Coinspeaker
Sep 17, 2025
6 1

Pepe Coin Surges with Reduced Supply and Increased Trading Volume

PEPE Coin Surge:

  • PEPE Coin reached a one-month high of $0.00001200 on September 13 due to reduced exchange reserves.
  • 1.1 trillion tokens were removed from exchanges, decreasing supply from 257 trillion to 255.9 trillion.
  • Trading volume hit $1.34 billion, exceeding Shiba Inu's $198 million and Pudgy Penguins' $290 million.

Price Analysis and Market Position:

  • PEPE's market cap stands at $4.54 billion, significantly below Dogecoin’s $40.26 billion.
  • To match Dogecoin's market cap, PEPE would need a 787% price increase to $0.0000962.
  • A breakout above $0.00001200 could target $0.000020, with potential for further gains.

Bullish and Bearish Scenarios:

  • Recent momentum suggests a possible breakout from a long-term consolidation wedge.
  • Failure to surpass resistance could lead to a support test at $0.00000570, weakening the bullish outlook.

Meme Coin Competition:

  • PEPE has surpassed Shiba Inu in trading volume, positioning itself as a strong meme token contender.
  • While challenging Dogecoin requires substantial growth, reduced supply and increasing volumes are positive signals.

PEPE Price Chart

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