Pepe (PEPE) has delivered strong price action recently, drawing attention from traders and meme coin enthusiasts.
With its current market cap of $3 billion, PEPE ranks third among all meme coins, trailing only Dogecoin and Shiba Inu. Despite competition from newer tokens like Popcat and Turbo, PEPE continues to hold its ground.
This article delves into the asset’s current market position, recent performance, and potential future trajectory based on technical analysis.
Pepe Price Analysis
In the past 24 hours, PEPE’s trading volume dropped 3%, a surprise given the broader market’s recovery. Even so, the coin gained 15% over the past week—a solid performance for a top-ranked meme coin.
Compared to competitors like Bonk and Floki, which gained 8.9% over the same period, PEPE continues to show resilience. Over the last month, the coin is up 7.3%, supporting a growing narrative of bullish sentiment returning to the meme coin space.
Source – Cryptonews YouTube Channel
On the 12-hour chart, PEPE formed a recent low around March 11. Although the token has moved higher since then, it hasn’t confirmed a higher low. That confirmation could come if PEPE breaks above the resistance at $0.00000924, which would signal a bullish trend reversal.
Another major resistance level is the 200 EMA, currently acting as a ceiling for PEPE’s upward moves. Reclaiming this zone could shift the trend in favor of the bulls.
The 7, 21, and 55 SMAs are tightly clustered, showing consolidation. PEPE has reclaimed these averages but remains below the 200 EMA. A breakout above the 0.236 Fibonacci retracement could act as a launchpad for further upside. However, if PEPE faces rejection again, it may trigger a short-term pullback of around 5.5%.
On the daily chart, PEPE just broke above a long-standing descending trendline, aligning with the 200-day moving average. This breakout suggests a possible trend reversal and a move toward testing higher resistance zones.
Maintaining a position above this trendline could add to bullish pressure, especially if PEPE confirms a higher low and clears the Fibonacci level.
Pepe Price Prediction
PEPE now approaches a key decision zone. If the token clears resistance at $0.00000924 and climbs above the 200 EMA, it could set its sights on a $5 billion market cap. If it fails to hold support, a retest of previous lows could drag the asset back toward the $2 billion range.
As the meme coin market heats up and volatility returns, PEPE could be preparing for its next major breakout. Investors are closely watching these critical technical levels to determine the coin’s next direction in 2025.
Next Big Meme Coin – Solaxy (SOLX)
Solaxy is gaining momentum as the crypto market recovers. The project’s presale has raised over $30.4 million, with $SOLX tokens priced at $0.001696.
Buyers can purchase the tokens using ETH, USDT, or BNB, or pay by bank card directly on the official Solaxy website. The Best Wallet app—available on iOS and Android—also supports purchases.
Many investors are joining not just for the token but also for the platform’s staking program, which offers an impressive 133% APY.
Solaxy works alongside Solana to make the network run more smoothly. Solana is already fast, but traffic slows it down when too many users jump on at once. Solaxy works like a support lane.
Solaxy also provides developers with a powerful set of tools to build new dApps, DeFi platforms, and NFT marketplaces with ease and flexibility. The goal is to make Solana more useful, efficient, and enjoyable for everyone.
Another standout feature is Solaxy’s cross-chain support. It connects Solana and Ethereum, allowing users to move assets between them without slow or complex swaps. Many now see Solaxy as Solana’s version of Ethereum’s Layer-2 projects, and the technology behind it supports that view.
Source – Solaxy Twitter
The team continues to enhance Solaxy. The Solaxy Block Explorer will launch on April 19. Tests show the network can handle 140KB/s on the Solana mainnet, which helps store data faster and improves the user experience.
They have also optimized the CLI for smoother use. The team aims to increase speed to 10,000 transactions per second. On the bridging side, the SDK now has proper CORS setup. Developers are addressing bugs where the rollup doesn’t fully match how Solana Layer 1 typically works.
With a token launch and exchange listings on the way, early buyers could be ahead of one of 2025’s biggest launches.
Visit Solaxy
Source: https://en.cryptonomist.ch/2025/04/17/pepe-price-prediction-will-pepe-hit-5-billion-market-cap-in-2025/