The world of meme coins witnessed a surprising shift Sunday night as Pepe (PEPE) surged past established rivals Dogecoin (DOGE) and Shiba Inu (SHIB) in a dramatic display of momentum. Riding a wave of renewed investor enthusiasm, the frog-themed cryptocurrency recorded a 6.03% gain over the past 24 hours—outpacing Dogecoin’s 2.99% and Shiba Inu’s 1.16% growth—and reigniting speculation about its potential for explosive gains in the coming weeks.
A Strong Week for PEPE
Powered by Ethereum (ETH), PEPE has now logged over 14% in weekly gains, emerging as one of the top-performing meme coins in recent days. This latest rally was accompanied by a staggering 120% spike in trading volume, signaling growing market interest and heightened liquidity.
At the time of writing, Pepe was trading at $0.00001005, according to real-time data. While this remains well below its all-time high, the upward movement suggests a shift in sentiment among retail and institutional traders alike. Despite a challenging year-to-date performance—down 46%—the coin is showing signs of resilience and renewed accumulation.
👉 Discover how market sentiment is shifting in favor of underdog cryptocurrencies like PEPE.
On-Chain Data Hints at Strong Holder Confidence
Behind the price surge lies compelling on-chain activity that points to long-term conviction. According to analytics platform IntoTheBlock, long-term holder balances increased by 0.04% in the last 24 hours—a small but significant uptick indicating "diamond hands" are accumulating rather than selling.
Additionally, large transactions exceeding $100,000 spiked by 12.21%, suggesting increased institutional or whale participation. Such movements often precede broader market moves, as large players typically enter positions before retail traders catch on.
This accumulation trend contrasts with broader market volatility and highlights PEPE’s growing appeal beyond mere speculative hype.
Analyst Bullish on 'Jackpot July'
Well-known crypto analyst Max Schwartzman has thrown his support behind PEPE, forecasting a “Jackpot July” for the meme coin. While the name leans into playful meme culture, the sentiment reflects genuine technical and behavioral patterns currently unfolding in the market.
Schwartzman cited rising social engagement, increased exchange inflows, and tightening supply distribution as key factors fueling his optimism. He believes that if current momentum holds, PEPE could experience a breakout similar to earlier 2023 rallies seen in other meme assets.
“We’re seeing classic accumulation behavior ahead of a potential pump. July could be the month where PEPE leaps from meme status to serious market mover.”
While such predictions should be approached with caution, they underscore a growing narrative: meme coins are no longer just internet jokes—they’re becoming vehicles for real trading strategies and short-term profit plays.
Broader Market Uplift Boosts Meme Coins
PEPE’s rise didn’t happen in isolation. The entire cryptocurrency market closed the week on a positive note, fueled by bullish commentary from high-profile figures.
Former U.S. President Donald Trump, in a recent statement, praised Bitcoin’s growing adoption as a “great thing” for America—sending ripples across digital asset markets. Bitcoin (BTC) responded with an upward trend, while Ethereum (ETH) also gained traction.
This macro-level optimism appears to be trickling down into altcoin and meme coin ecosystems. When flagship assets like BTC and ETH stabilize or rise, risk capital often rotates into higher-volatility plays—including tokens like PEPE.
👉 See how major market events influence emerging crypto trends and opportunities.
Why Meme Coins Still Matter in 2025
Despite their reputation for volatility and speculative frenzy, meme coins continue to play a vital role in the crypto economy:
- Community-driven value: Unlike traditional financial instruments, meme coins derive strength from passionate online communities.
- Low entry barriers: With prices often fractions of a cent, investors can gain exposure with minimal capital.
- High reward potential: While risky, meme coins have historically delivered life-changing returns during bull runs.
- Cultural relevance: Tokens like PEPE tap into internet culture, making them more relatable and shareable than conventional projects.
However, investors must remain cautious. The same traits that enable rapid gains also expose holders to sharp corrections. Regulatory scrutiny, market manipulation risks, and lack of utility mean these assets should only form a small part of a diversified portfolio.
Core Keywords Driving Interest
This surge in attention around Pepe is reflected in key search trends and investor queries. The following core keywords capture the essence of current market interest:
- Pepe coin price prediction
- PEPE vs Dogecoin
- Shiba Inu vs Pepe
- Meme coin rally 2025
- Jackpot July crypto
- Best Ethereum-based meme coins
- How to buy Pepe coin
- PEPE coin news
These terms are naturally embedded throughout discussions on forums, social media, and trading platforms—indicating strong organic demand and alignment with real user intent.
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Frequently Asked Questions (FAQ)
Q: What caused Pepe’s recent price surge?
A: A combination of increased trading volume (up 120%), rising whale activity, strong community sentiment, and broader market optimism contributed to PEPE’s recent rally.
Q: Is Pepe outperforming Dogecoin and Shiba Inu?
A: Yes—over the past 24 hours, PEPE gained over 6%, compared to Dogecoin’s 2.99% and Shiba Inu’s 1.16%. Weekly performance also favors PEPE, which is up more than 14%.
Q: Can Pepe reach new all-time highs in July?
A: While nothing is guaranteed, analyst Max Schwartzman has coined the term “Jackpot July,” citing technical indicators and on-chain data that suggest strong upside potential—if momentum continues.
Q: Where can I buy Pepe coin securely?
A: PEPE is available on major cryptocurrency exchanges that support Ethereum-based ERC-20 tokens. Always use reputable platforms and enable two-factor authentication for security.
Q: Does Pepe have any real-world utility?
A: Currently, PEPE functions primarily as a speculative and community-driven asset without inherent utility like staking or governance. Its value stems from market perception and adoption.
Q: How does Ethereum’s performance affect PEPE?
A: As an ERC-20 token, PEPE relies on the Ethereum network for transactions. Rising ETH prices and network activity often correlate with increased visibility and trading volume for Ethereum-based meme coins.
As July unfolds, all eyes will be on whether Pepe can sustain its momentum and deliver on the promise of a “Jackpot July.” While meme coins remain high-risk, their ability to capture imagination—and occasionally generate outsized returns—ensures they’ll remain a fixture in the evolving crypto landscape.