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 Resistance
PEPE’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 PEPE
Sidelined 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.
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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 $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.
