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As Pepe gains strength, should you expect a bounce back

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Pepe[PEPE], a relatively new entrant in the realm of memecoins, initially surged in popularity, but its struggle to regain its footing was apparent in the months following its launch. However, recent data suggested a potential shift in its trajectory, fueled by whale interest and changing sentiment.

Is your portfolio green? Check out the PEPE Profit Calculator

A notable uptick in whale interest was evident from Lookonchain’s data. A substantial investment of 1 million USDC secured a massive 807 billion PEPE tokens at a price of $0.000001239, a move triggered by an increase in PEPE’s value.

A whale spent 1M $USDC to buy 807B $PEPE at $0.000001239 7 hrs ago after the price of $PEPE increased.https://t.co/P03KsDrzFi pic.twitter.com/0hjW6ewDjp

— Lookonchain (@lookonchain) August 9, 2023

Whale interest in any cryptocurrency can have both positive and negative implications. Whale interest can lead to positive price movements over the short term; however, it makes investors susceptible to sudden whale behavior as well.

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Evidence of a sudden PEPE sell-off was indicated by the behavior of a whale on 7 August. According to recent data, the whale liquidated a substantial amount of 2.26 trillion PEPE, at an average price of $0.000001121. This maneuver resulted in a significant loss of $707,000. These contrasting moves within a short span can impact retail investors in the long run.

Social perception plays a crucial role in the meme coin sector. PEPE’s journey has been no different, benefiting from increased social engagements and mentions.

Lunarcrush’s data revealed a 1.9% growth in social engagements and an impressive 28.25% surge in social mentions. This rise in online chatter underscores the role of community engagement in shaping memecoin trajectories.

Weighted sentiment, another vital indicator of market sentiment, also underwent an upswing recently. This shift implied a greater degree of positivity associated with PEPE in online discussions. Such shifts in sentiment often serve as precursors to broader market movements, potentially setting the stage for the token’s revival.

At press time, PEPE was trading at $0.000001246 and had grown by 12.82% in the last 24 hours.

Source: Santiment

The surge in price coincided with a growth in the number of token holders, showcasing a growing interest among investors. This expansion in the user base can enhance the coin’s resilience and potential for future growth.

Realistic or not, here’s PEPE’s market cap in BTC’s terms

However, amidst these positive signals, a decline in network growth raised concerns. Fewer new addresses engaging with PEPE could indicate a waning interest among potential users.

Source: Santiment

Taking a broader perspective, trader sentiment was also evolving. According to Coinglass, short positions against PEPE have slightly decreased, shifting from 54% to 50%.

Source: coinglass

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  • 14.10.25 08:46 robertalfred175

    CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 18:07 crypto

    Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

  • 15.10.25 21:52 harristhomas7376

    "In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1

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