With a stunning 57.9% gain in just a month, Pepe Coin ($PEPE) is dominating the meme token conversation once again. Its meteoric rise has led to renewed discussions about whether the frog-themed token could ever touch the mythical $0.01 price level.
A Meme Coin Meets Mainstream Attention
Pepe’s visibility skyrocketed following a Trump post on Truth Social featuring the $PEPE mascot in the background—sparking speculation that the meme coin was receiving unspoken endorsement.
This cultural cameo was enough to revive investor appetite, driving $PEPE to outperform every other top memecoin in recent days.
Trading Metrics Show Strength in Sentiment
According to CoinGlass and other data sources:
- Open Interest grew nearly 10%
- Volume jumped by 31.8%
- Positive Funding Rates have persisted for over a week
Meanwhile, Google Search interest for $PEPE is higher than Dogecoin’s, showing the memecoin has captured retail attention in a significant way.
The $0.01 Dream: Is It Achievable?
Despite excitement, the path to $0.01 remains steep. With a circulating supply of 420.69 trillion tokens, achieving a 1-cent price would require a market cap of over $4 trillion—a number that overshadows even the biggest companies and economies in the world.
Grok, xAI’s AI chatbot, estimates $PEPE’s current value at around $0.000014, emphasizing that such a leap in price would need conditions far beyond current market realities.
Short-Term Levels to Watch
- Support Range: $0.00001120–$0.00001200
- Resistance Zone: $0.00001550–$0.00001750
- Long-Term Resistance: $0.00002200
- RSI: At 58.86, showing neutral but potentially bullish strength
A push above $0.00001550 could test the $0.00002200 zone again, while falling below $0.00001200 may signal the end of its short-term rally.
Final Thoughts
While $PEPE is unlikely to reach 1 cent under its current supply dynamics, the token remains one of the strongest contenders in the memecoin arena. Its momentum, visibility, and cultural relevance continue to fuel short-term gains and community excitement.
