PEPE Poised for 100% Rally as Bitcoin Nears $90K

The altcoin market is experiencing significant activity as Bitcoin approaches a breakout past the $85K resistance, currently trading at $85,939. This movement has sparked interest in other altcoins, particularly the frog-themed PEPE, which is showing bullish signs after a period of consolidation, reminiscent of its October rally that saw gains exceeding 100%.

PEPE, a meme cryptocurrency, is poised for a breakout after prolonged sideways price movements. Analysts are projecting an over 100% rally for PEPE, drawing parallels between its current structure and the pattern observed in October, which triggered explosive surges. World of Charts highlighted PEPE’s optimistic setup on the 24-hour chart, suggesting that the meme crypto could be on the verge of a significant price increase. Last week’s 20% price surge propelled PEPE through crucial resistance barriers with steady trading volumes, and analysts have observed a familiar pattern where months-long consolidation precedes sudden rallies. With meme cryptocurrencies gaining traction, PEPE appears ripe for massive gains. Notably, PEPE outperformed in 2024, netting over 1,400% year-over-year gains. While it has lost over 60% in Q1 2025, historical setups hint at sharp breakouts, similar to its 230% surge that saw PEPE hitting $0.00002597 on 14 November 2024. The meme token currently trades at $0.000007418 with a mild 0.85% surge in the past 24 hours.

Meanwhile, the mobile-first cryptocurrency platform Pi Network has opened access to its Ad Network to all decentralized applications (dApps) in its ecosystem. This strategic move represents a significant step toward monetizing the mobile-first blockchain, which boasts over 50 million pioneers worldwide. The Ad Network allows developers to integrate adverts and earn revenue in PI tokens, providing a lucrative monetization tool for developers while enhancing the user experience with more engaging applications that offer real-world utility. Previously, the project allowed a few dApps to leverage its ad Network, but it has now expanded access to all decentralized applications on its platform. This expansion aligns with Pi Network’s objective of enriching the Web3 economy through smartphone users. Developers gain access to a massive user base with lucrative monetization tools, while users enjoy more engaging applications with real-world utility. Moreover, pioneers will benefit from tangible product launches. The team stated that this moment marks a milestone in Pi platform-level utility, transforming the collective attention of Pi’s millions of Engaged Pioneers into a tangible, sustainable, and inclusive mechanism for supporting the Pi App ecosystem. Surprisingly, PI Coin plunged amidst the bullish developments, losing nearly 10% on its 24-hour chart to trade at $0.6733. However, digital assets flashed recoveries today as the global cryptocurrency market cap increased by 2% in the past 24 hours to $2.77 trillion. Bitcoin trades above $85K, hinting at upside breakouts to $90K. Analyst Michael van de Poppe expects rallies upon a $87K retest, suggesting that bulls should ensure a decisive closing above the $90K psychological market to support uptrends to fresh all-time highs.