Pepe’s price
It shot 14% in the last 24 hours, driven by large -scale purchase and a broader rebound throughout the cryptocurrency space that saw Bitcoin exceed the $ 118,000 mark.
The Token increased from $ 0.000011141 to $ 0.000012812, adding fuel to a sector that thrives with online exaggeration and sudden bursts of commerce. While the largest Coindesk 20 (CD20) index increased 7.3% in the last 24 -hour period, the Coindesk memecoin index (CDMEME) has increased by 11.3% in the same period.
Behind the spike there was also whale activity. Nansen’s data show that the 100 main directions that Pepe have added more than 1% to their holdings right on the last day, 304.1 billion Pepe, while exchanges have continued to fall.
During the last month, the 100 Top 100 Pepe addresses increased their shares by 2.3%, while the total number of tokens held in exchanges fell by 2.17% to 252.2 billion.
Technical signals hint a sustained impulse for Pepe. During the rally, the Token quoted in a range of 18% among minimums of $ 0.000009823 and maximums of $ 0.000013068. A key resistance level arose at $ 0.000012482, with price reversions there in a heavy volume, according to the technical analysis data model of Coindesk Research.
Meanwhile, the solid support remained about $ 0.000011013, since merchants bought Dips aggressively.
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