Dogecoin News Today: Whale Buys 650 Billion PEPE Tokens Driving 56 Price Surge

A massive whale has recently acquired 650 billion PEPE tokens over the past 30 days, sparking renewed interest in the meme coin and speculation about a potential price surge. The bulk of the accumulation occurred in chunks of about half a million USDT, with the total value of the purchase reaching 2 million USDT [3]. This activity has pushed the PEPE price up by 56% in just seven days, reaching $0.000015 [1]. Traders are now watching closely to determine whether this whale-driven movement will lead to a sustained bullish trend or merely a short-term spike.

The whale accumulation comes at a time when PEPE has been consolidating in a tight trading range. On-chain data shows that the buying occurred during a period of relatively low volatility, suggesting that large investors are positioning themselves ahead of a potential market move [4]. Technical indicators, such as the Bollinger Bands, reflect volatility compression, a common precursor to a sharp directional move. The immediate resistance level is at $0.00001200, a level that traders are watching closely. A clean break above this threshold could propel the price toward $0.00001400, aligning with some of the more optimistic price projections [1].

Analysts from CoinCodex and Changelly have offered mixed short-to-mid-term forecasts. While some expect PEPE to reach $0.000014 by 2026, others remain cautious about the coin’s long-term viability [2]. A more ambitious projection from MEXC envisions the price hitting $0.001 by 2030, though this would require significant adoption and possibly regulatory developments such as a meme coin-based ETF [7]. Despite the bullish signals, the absence of fundamental upgrades or ecosystem growth has led to concerns that the current price movement is largely speculative [5].

Whale activity remains the most tangible indicator of interest in PEPE. Multiple sources have reported similar figures and timeframes, reinforcing the idea that large-scale buying is indeed underway [1][3]. However, the market remains cautious, with many traders waiting to see whether this buying is part of a long-term strategy or a temporary pump. The recent 56% increase in a week has raised both excitement and skepticism among investors.

As the debate continues, the future of PEPE will likely depend on whether whale activity continues and whether the token can maintain relevance in a rapidly evolving crypto market. The coming weeks will be crucial in determining whether the recent buying spree translates into a more sustained rally or if the market will move on to the next hype-driven asset.

Source:

[1] title1: Pepe price nears big move as whales buy 650 billion coins (url1: https://crypto.news/pepe-price-nears-big-move-as-whales-buy-650b-coins/)

[2] title2: Where Will PEPE And SHIB Stand 1 Year Later? Experts ... (url2: https://blockchainreporter.net/pepe-price-prediction-where-will-pepe-and-shib-stand-1-year-later-experts-say-layer-brett-will-rule/)

[3] title3: Pepe Token Sees 650 Billion Whale Accumulation, Price ... (url3: https://www.ainvest.com/news/ethereum-news-today-pepe-token-sees-650-billion-whale-accumulation-price-56-7-days-2508/)

[4] title4: Whales Just Grabbed 650 Billion PEPE Tokens (url4: https://thetradable.com/crypto/whales-just-grabbed-650-billion-pepe-tokens-price-prediction-shows-65-rally-incoming-0--v)

[5] title5: PEPE & Dogecoin Fail the Challenge, Unilabs (UNIL) ... (url5: https://coincentral.com/pepe-dogecoin-fail-the-challenge-unilabs-unil-leads-with-70-gains-in-august-2/)

[6] title6: Are Pepe And Dogecoin Prices Slipping Because ... (url6: https://www.mitrade.com/insights/news/live-news/article-3-1064212-20250824)

[7] title7: Best Crypto To Buy Now: Why Layer Brett Could Offer ... (url7: https://www.mexc.co/fil-PH/news/best-crypto-to-buy-now-why-layer-brett-could-offer-greater-gains-than-pepe-coin-and-ethereum-in-q3/70260)