Meme-inspired cryptocurrency PEPE surged more than 2.5% in the last 24-hour period, outperforming the memecoin sector as measured by the CoinDesk Memecoin Index (CDMEME), which went up 2.24% in the same period.
The price jumped from $0.00000969 to a high of $0.00001027, with trading volumes crossing 314 billion tokens during a rapid price move in the final hour of trading, according to CoinDesk Research’s technical analysis data model.
Trading activity in the $0.00001000 to $0.00001003 range created a temporary floor, with resistance forming near $0.00001007. This kind of technical setup typically signals accumulation, a sign investors are building positions rather than flipping for quick profits.
PEPE’s move also outperforms the wider cryptocurrency market, as measured by the coinDesk 20 (CD20) index, which rose 1.8% in the past 24 hours.
The rise appears to also be linked to growing whale accumulation. Data from Nansen shows that the top 100 PEPE addresses on the Ethereum network h
We współpracy z: https://www.coindesk.com/markets/2025/10/06/pepe-outpaces-memecoin-market-as-whales-continue-accumulating
