PEPE Price Forecast – Why PEPE Could Make A Sudden Jump to $0.00002832

Highlights:

• PEPE is still in a multi-month consolidation despite having a strong week
• Consolidation could lead to a bullish breakout as whale demand for PEPE grows
• A breakout out of the consolidation zone could see PEPE hit the 2024 high of $0.00002832

PEPE (PEPE) is showing slight weakness intraday. When going to press, PEPE was trading at $0.00001244, down by 3.65% in the day. However, unlike most meme coins today, which are experiencing a surge in volume, PEPE trading volumes have declined during the day. When writing, PEPE trading volumes were down by 20.39% to $1.42 billion. 

Advertisement

This is a big deal as it signals that PEPE holders are not selling their stash despite the intraday price correction. It’s a strong bull signal, which means strong underlying confidence in PEPE. Once Bitcoin rallies after the intraday correction driven by short-term profit-taking, PEPE could be headed much higher. Several strong factors support a potential rally for PEPE going forward. 

PEPE Price Action Hints At An Undervalued Meme Coin

One of them is that in the last few days, when the broader market has seen strong growth, PEPE has been relatively quiet. For context, PEPE has only gained 22% in the last seven days. While this is still a strong return on investment, it is negligible compared to many other altcoins, especially meme coins, which have recorded gains of over 50% on average. 

This makes PEPE an attractive hold for investors seeking undervalued meme coins to buy for the next leg of the bull market. Pointers to an upcoming rally for PEPE include the intraday correction across the market today; PEPE is one of the altcoins that have lost the least. This could hint that money is flowing into PEPE in anticipation of another rally. If Bitcoin rallies back through the $120k mark, PEPE could be up for a parabolic price move driven by strengthening demand.

$Brett ETH no doubt!!

The most undervalued Boys Club character on ETH

Ethereum is the home of the Boys Club$PEPE on ETH 5B MC$ANDY on ETH 70M MC$WOLF on ETH 49M MC$BRETT on ETH 10M MC

Dont wait until the market wakes up to this anomaly! pic.twitter.com/RDftvOIWuK

— Fabs 💹🧲 (@Fabale2246) July 14, 2025

PEPE Reserves On Exchanges Decline as Whales Load Up

A signal that money is flowing strongly into PEPE is whale activity. Data indicates that PEPE supply on exchanges has dropped significantly and is at multi-year lows. The result of this fall in exchange reserves is whale buying.

Whales are loading up PEPE and taking it out of exchanges. For context, whale wallets with between 10 billion and 100 billion PEPE have increased exponentially. The combination of whale buying and supply decline on exchanges could trigger a supply squeeze for PEPE, which could see the price rally unexpectedly to new highs.

A whale has bought 227.8B $PEPE for 858.55 $ETH ($2.39M) and 150,748 $USDT after being dormant for 6.5 months.

Address: 0x06b36ac1f8d27922e664f1bcc5e2bd45fadb6848 pic.twitter.com/epmC3EISQ7

— Onchain Lens (@OnchainLens) July 11, 2025

PEPE Standing Among Meme Coins Likely Driving Demand

Besides the ongoing price action, PEPE stands to benefit from its standing among meme coins. The meme coin space is crowded with thousands of meme coins, all offering the promise of instant wealth. However, a significant number of them are scams designed only to extract value from investors. PEPE has made a name for itself among meme coins as one of the most credible. 

PEPE has existed since 2023 and has survived the market’s ups and downs without ever collapsing. Part of the reason for its growth is that it is highly decentralised. It has no controlling group that can use investors to enrich itself. This credibility will likely see PEPE attract a sizeable portion of the money coming into meme coins now that bulls are returning to the cryptocurrency market. A strong flow of capital could see PEPE make new all-time highs within this cycle.

$PEPE is so much more than just a meme coin:
Great Community ✅
Decentralized store of value ✅
Online payment method ✅
Strong brand ✅
Trading asset ✅
Promotion tool ✅ pic.twitter.com/ljqy1pt7SB

— PEPE ON FIRE 🔥 (@PepeCZBinance) July 9, 2024

Technical Analysis – PEPE Price Pushing Towards Resistance

Despite strong gains in the last 7 days, PEPE is yet to break out of a multi-month consolidation between the $0.00001388 resistance and $0.00000584 support.

However, bullish momentum is building up as whales load on PEPE. If bulls manage to breach the $0.00001388 resistance, a rally to the 2024 high of $0.00002832 could follow in the short term.

Advertisement