Meme token PEPE has roared back into the spotlight after its price surged more than 6% in under 24 hours, with trading activity skyrocketing.
The token jumped from $0.000009138 during the rally, briefly touching resistance at $0.000009681 before consolidating near $0.000009600, as per CoinMarketCap data.
Volume Surge and Whale Activity
Daily trading volume spiked to 5.61 trillion tokens, nearly triple the 30-day average of 1.89 trillion. According to Nansen, this surge followed heavy whale accumulation, with the top 100 non-exchange Ethereum addresses adding 3.4% to their PEPE holdings over the past month.
Meanwhile, exchange wallets saw a 2% decline in balances, hinting that coins are moving into long-term storage.
This shift reflects growing confidence from larger investors, with open interest in PEPE futures climbing toward $639 million as per CoinGlass data.
PEPE Price Analysis: Symmetrical Triangle Near Breakout
The weekly chart shows PEPE consolidating within a symmetrical triangle pattern. Price has been squeezed tightly between lower highs and higher lows, setting the stage for a decisive move.
A breakout above resistance at $0.000009681 could trigger a run toward the $0.00002500–$0.00003000 zone.
A measured move projection from the triangle points to a potential rally as high as $0.00004061, representing over 400% upside.
However, a failure to hold support around $0.00000900 risks a breakdown, with potential downside toward lower support levels.
Source: TradingView
Meanwhile, currently at 47.16, the RSI is suggesting neutral momentum with room for either a bullish breakout or a bearish reversal. Also, the MACD is flattening near zero, showing that momentum is coiling but not yet committed in either direction.
As PEPE Reaches Critical Point, PEPENODE Presale Raises $1.6 Million
With whales accumulating, volumes surging, and technical patterns nearing completion, PEPE is at a crossroads.
At the same time, PEPENODE ($PEPENODE) is flipping the script on crypto mining – no expensive hardware, no technical skills, and no massive electricity bills.
Instead, it lets anyone join the mining game with just a few clicks by building virtual server rooms and launching digital nodes from any device.
The idea is simple: the more you upgrade your virtual setup, the more rewards you earn – and everything happens online, like a game.
This fresh, fun approach has already caught serious attention, with the presale raising over $1.61 million so far.
And with the next price increase just hours away, early buyers are rushing in to secure their spot before it jumps again.
To sustain long-term growth, PEPENODE incorporates strong deflationary mechanics. Around 70% of the tokens used for node purchases and upgrades are burned, steadily reducing supply and potentially increasing scarcity over time.
As an ERC-20 token built on Ethereum, $PEPENODE enjoys compatibility with existing wallets, decentralized exchanges, and DeFi platforms.
Early backers will also have the chance to rake in 809% in staking rewards.
To buy $PEPENODE, simply visit the official PEPENODE website and connect a supported wallet like Best Wallet.
Once done, follow the instructions to complete your purchase at just $0.0010831 per coin.
You can use existing crypto or a debit/credit card to complete the transaction.
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