Pepe Price Drops as Wall Street Pepe ICO Raises $65M

The rebound followed the Federal Reserve’s less hawkish stance and Fed Chair Jerome Powell’s acknowledgment of crypto’s growing role in banking.

However, $PEPE remains in a downtrend, while a rising competitor, Wall Street Pepe ($WEPE), is gaining attention as its presale has now raised over $65 million.

Pepe Price Prediction: Will $PEPE Recover, or Is More Downside Ahead?

The price of Pepe ($PEPE) was last seen around $0.000013, up 15% since the Federal Reserve’s less hawkish-than-expected policy announcement on Wednesday.

BREAKING: Fed Chair Jerome Powell: "Banks can freely serve crypto customers." With President Trump, a new Bitcoin era is unfolding. You’re not bullish enough. pic.twitter.com/97uR9MbNj0

— Michael Saylor Founder of MicroStrategy (Parody) (@Saylorsatsire) January 29, 2025 The Fed left the door open for rate cuts this year, and Chair Jerome Powell even acknowledged crypto and Bitcoin positively, noting that banks can now service the industry.

Despite the rebound, $PEPE remains down over 10% this week, with technical indicators suggesting further downside. It has failed to reclaim its 200-day moving average (200DMA), signaling that bears still control the market.

Additionally, $PEPE remains stuck in a descending channel. Unless it breaks above $0.000019 to invalidate the bearish setup, a drop below $0.000010 remains a near-term risk.

However, this decline may seem unlikely given the current pro-crypto sentiment. The Trump administration has taken office and is rolling back Biden-era crypto restrictions, boosting optimism in the sector.

While major assets like Bitcoin ($BTC) are positioned for stronger adoption, the meme coin market faces potential headwinds.

Trump’s own meme coin launch could further saturate the space, limiting gains for existing tokens. $PEPE’s market cap, last estimated at $5.5 billion per CoinMarketCap, also reduces its upside potential. Even in a bullish scenario, a 10x gain may be the best-case outcome.

Meanwhile, traders continue hunting for smaller-cap meme coins with higher growth potential. One new meme coin worth watching is Wall Street Pepe ($WEPE), which may offer substantial returns.

Wall Street Pepe Surges to $65M in Presale – Could It Outperform $PEPE?

Wall Street Pepe ($WEPE) is one of the most talked-about meme coin presales right now, having raised over $65 million with just 16 days still remaining. Investor interest remains strong, with an additional $2 million raised in just the last 48 hours.

Unlike many meme coins that rely solely on hype, Wall Street Pepe integrates real utility by offering exclusive market insights and trading signals. This unique approach has attracted retail investors looking to gain an edge over whales, helping $WEPE’s presale achieve rapid success.

In under two months, it has already raised 89% of what Pepe Unchained ($PEPU) took five months to achieve. At a presale price of $0.0003665, early investors are betting on major gains, especially if $WEPE secures a tier-1 exchange listing.

If demand remains steady, Wall Street Pepe could reach an $82 million valuation before launch, with heightened FOMO potentially pushing it past $100 million.

Meanwhile, $PEPE has struggled, dropping 10% this week and 37% since the start of the year. As traders look for fresh opportunities, $WEPE has emerged as a serious contender.

Analysts believe it could rival or surpass $PEPU’s post-launch success, cementing its status as one of 2025’s most anticipated meme coin launches.

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