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Pepe (PEPE) Price Analysis

by Crypto.com Coins AI. Last updated on 17 September 2026 at 04:47 UTC

Why Is Pepe (PEPE) up Today?17/09/2026

Key Takeaway
  • PEPE recorded a 23% surge over the last 24 hours, significantly outperforming the broader memecoin sector, which saw a 4.3% gain, and the overall crypto market, which declined by 3.35% (as of the most recent comparative period).
  • The recent rally is fueled by increased interest in the MemeMax_Fi DEX and renewed speculation around a possible 'meme season,' as memecoins added $3 billion to their market cap in a single day.
  • Trading volumes in PEPE have spiked, with activity reaching as high as 5.61 trillion tokens, signaling heightened whale participation and open interest for PEPE futures approaching $600 million.
  • PEPE is currently trading near key support at $0.00000900, with resistance at $0.000009681; price action suggests improved stability after earlier declines, though volatility remains elevated given recent whale accumulation and profit-taking.

Pepe (PEPE) Latest Price Action Analysis

NFT Bull Steve Aoki Sells PEPE: Implications for Market Sentiment

Steve Aoki, a high-profile NFT and crypto enthusiast, has exited his PEPE holdings, signaling a shift in sentiment among influential market participants. His departure follows significant losses in his NFT portfolio, reflecting waning confidence in both NFTs and certain memecoins. This move may reinforce bearish sentiment, particularly among retail investors who often follow celebrity traders.


Key Points:

  • Aoki's exit could trigger further selling pressure as retail investors react to his actions.
  • Bearish outlook may persist as influential figures lose faith in memecoin longevity.
  • Market sentiment is likely to remain cautious until new catalysts emerge.


PEPE Rockets Alongside Memecoin Rally: Bullish Price Action

The memecoin sector, including PEPE, saw a robust start to 2026 with a 25% surge in Dogecoin and PEPE prices. CoinGecko's GMCI Meme Index highlights a $33.8 billion market value, emphasizing renewed interest and high trading volumes. This broad rally has provided bullish momentum for PEPE, supporting its price recovery and attracting speculative capital back to the market.


Key Points:

  • PEPE benefitted from sector-wide bullish sentiment, leading to rapid price appreciation.
  • High trading volumes indicate renewed investor enthusiasm and liquidity.
  • Positive price action may attract further speculative inflows into PEPE.


Double-Digit Gains for PEPE and BONK: Meme Season Returns

PEPE led a new memecoin surge with a 23% gain, accompanied by increased activity on decentralized exchanges like MemeMax_Fi. The addition of $3 billion in market cap in a single day underscores the return of 'meme season,' encouraging traders to re-enter speculative tokens. The bullish breakout signals a shift in market sentiment and sets the stage for continued upward momentum.


Key Points:

  • PEPE's sharp price increase signals renewed trader confidence and momentum.
  • Activity on DEXs like MemeMax_Fi suggests expanding utility and market reach.
  • Bullish momentum may persist if meme season continues, driving further gains.


Bubblemaps Allegations Challenge PEPE’s Fair Launch

Bubblemaps alleged that 30% of PEPE’s genesis supply was bundled under a single entity, raising concerns about token distribution and potential manipulation. The entity sold $2 million worth of tokens shortly after launch, fueling fears of insider control. This revelation has introduced bearish sentiment, as transparency and decentralization are critical for investor confidence.


Key Points:

  • Concerns over insider control have undermined trust in PEPE's fair launch.
  • Potential for increased volatility as investors reassess risk exposure.
  • Bearish sentiment may persist until transparency issues are addressed.


PEPE Website Exploited: Security Risks Weigh on Token

A front-end attack on the PEPE website redirected users to malware, raising significant security concerns. The exploit has prompted warnings for users to avoid the site, potentially reducing engagement and investor confidence. Security vulnerabilities often trigger bearish reactions, as trust in the project is paramount for sustained price growth.


Key Points:

  • Security breach may deter new and existing investors from engaging with PEPE.
  • Short-term bearish pressure likely as users react to risk warnings.
  • Recovery depends on swift remediation and restoration of trust.


