{"id":38208,"date":"2025-07-22T17:17:41","date_gmt":"2025-07-22T17:17:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=38208"},"modified":"2025-07-22T17:17:41","modified_gmt":"2025-07-22T17:17:41","slug":"pepe-dips-slightly-as-market-cools-but-outperforms-broader-memecoin-sector","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=38208","title":{"rendered":"PEPE Dips Slightly as Market Cools, but Outperforms Broader Memecoin Sector"},"content":{"rendered":"<div>\n<p>PEPE fell around 2% in the last 24-hour period as part of a broader 5% sell-off that started amid a crypto market slowdown and a wave of high-volume selling.<\/p>\n<p>The price slid from $0.000014268 to $0.000013568 during the session, with 349 billion tokens offloaded during the move, according to CoinDesk Research&#8217;s technical analysis data model.<\/p>\n<p>The meme-inspired cryptocurrency briefly rallied to a session high of $0.000014713, supported by 11.7 trillion tokens traded in a single surge. But the attempt fizzled, encountering stiff resistance and triggering a swift reversal. The sharp move led to more than $4 million in liquidations, per <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">CoinGlass<\/a> data.<\/p>\n<p>That session high now stands as a firm technical ceiling, reinforcing trader doubts about near-term upside. Relative post volume on social media is up more than 23% compared to its 24-hour average, according to data from TheTie, suggesting growing interest.<\/p>\n<p>Support came in near $0.000013618, where buyers showed interest during earlier dips. While the token briefly moved below that level, it has since recovered to surpass it.<\/p>\n<p>Meanwhile, <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x6982508145454ce325ddbe47a25d4ec3d2311933&amp;chain=ethereum&amp;tab=exchanges\">Nansen<\/a> data shows that even as the top 100 addresses holding PEPE on Ethereum have increased their holdings by 0.11%, exchange wallets added 0.24% in the last 24 hours, showing a growing supply on the market.<\/p>\n<p>Despite the drop, PEPE is slightly outperforming the wider memecoin space. The CoinDesk Memecoin Index (<a href=\"https:\/\/indices.coindesk.com\/coindeskmeme\">CDMEME<\/a>) saw a 2.4% drop in the last 24 hours, compared to PEPE\u2019s near 2% drop. Over the past month, PEPE is up nearly 55% compared to CDMEME\u2019s 41.7% rise.<\/p>\n<p>The frog-themed token has been outperforming after forming a golden cross pattern earlier this month. Crypto analyst Lark Davis on social media flagged a potential breakout target at $0.0000155.<\/p>\n<h2>Technical Analysis Overview<\/h2>\n<ul>\n<li>Trading volume spiked to 11.72 trillion tokens during a breakout attempt, signaling widespread market participation.<\/li>\n<li>Strong rejection at $0.000014713 now serves as a critical ceiling for further upside.<\/li>\n<li>Consistent buyer activity formed a key support near $0.000013618<\/li>\n<li>A sharp deterioration began with 230.19 billion tokens sold in a concentrated period.<\/li>\n<li>Massive offloading occurred in successive waves of 237.67 billion, 329.19 billion, and finally 349.11 billion tokens. Activity dwindled to near-zero then, signaling trader fatigue and lack of conviction for recovery.<\/li>\n<\/ul>\n<p><strong><em>Disclaimer:<\/em><\/strong>\u00a0<em>Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see<\/em>\u00a0<em><a href=\"https:\/\/www.coindesk.com\/coindesk-news\/2023\/04\/14\/how-coindesk-will-use-generative-ai-tools\">CoinDesk&#8217;s full AI Policy<\/a>.<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>PEPE fell around 2% in the last 24-hour period as part of a broader 5% sell-off that started amid a crypto market slowdown and a wave of high-volume selling. The price slid from $0.000014268 to $0.000013568 during the session, with 349 billion tokens offloaded during the move, according to CoinDesk Research&#8217;s technical analysis data model. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-38208","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38208","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=38208"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/38208\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=38208"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=38208"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=38208"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}