PEPE Price Surges as Volume Spikes: Is a Meme Coin Breakout Coming?

    Summary:
  • PEPE price jumps above $0.000009 as volume surges. With Bitcoin and Ethereum rallying, could this meme coin be next in line for a breakout?

The meme coin crowd is waking up, and PEPE is leading the charge. The token is up over 12% this week, now trading at $0.00000917, and pushing into its most significant resistance zone since February.

While the move might seem sudden, the setup has been brewing quietly: weeks of tight consolidation, declining volatility, and now a volume breakout. With Bitcoin near $99K and Ethereum reclaiming $1,900, capital is cycling back into high-risk corners of the market. Meme coins are back on radar.

Whale Wallets and Community Momentum Drive PEPE’s Revival

Trading volume on PEPE has surged nearly 80% in 48 hours, pointing to fresh inflows and growing speculative conviction. On-chain trackers show wallet clusters adding to PEPE positions, some of which are tied to early holders.

At the same time, social sentiment around PEPE has spiked. PEPE memes are gaining traction again on Twitter, Telegram, and even Discord. This matters. Retail flow is narrative-driven, and right now, PEPE’s narrative is rekindling.

PEPE Technical Outlook

  • Current Price: $0.00000917
  • Resistance: $0.00001065 → $0.00001139 → $0.00001336
  • Support: $0.00000891 → $0.00000756 → $0.00000562
  • RSI: 63.30 — bullish, approaching overbought
  • MACD: Bullish crossover holding, histogram rising
PEPEUSD price today, May 8, 2025

A break above $0.00001065 could spark a parabolic extension. But if the move stalls, expect quick pullbacks; meme coin rallies cut both ways.

Final Take

PEPE’s move isn’t happening in a vacuum. With Bitcoin climbing past $99,000 and Ethereum pushing toward $2,000, the entire crypto market is in risk-on mode again. That kind of momentum tends to spill over into speculative assets, and meme coins are always first in line.

What makes this PEPE move different is the timing: it’s not chasing a top, it’s breaking from a base. If market momentum holds and BTC clears $100K, coins like PEPE that have already shown early strength could catch serious upside — fast. The chart has room, the volume is legit, and the narrative is heating up. Don’t ignore it.