Whales Dump 41 Trillion PEPE – Here’s the Brutal Price Prediction Traders Are Watching
Front-running meme coin PEPE stands to lose its place in the “best crypto to buy” conversation, facing a potential 40% crash as selling pressure from whales mounts. Despite a 50% monthly surge, it may be too little, too...
Front-running meme coin PEPE stands to lose its place in the “best crypto to buy” conversation, facing a potential 40% crash as selling pressure from whales mounts.
Despite a 50% monthly surge, it may be too little, too late—whale holdings continue to decline, with 41 trillion tokens offloaded over the past three months as PEPE shed 60% of its value.
Economic uncertainty from the ongoing US-China trade war has fueled profit-taking as whales move to limit downside exposure.
Whales Offload 41 Trillion Tokens, but Should You Sell Too?Santiment Data shows that the supply of Pepe tokens held by these investors stands at 148.7 trillion—a 41 trillion drop from its 165 trillion peak in February.
Token supply held by whales. Source: Santiment.More so, data indicates that the 90-day Mean Dollar Invested Age (MDIA) has been in a downtrend, suggesting increased selling from long-term holders.
On the positive side, there are signs that the selling pressure is fading as the supply held by whales has held steady over the past week.
Sentiment may be shifting, especially with major technical developments on the daily time frames.
Pepe Price Analysis: Recovery Hangs on Key ResistancePEPE’s rebound over the past month marked the second bounce in a double-bottom pattern forming along a support zone that has marked major bottoms since mid-2024.
PEPE / USDT 3-day chart, double-bottom pattern. Source: TradingView / Binance.While the first stage of gains has materialized, a full breakout eyes a further 87% push to the $0.0000168 resistance zone.
A breakout is usually confirmed by a decisive break above the neckline—in this case, the $0.00000855 resistance—but the PEPE price has stalled.
If it can’t hold its position above this level, the meme coin risks a sharp reversal back toward the support zone and its YTD low of $0.000005725—a 41% decline from here.
Still, momentum indicators lean bullish, with the MACD line holding above the signal line and the RSI trending sideways above neutral.
The current slip hasn’t triggered a full trend reversal just yet, but the setup remains fragile. PEPE is vulnerable to broader market headwinds, particularly amid economic uncertainty.
This New ICO Uses AI to Spot High-Gain Opportunities Like PEPESidelined investors may have one final opportunity to buy PEPE before its next explosive rally, but at its $3.7B market cap, its biggest gains are behind it.
That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities before they go mainstream.
The MIND of Pepe AI will actively engage with the crypto community through X—driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights.
MIND of Pepe AI agent is coming to X — May 10th
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/lzfXwNajYe
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 $8.5 million in its ongoing presale, capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents.
You can keep up with MIND of Pepe on the mentioned socials, or join the presale on the MIND of Pepe website.
The post Whales Dump 41 Trillion PEPE – Here’s the Brutal Price Prediction Traders Are Watching appeared first on Cryptonews.
Original source
Read on CryptonewsRelated market context
Elon Musk’s trillionaire status puts his net worth above crypto’s entire market cap outside Bitcoin
Elon Musk has become the first person in modern history to amass a personal net worth exceeding $1 trillion, crossing the historic...
Bitcoin faces one of its biggest mining difficulty drops as miner margins collapse
The Bitcoin network is poised to execute one of the largest downward adjustments to its mining difficulty in its 17-year history t...
Crypto Today: Bitcoin ETF Rumours, Ethereum Strength, and Mining Heat for Canadian Homes
Bitcoin ETF rumours lift sentiment, Ethereum recaptures $3,800, and North Vancouver uses mining heat for homes. Coinbase unveils p...
GameStop SEC Filing Highlights Coinbase Custody Liquidation Risk For Bitcoin Holdings
TL;DR GameStop’s Form 10-Q includes digital asset custody risk disclosures. The filing discusses circumstances in which a custodia...
Bitcoin price challenges $64,000 weekend wall – needing a breakout or risk a deeper correction
Bitcoin reclaimed $64,000 on June 12 and touched an intraday high of $64,301 in the same session that spot ETF flows finally flipp...
Bitcoin Mining Cost Model Points To $47,000 Floor, But Analysts Urge Caution
TL;DR Crypto Rover says Bitcoin has never bottomed below electrical production cost, currently estimated at $47,000. Mining-cost m...