Whale Activity Drives 8% PEPE Price Surge Amid Volatile Market Conditions

Large movements in the Pepe Coin (PEPE) market have sparked renewed speculation about its price trajectory, driven by whale activity and technical analysis. On June 19, 2025, a prominent analyst predicted that PEPE could reach $0.00039 if it continues to follow an upward trendline, despite record whale selling activity that could potentially dampen bullish sentiment [1]. This forecast reflects the broader uncertainty surrounding the token’s short-to-medium-term direction, with whales still playing a key role in influencing price action.

Just two weeks later, on August 8, a major whale moved 1.078 billion PEPE tokens, pushing the price up by approximately 8% in the immediate aftermath [2]. This large-scale accumulation underscored the sensitivity of the market to whale behavior and reinforced the idea that on-chain activity can have a direct impact on PEPE’s price movements.

Following this, on August 10, the token consolidated near $0.000012 resistance, fluctuating between $0.00001181 and $0.00001198 as traders watched for a potential breakout [3]. Analysts noted that a successful move above this level could open the door to further gains, while a pullback might signal the need for additional accumulation.

On August 13, a major whale accumulation reportedly triggered a 4.94% price surge, with PEPE reaching $0.0000121 [4]. This rise was attributed to increased speculative interest and on-chain activity, though analysts also highlighted the possibility of a pullback to $0.0000112 if bearish pressure reemerges. Another analyst from CoinDCX also noted that a sustained bullish move could see the price surpass $0.000015, particularly if social media momentum or major listing announcements reignite FOMO-driven buying [5].

Despite these bullish developments, the price experienced some volatility in early August. Over the 24 hours ending on August 3, PEPE fell by 1.21%, though it remained up 11.37% for the week [6]. This fluctuation highlights the ongoing challenges faced by meme coins in maintaining consistent upward momentum in a market where sentiment can shift rapidly.

The broader memecoin market also experienced some turbulence in mid-August, with PEPE slipping 0.95% alongside a broader slump in memecoin prices following Bitcoin’s loss of momentum [7]. However, the subsequent whale activity on August 13 appears to have countered this trend, at least temporarily.

Overall, the recent price movements and whale behavior have created a mixed environment for PEPE, with some signs of strength offset by underlying volatility. Analysts remain divided on the token’s future, with some forecasting higher prices under the right conditions, while others caution that large whale selling or a shift in broader market sentiment could disrupt the current trajectory.

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[1] title1.............................(https://coinmarketcap.com/community/articles/689efce1d3fffe3dd57d9356/)