Pepe Coin (PEPE) whales are quietly loading up on the meme coin, as it attempts to find a foothold in the $0.0000080 area as the broader crypto market slides.
The US Securities and Exchange Commission (SEC) said on Thursday that meme coins are generally not considered securities under federal law, with these headlines followed by a few notable PEPE whale purchases.
At current price levels, PEPE is down one 70% from the record highs it hit above $0.000028 last December.
But the fact that whales are quietly moving to accumulate during the current market dip suggests that the risk reward of owning Pepe Coin is good right now.
Whales are often viewed as “smart money”, who tend to buy at the lows and sell at the highs.
Bitcoin (BTC)’s collapse to the low $80,000s this week has sent shockwaves through the crypto market.
But recent improvements in global liquidity levels suggest a bounce could soon be coming, which could also drag meme coins like Pepe higher.
Where Next?
The Pepe chart is pretty bearish right now. PEPE has been consistently finding resistance at its 21DMA in recent weeks, having collapsed hard below its 200DMA at the end of January.
That said, its 14-day RSI has been flirting with over-sold now for a few weeks. And the lesson from Pepe Coin’s near-two year price history is that it is a good idea to buy when the RSI is hovering around 30.
This was certainly the case in August/September 2023, January 2024, April 2024, August 2024 and then early November 2024.
Each of these oversold periods were eventually followed by impressive runs higher. So could we be on the cusp of another impressive run higher for the market?
Well, the tone in the broader traditional financial markets is quite risk off right now, with flows into “safe” assets like US bonds, USD and out of “risky” assets like stocks and crypto.
That seems to be as a result of nerves surrounding the impact of the Trump administration’s policies on the economy.
It’s tough to say when these nerves might ease, but in the background, crypto industry developments in the US this year are very bullish.
It’s likely only a matter of time before the market turns bullish again and PEPE snaps its downtrend.
A rally back to record highs would yield gains of around 3.5x for investors getting into the market right now.
That’s a very nice risk-reward. However, Pepe’s upside is limited compared to newer meme coins with much lower market caps.
Of course, these coins are much riskier. But if savvy traders are able to identify a project with a lot of momentum and potential, then banking big gains of 10x or more is very possible.
Pepe Alternative to Consider – MIND of Pepe (MIND)
Since its launch in January, an exciting new Pepe-inspired AI-agentic project called MIND of Pepe (MIND) has been able to raise over $6.5 million, signaling strong investor confidence.
This Ethereum-based meme coin integrates an advanced AI agent, designed to analyze market trends and social media insights autonomously.
Unlike typical meme tokens, MIND of Pepe offers utility through real-time intelligence and generous staking rewards of currently over 300% APY, with over 652 million tokens already locked.
Its innovative blend of AI and blockchain positions it as a contender in the growing AI-agent crypto sector, projected to hit $250 billion by year-end.
This unique approach could make it one of 2025’s most promising cryptocurrency launches.
Learn More About MIND Here
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