PEPE Surges 54.7% in a Month, Driven by Bullish Sentiment and Trading Volume

Crypto FrenzyWednesday, May 28, 2025 7:45 pm ET
2min read

Pepe's latest price was $0.00001400, up 0.778% in the last 24 hours. The cryptocurrency has been gaining significant attention in the market, with recent developments highlighting its growing popularity and market sentiment. The token has seen a surge in trading volume, with figures peaking at $2.8 billion in a single 24-hour window. This explosive demand has driven significant momentum for PEPE, as it has emerged as the standout performer among top meme coins, posting impressive monthly gains of 54.7%. The market's overall recovery has favored meme coins, with bulls triggering a strong short squeeze on mid-sized assets in this category.

Data from Coinglass shows that open interest in PEPE futures has been surging since March 10, moving from around $166 million to a yearly record of $700 million just six days ago. This bullish activity confirms a positive outlook for PEPE, with the potential for significant gains. The latest price action has formed a flag pattern for PEPE, which could anticipate significant earnings at a point when market sentiment has turned bullish. Flags are continuation patterns that occur after a strong move, and for a bull flag like this to be confirmed, the price has to break above the upper bound of the pattern with strong volumes. If this happens, the token could rise by 90% by using the pole size as a reference for a PEPE price prediction.

Meanwhile, as this meme coin continues to outperform its peers, all Pepe-linked crypto presales like MIND of Pepe (MIND) may deliver significant gains once they are listed on exchanges. MIND of Pepe is an AI agent that combines the power of artificial intelligence and a viral meme like Pepe the Frog to captivate mass audiences across social media platforms. Since its presale event was launched in January, this AI token has raised nearly $11 million. The agent is already live on X and has started to collect insightful information that it will pass on exclusively to $MIND holders. As its influence grows, MIND of Pepe will also be able to launch and promote its own meme coins, and $MIND holders will get privileged access to their presale events to reap the highest returns.

Whale-linked PEPE deposit and two-sided liquidations reflect heightened volatility without clear directional bias. A wallet linked to James Wynn deposited 240 billion Pepe [PEPE] into Binance, raising concerns about potential sell-side pressure. However, the wallet still holds over 203 billion PEPE. At the same time, market-wide liquidations showed $132.89K in longs and $95.3K in shorts wiped out, reflecting intense two-way pressure. This dual liquidation trend suggests heightened uncertainty as neither bulls nor bears dominate. Therefore, PEPE’s next directional move may depend more on sentiment stabilization than isolated whale actions, especially with volatility shaking out overleveraged traders on both sides of the spectrum.

Despite recent whale deposits, Large Holder Netflow remained firmly positive. In fact, netflows surged 633.21% over the past 30 days, with a 49.6% jump in the last week alone. This suggests large wallets are still accumulating PEPE despite short-term fluctuations. Interestingly, this follows a steep 90-day netflow dip of over -1500%, marking a potential trend reversal. Therefore, these net inflows may indicate growing long-term conviction among big players. On top of that, PEPE’s holder profile is shifting. Retail wallets shrank by 5.76% over 30 days, while investor-tier addresses rose by 6.10%. Whale holdings saw minimal change, down just 0.33%. Therefore, the current market structure favors mid-sized investors over speculative retail actors. This redistribution may reduce erratic price swings but could also mute explosive upside potential typical of memecoins.

At press time, 49.06% of PEPE holders were “in the money,” while 32.98% were underwater and 17.96% were at break-even. This distribution supports key price levels, as many profitable holders may resist selling unless triggered by a steep drawdown. At the same time, those holding at a loss might sell into strength, capping potential breakouts. This balance introduces a complex tug-of-war between profit preservation and recovery exits. Adding to that, the Open Interest-Weighted Funding Rate suggests a bullish outlook, with long positions increasing and funding rates staying positive. With these factors aligning, PEPE is poised for its next move, supported by strong market sentiment and structural backing from large holders.