PEPE Rallies 10% in a Week, Outpaces Bitcoin and Other Major Tokens

Popular meme-inspired cryptocurrency PEPE rose more than 4% over the last 24 hours to trade up nearly 10% over the past ￰0￱ surge comes amid renewed interest in meme tokens, with the CoinDesk Memecoin Index ( CDMEME ) rising more than 11% over the past week, outperforming bitcoin’s 1.4% ￰1￱ 24 hours, the memecoin sector is up 2.5%, compared with BTC’s 0.2%. PEPE rallied from $0.00001013 to $0.00001074, setting a new short-term resistance near $0.00001082, according to CoinDesk Research's technical analysis data ￰2￱ activity spiked significantly, with over 5.89 trillion PEPE tokens changing hands during the peak of the rally, more than double the 24-hour ￰3￱ price action shows a steady pattern of higher lows, a signal that buyers are stepping in consistently at increasingly elevated ￰4￱ sort of structure is often interpreted as a sign of accumulation by more engaged ￰5￱ the most active phase of the move, the token also touched $0.00001081 before settling slightly ￰6￱ quick spike drew a new resistance line while a firm support level emerged around $0.00001017.

These price boundaries, tested multiple times, help shape traders' expectations about where the coin might go ￰7￱ rally was marked by strong liquidity and sustained ￰8￱ surged around several retests of the $0.00001069 mark, a level that held each time, reinforcing its strength. Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our ￰9￱ more information, see CoinDesk's full AI Policy .