Whale Trading Activity Surges as PEPE Holds Key Support

PEPE's trading volume increased by 72% above the daily average, totaling 2.70 trillion tokens, suggesting that whales are actively managing their positions. This heightened activity at key support levels points to ongoing accumulation and potential stabilization, offering a bullish undertone despite broader market uncertainty.


Key Points:

  • Whale activity indicates possible accumulation and confidence in PEPE.
  • Holding support levels may signal price stability and potential upside.
  • Bullish sentiment could strengthen if whales continue to accumulate.


PEPE Drops 2% Amid Memecoin Struggles: Routine Profit-Taking

PEPE experienced a 2% price drop, with trading volume rising modestly by 7.55%. The decline appears driven by routine profit-taking rather than significant shifts in market sentiment. The late-session bounce hints at buyer support, suggesting that the sell-off was not accompanied by panic and may be temporary.


Key Points:

  • Price drop was moderate and likely a result of profit-taking.
  • Buyer support remains evident, reducing risk of extended declines.
  • Market sentiment appears neutral, awaiting fresh catalysts.


PEPE Slips 5% as Whale Selling and Market Turmoil Intensify

PEPE dropped nearly 5% in 24 hours, with a weekly loss of 25%, amid whale selling and broader memecoin market turmoil. Trading volume surged to $927 million, reflecting heightened volatility. Despite bearish trends, some long-term holders are accumulating, indicating diverging investor strategies. The memecoin sector's 23.4% drop underscores systemic risk.


Key Points:

  • Whale selling has intensified downward pressure on PEPE’s price.
  • Market turmoil has contributed to increased volatility and uncertainty.
  • Accumulation by long-term holders suggests some confidence in recovery.


PEPE Falls 7% on Broader Market Pullback and Political Risks

PEPE fell 7% as trading volumes surged, with profit-taking by whales and rising political risks, particularly related to Japan’s fiscal policy. The decline tested key support levels, with PEPE underperforming both the broader crypto market and the memecoin sector. Renewed concerns over insider control in memecoins have added to bearish sentiment.


Key Points:

  • Profit-taking by whales and political risks have triggered bearish momentum.
  • PEPE's underperformance signals sector-specific vulnerabilities.
  • Insider control concerns may prolong negative sentiment.


PEPE Jumps 6% on Tripled Trading Volume and Whale Accumulation

PEPE surged 6% as trading volume nearly tripled and whale activity increased, with the top 100 Ethereum addresses growing their PEPE holdings by 3.4%. The rally coincided with broader market gains, reinforcing bullish sentiment. Strong support and resistance levels suggest technical traders are actively participating, and high open interest in futures points to sustained speculation.


Key Points:

  • Whale accumulation has driven bullish momentum in PEPE’s price.
  • Tripled trading volume reflects heightened investor interest.
  • Technical traders are likely to sustain volatility around key levels.


High-Leverage Trading Caution: Wynn’s PEPE Story

James Wynn's experience with high-leverage trading on PEPE illustrates both the explosive upside and severe risks inherent to memecoin speculation. While he turned a modest investment into a substantial profit during PEPE's rally, subsequent market downturns led to massive losses. His story highlights the dangers of leverage and underscores the importance of risk management, potentially influencing retail sentiment and trading behavior.


Key Points:

  • Wynn's story may deter reckless leverage use among PEPE traders.
  • Risk management becomes a focus for market participants.
  • Market sentiment may shift toward caution, reducing speculative excess.


PEPE Falls 2.6% After Failing to Breach Resistance

PEPE fell 2.6% after failing to break above key resistance levels, underperforming the broader crypto market. Despite the decline, derivatives market activity remains high, with open interest at $560 million and trading volume at $1.2 billion. Market watchers are closely monitoring support levels, as a breach could trigger further declines.


Key Points:

  • Failure to breach resistance has led to a short-term bearish reversal.
  • Active derivatives market suggests ongoing speculation and volatility.
  • Support levels are critical for preventing additional downside.

AI-generated content; informational purposes only. Not investment advice or recommendations. Review at your own discretion. Crypto.com did not generate this content and does not make any representations about its accuracy or usefulness.

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