In the ever-changing world of cryptocurrencies, meme coins have found a place, often thanks to community excitement and viral trends rather than traditional financial metrics. PEPE, which is based on the internet meme Pepe the Frog, has gotten a lot of attention lately. Some analysts believe that PEPE is poised for significant growth, potentially outperforming Dogecoin (DOGE).
Technical indicators suggest that a rally is likely to happen
Traders and analysts have been closely monitoring the price movement of PEPE. The coin has stayed above $0.0000091 and $0.0000112, which means it is in a strong accumulation phase. A recent rise above the $0.000012 level suggests that this accumulation is over and a possible rally is about to start. If this trend keeps going, PEPE could reach its previous all-time high of $0.00002825. Other forecasts aim for $0.000035 and even $0.000055, which would be a 500% increase from where it is now.
Analyst Calls Out Bullish PEPE Formation
Crypto Patel, a crypto expert on the X (formerly Twitter) platform, has said that PEPE is one of the coins that is currently showing bullish signs. The meme coin has remained strong and maintained major support despite bearish pressure.
$PEPE Holding Strong – Next Stop Could Be 5x
— Crypto Patel (@CryptoPatel) June 2, 2025
Currently #PEPE holding the key Accumulation zone (0.0000091–0.0000112) + still above TL support
This looks like a pre-breakout retest.
Targets? 0.000025 → 0.000035 → 0.000055+
NFA & DYOR pic.twitter.com/CKgIOiALB0
The crypto analyst says that the PEPE price is still above trendline support, which is between $0.0000091 and $0.0000112. This is not only a major support level, but it is also a place where the meme coin can build up. So, if the price stays at this level, it means that bulls are still in charge of the altcoin’s price.
The PEPE price has already broken out a little above the $0.000012 level, which means that accumulation is coming to an end and a breakout retest is happening right now. If this breakout retest works, the meme coin’s next stop will be a full-on rally that could take it to new all-time highs.
Comparing PEPE and Dogecoin’s performance
Dogecoin has been the most popular meme coin for a long time, but PEPE’s recent performance shows that things are changing. In May 2025, PEPE’s value went up by more than 130%, which was more than Dogecoin’s gains. This impressive growth is due to more trading and more interest from investors.
Also, PEPE’s trading volume has sometimes been higher than Dogecoin’s, which shows that it is becoming more popular in the meme coin space.
Market Sentiment and Community Involvement
PEPE’s rise isn’t just because of technical things; its active community is a big part of it. There have been a lot more conversations and promotions about PEPE on sites like Reddit and Twitter, which have brought holders together. This grassroots support has been instrumental in driving the coin’s popularity and adoption.
There has also been a lot of whale activity, with big holders buying up PEPE tokens, which shows that they believe in its future.
The way PEPE has been doing lately and the excitement around it show how the meme coin market is changing. Dogecoin is still a big player, but PEPE’s momentum suggests it could shake things up. Investors and those interested in PEPE will closely monitor its growth potential and potential impact on meme coin rankings.
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