A 100% PEPE Coin Rally Could Be In the Pipeline, Heres Why
PEPE coin is currently priced at $0.000009603, down 65% from its all-time high. A 100% price increase would bring it to $0.0000191, still below a key resistance level around $0.000021. Despite showing some signs of accumulation like a positive Moving Average Convergence Divergence (MACD) and rising Money Flow Index (MFI), PEPE's price has been stagnant for two weeks due to weak demand, especially from large holders ("whales"). From December 10, 2024 to February 19, 2025, "cruiser" holdings (held for weeks or months) increased from 136.66 trillion PEPE to 299.32 trillion PEPE. Over the same period, trader holdings (short-term) decreased from 208.5 trillion to 55.92 trillion, and long-term holder ("HODLer") holdings slightly decreased from 74.45 trillion to 62.31 trillion. This suggests that medium-term holders are accumulating PEPE, short-term traders are exiting, and long-term holders haven't significantly changed their positions. The lack of strong demand, particularly from whales, and general market sentiment could continue to suppress price movement.