (Cryptofront News).
• Mining halving: ViaBTC announced reduced PEP block rewards (15,625 → 10,000) starting June 30, 2025, potentially tightening supply (ViaBTC).

Conclusion

PEP’s rally reflects memecoin volatility and niche community appeal, but the upcoming halving and reliance on speculative trading pose risks. How might reduced mining rewards impact PEP’s supply dynamics and long-term miner participation?

Deep Dive

1. Sentiment Overview

Traders are euphoric after PEP’s 284% monthly gain (CoinMarketCap), but caution lingers due to its 25.44% intraday volatility. The Fear & Greed Index at 64 (“Greed”) aligns with meme coin frenzy, though liquidations of PEP-linked derivatives during Bitcoin’s rally (14 July) highlight fragility. Long-term holders emphasize risks like ViaBTC’s mining reward cut from 15,625 to 10,000 PEP per block (ViaBTC), which could pressure miner participation.

2. Key Discussion Themes

• PEP vs. PEPE Confusion: Traders frequently mix up PEP (native Layer 1 chain) with Ethereum-based PEPE, creating artificial demand. This fueled a 46.9% single-day pump (25 July) but risks abrupt corrections if clarity emerges.
• NFT Momentum: PEP’s OpenSea collection hit 480 ETH volume (21 July), driven by community art, though critics argue this lacks utility beyond speculation.
• Exchange Risks: Gate.io’s May 2025 delisting of PEP’s “smol pepe” SOL-based variant (Gate.io) remains a cautionary tale for liquidity dependency.

3. Platform-Specific Insights

• Twitter/X: Dominated by hype around PEP’s “Ronin samurai” branding and NFT drops, with minimal technical discussion.
• Telegram: Traders share leveraged strategies targeting $0.000023 resistance (per May 2025 analysis), but warn of stop-loss cascades.
• Developer Forums: Sparse activity, raising concerns about PEP’s roadmap beyond meme culture compared to rivals like Dogecoin.

Conclusion

PEP’s sentiment hinges on balancing meme virality with blockchain fundamentals—watch for sustained NFT engagement and miner activity post-halving.
What catalyst could transition PEP from a speculative vehicle to a utility-driven project?