Pepe (PEPE) Price Prediction: Can Pepe Dethrone Dogecoin as the Meme Coin King After Recent Volatility?

In just weeks, PEPE has surged, tumbled, and recovered—drawing the attention of traders, whales, and retail investors alike. With record-breaking holder counts and shifting market dynamics, the stage is set for a potential showdown in the meme coin arena.

The PEPE coin price has seen sharp movements in recent weeks. After rallying to $0.00001083 in July, PEPE dropped by over8% amid broader market jitters, touching lows near $0.00001002. Market analysts point to macroeconomic pressures, including new U.S. tariffs, as key factors behind the sell-off. The exit of prominent investor Arthur Hayes, who sold $414,000 worth of PEPE, further fueled bearish sentiment.

Yet, technical indicators suggest a complex picture. Despite a 9% weekly decline, PEPE price has held firm above $0.000010, with over 7 trillion tokens moving off centralized exchanges. This reduction in exchange supply could ease sell pressure, providing a potential foundation for a future rally.

One concern among traders is the declining whale dominance in the PEPE ecosystem. Major holders currently own just 43% of the circulating supply—its two-year low level—and long-term market stability is in jeopardy. With these large holders no longer acting as stabilizers, PEPE can expect more dramatic short-term swings since retail traders dictate trading volumes.

PEPE has broken key resistance and may surge toward $0.000017 if BTCUSDT remains strong. Source: MMBTtrader on TradingView

However, open interest in PEPE futures dropped 42% since the high point last month in late July, suggesting the market is unwinding too much leverage. That can allow more natural price movement free of the distortions that accompany overleveraged speculation.

Technically, the $0.00001136 level has been the key level of resistance. A strong break above that level would run the risk of precipitating a short squeeze, since over half of current open positions are short the coin. Such a break would be seen by analysts as likely driving PEPE up to $0.000014—at a potential 40% gain from current levels.

The TD Sequential indicator on PEPE’s daily chart suggests the token may be poised for a potential rebound. Source: Ali Martinez via X

Conversely, a drop below $0.0000098 would invalidate the bullish setup, and prices might plummet towards $0.000007. Experienced trader Matthew Dixon warns that a breakdown of this support will lead to heightened panic selling.

Dogecoin remains the benchmark for meme coins, benefiting from early market adoption and celebrity endorsements. However, PEPE’s rapid community growth and trading activity have positioned it as a legitimate contender for the title of “meme king.” Data from CoinGlass shows that PEPE’s long/short ratio has been more bullish than Dogecoin’s, indicating higher leveraged optimism among traders.

Whether this enthusiasm can translate into lasting gains depends largely on PEPE maintaining its current support zones and capitalizing on potential breakout opportunities.

Forecasts for PEPE in 2025 vary widely. Optimists point to the token’s expanding holder base, reduced exchange supply, and strong retail participation as drivers for continued growth. Some bullish Pepe coin price prediction models even suggest the possibility of PEPE returning to its all-time highs if market conditions align.

Pepe was trading at around $0.00001111, up 5.55% in the last 24 hours at press time. Source: Brave New Coin

Skeptics, however, warn that without significant whale support and sustained market catalysts, PEPE’s volatility could hinder its ability to rival Dogecoin over the long term. The question of whether Pepe Coin can reach $1 remains far-fetched under current fundamentals, given its massive circulating supply.

For now, PEPE stands at a crossroads—buoyed by a passionate community and bullish technical signals, yet vulnerable to market headwinds and competition from established meme coins.