{"id":51346,"date":"2025-10-06T17:02:15","date_gmt":"2025-10-06T17:02:15","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=51346"},"modified":"2025-10-06T17:02:15","modified_gmt":"2025-10-06T17:02:15","slug":"pepe-outpaces-memecoin-market-as-whales-continue-accumulating","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=51346","title":{"rendered":"PEPE Outpaces Memecoin Market as Whales Continue Accumulating"},"content":{"rendered":"<div>\n<p>Meme-inspired cryptocurrency PEPE surged more than 2.5% in the last 24-hour period, outperforming the memecoin sector as measured by the CoinDesk Memecoin Index (<a href=\"https:\/\/www.coindesk.com\/index\/cdmeme\">CDMEME<\/a>), which went up 2.24% in the same period.<\/p>\n<p>The price jumped from $0.00000969 to a high of $0.00001027, with trading volumes crossing 314 billion tokens during a rapid price move in the final hour of trading, according to CoinDesk Research&#8217;s technical analysis data model.<\/p>\n<p>Trading activity in the $0.00001000 to $0.00001003 range created a temporary floor, with resistance forming near $0.00001007. This kind of technical setup typically signals accumulation, a sign investors are building positions rather than flipping for quick profits.<\/p>\n<p>PEPE\u2019s move also outperforms the wider cryptocurrency market, as measured by the coinDesk 20 (<a href=\"https:\/\/www.coindesk.com\/index\/cd20\">CD20<\/a>) index, which rose 1.8% in the past 24 hours.<\/p>\n<p>The rise appears to also be linked to growing whale accumulation. Data from <a href=\"https:\/\/app.nansen.ai\/token-god-mode?tokenAddress=0x6982508145454ce325ddbe47a25d4ec3d2311933&amp;chain=ethereum&amp;tab=token-distribution\">Nansen<\/a> shows that the top 100 PEPE addresses on the Ethereum network have added 4.28% to their holdings over the last 30 days, while exchanges have seen their PEPE holdings lunge 2.15% in the same period.<\/p>\n<p>Open interest for PEPE futures products has meanwhile kept on rising to now stand near the $645 million market according to\u00a0<a href=\"https:\/\/www.coinglass.com\/currencies\/PEPE\">CoinGlass<\/a>\u00a0data.<\/p>\n<p><em><strong>Disclaimer:<\/strong>\u00a0Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to\u00a0<a href=\"https:\/\/www.coindesk.com\/ethics\">our standards<\/a>. For more information, see\u00a0<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>Meme-inspired cryptocurrency PEPE surged more than 2.5% in the last 24-hour period, outperforming the memecoin sector as measured by the CoinDesk Memecoin Index (CDMEME), which went up 2.24% in the same period. The price jumped from $0.00000969 to a high of $0.00001027, with trading volumes crossing 314 billion tokens during a rapid price move in [&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-51346","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\/51346","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=51346"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/51346\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51346"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51346"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51346"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}