PEPE Trading Volume Explodes 164% – Are Whales Preparing for $1 PEPE? 

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Harvey Hunter

Junior Content Creator

Harvey Hunter

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Harvey Hunter is a Junior Content Creator at Cryptonews.com. With a background in Computer Science, IT, and Mathematics, he seamlessly transitioned from tech geek to crypto journalist.

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February 20, 2025 12:48 EST

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The Pepe price has been navigating extreme volatility throughout February, with the last wave sparking a 164% surge in trading volume to $983 million—often indicative of whale activity.

While the early week saw this momentum falter, briefly sending PEPE below $0.000009, recent days have seen a steady recovery.

With today’s 0.6% gain, accompanied by a 26% decline in trading volume to $482 million, the front-running meme coin appears to be taking a breather, consolidating for its next move.

PEPE Price Analysis: What do Pepe Whales Know?

This whale accumulation could be credited to the impending breakout of a falling wedge forming since early December.

The recent decline has affirmed the pattern’s lower bound as support, marking a potential bottom.

If a decisive breakout occurs, the wedge pattern sets a PEPE price target of $0.000025, representing a potential 160% advance from current levels.

However, the PEPE price still faces heavy bearish pressures, with the Relative Strength Index (RSI) trending sideways in the 30s—a setup consistent with dominant selling pressure.

From a micro stance, the recent breakout of a descending channel on the 4-hour could set Pepe on the recovery path.

The breakout path sets the Pepe price up for a retest of the falling wedge pattern’s upper resistance around $0.000012.

While a $1 PEPE price remains distant, the meme coin is still positioned for substantial gains.

This New ICO Unlocks Stronger Potential Gains

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If you’ve missed out before, MIND of Pepe ($MIND) gives you the chance to get in early and stay ahead.

As a self-improving AI, MIND of Pepe is designed to deliver exceptional value to $MIND token holders.

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Inside its Telegram community, holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve.

At the time of writing, MIND has raised over $6.6 million in its ongoing presale, capitalizing on one of this cycle’s strongest meme coin narratives: AI agents.

You can keep up with MIND of Pepe on X (formerly Twitter) and Telegram, or join the presale on the MIND of Pepe website.