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  • PEPE Eyes New Highs in June Backed by Strong Whale Accumulation
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PEPE Eyes New Highs in June Backed by Strong Whale Accumulation

Jane Kariuki 1 year ago (Last updated: 1 year ago) 3 minutes read 0 comments
PEPE COIN IMAGE

PEPE COIN

  • Pepe Coin (PEPE) is seeing increased buying from whales and strong social media interest.
  • It could rise 20–25% in June 2025 if key support levels hold.

Pepe Coin (PEPE) has once again caught the crypto community’s eye, riding a wave of renewed enthusiasm as June 2025 approaches. After a surprising comeback following a slump, PEPE’s trading volume and price have surged, sparking questions about its potential for further gains or the risk of a correction. Here’s a breakdown of the latest trends, on-chain activity, and technical outlook shaping PEPE’s near-term future.

ALSO READ:BlackRock’s Bitcoin ETF Smashes Records with $6.2 Billion Inflows in May

The Resurgence of PEPE

May 2025 proved to be a defining month for PEPE. A viral tweet by Elon Musk featuring a “frog wearing sunglasses riding a rocket” sent shockwaves across social media, fueling speculation about Pepe Coin’s next move. The #PepeCoin hashtag quickly trended, leading to a 70% spike in trading volume within just 12 hours. This surge pushed PEPE’s price from around $0.00000185 to nearly $0.00000255 in a matter of days—an impressive 38% increase.

This renewed interest saw daily trading volumes soar past $1.5 billion, underscoring an influx of retail traders chasing the meme coin’s momentum. PEPE’s monthly gain exceeded 130%, establishing it as one of 2025’s top-performing meme tokens, while its community of holders grew to over 438,000 wallets.

Whale Activity and On-Chain Insights

Behind the scenes, large investors have been quietly accumulating PEPE. On May 27, a significant transfer of 2 trillion tokens (valued at $27.9 million) moved from the Bybit exchange to an unknown wallet. In total, over 11.75 trillion PEPE tokens shifted between wallets during a volatile 24-hour period.

PEPE WHALE ALERT

One prominent whale wallet now holds 2 trillion PEPE’s (~$17.4 million), reflecting sustained “smart money” interest. Additionally, trader James Wyn took a notable leveraged long position on PEPE worth over $20 million, signaling confidence in an upcoming bullish phase.

This accumulation by whales, combined with a growing number of mid- to long-term holders, suggests that PEPE’s rally is underpinned by more than just hype—it’s gaining foundational strength.

Technical Outlook and Price Prediction

PEPE faces critical resistance near $0.00001604, with strong support around $0.00001214. A decisive weekly close above resistance could trigger a breakout, potentially pushing the price towards $0.000020 or higher. Conversely, a daily close below support might lead to a correction down to $0.00000956, which remains a strong technical floor.

PEPE COIN PRICE CHART FOR 24 HOUR PRIOD

Assuming the current bullish momentum continues and key support levels hold, PEPE could rally 20–25% in June 2025, reaching a price range of approximately $0.000015 to $0.000016.

Pepe Coin’s Unique Position in the Market

While meme coins like Dogecoin and Shiba Inu show signs of fatigue, with stagnant prices and dwindling social media interest, It stands out with strong speculative interest and fresh momentum. Coupled with a positive macro backdrop—Bitcoin hitting new highs and favorable U.S. economic data—PEPE could lead the next retail-driven surge in crypto.

PEPE’s June outlook looks promising, fueled by social buzz, whale accumulation, and technical setups pointing to potential gains. However, investors should watch critical support levels closely, as a breakdown could derail the rally. For meme coin enthusiasts, PEPE remains a fascinating token to watch in the evolving crypto landscape.

MIGHT ALSO LIKE:XRP Loses $6 Billion in a Day as Crypto Market Faces Sharp Sell-Off

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

About the Author

Jane Kariuki profile image

Jane Kariuki

Author

Jane Kariuki is a contributor at Crypto News Focus, covering developments across the cryptocurrency and blockchain industry with an emphasis on accurate, timely reporting.

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