The PEPE Coin has fallen dramatically, losing 15% today to a trading price of $0.00000661. The fall came after a whale had a huge sell-off, selling 68.76 billion PEPE tokens for $509,500 and making a profit of $427,000. The present condition of the meme coin reflects increasing volatility and uncertainty among investors, making one wonder if it can regain its ground in the future.
PEPE declines by 15%
Recent Sell-Off Impacts PEPE Coin
The PEPE Coin decline in recent value follows the meme coin market trend, which dropped billions in worth. The estimated $46 billion market is filled with well-known memecoins such as Dogecoin and Shiba Inu, both of which have declined in value. PEPE sits more than 70% down from its record high, investment confidence still on the decline.
A tweet by OnchainLens indicated that the whale offloaded 68.76 billion PEPE tokens for 271.33 ETH. The tokens were bought initially at a meager $82,000 on KuCoin, a reflection of the profit margin at its peak. However, if the whale had sold at PEPE’s all-time high, potential gains would have been around $1.79 million.
Whale cashes out $427k profit.
Technical Signals Indicate Bearish Trends
Recent technical indicators are that PEPE Coin is still in a bearish trend. The token has continued to stay stuck below an old resistance trendline even though it had appreciated somewhat and had retraced to levels of $0.0000053. Analysts point to a developing bearish scenario, especially with the MACD (Moving Average Convergence Divergence) and RSI (Relative Strength Index) revealing poor momentum.
Since PEPE is near critical support levels, investors and analysts are looking closely at investor sentiment and price action for any reversal. An expanding channel on the short term can be a sign of higher volatility. Until a breakout above the resistance line is seen, selling pressure is expected to rule.
Whale Activity and Market Sentiment
Even after the recent whale sell-off, total whale activity in the PEPE market seems to be on an upward trajectory. According to reports, overall holdings by PEPE whales have risen from 337.75 trillion PEPE to 350.16 trillion in the first quarter of 2025, a rise of 22 trillion tokens. This is a clear indication of higher interest from major traders, especially those who have between 100 billion to 10 trillion tokens.
Yet, there is a countertrend within the largest wallets. The 10 trillion to 100 trillion PEPE token holding group reduced holdings by selling off 7 trillion. This reveals neutral sentiment in the market where some investors prefer to accumulate while others take profit or change position.
Analysts Suggest Potential Rally Ahead
Despite the constant bearishness, there are some analysts who do expect a rally. Crypto market analyst Jonathan Carter said that PEPE is currently forming a falling channel, which in the past has been a sign of a bullish reversal. In the opinion of Carter, if PEPE can close above the 50-day moving average, it could pave the way for the price to go up towards $0.0000093, which would be gains of as much as 150%.
PEPE tests upper resistance levels.
To meet this prediction, the market must shift to a bullish sentiment, supported by consistent price action and increasing trading volume. The investors remain interested in PEPE’s performance as they wait for events that can turn its slide around.
