Pepe Coin Down 0.5%: Why Is It Not Moving?

Pepe's PEPE/USD is trading sideways on Wednesday, but analysts anticipate a strong breakout.

Cryptocurrency	Price	Market Cap	24-Hour Trend	7-Day Trend
Pepe PEPE/USD	$0.057623	$3.2 billion	-0.5%	-11.7%
Dogecoin DOGE/USD	$0.1729	$25.7 billion	-0.7%	-11.4%
Shiba Inu SHIB/USD	$0.00001263	$7.4 billion	-0.6%	-13.4%

Trader Notes: Crypto trader Jameson noted that Pepe's chart is looking good.

$PEPE looking good here pic.twitter.com/Ty4XMoD3UY

— Jameson (@jamesonxbt) April 2, 2025

MaxBecauseBTC believes the biggest move is in the works.

He dismissed concerns over previous cycle tops (March, May, December), calling this period a re-accumulation phase before the next leg up.

He reaffirmed his long-standing $50 billion valuation target for Pepe, reminding traders that he made this call when PEPE's market cap was only $300 million.

Trader BagCalls pointed out that PEPE is currently at September 2024 levels and expects it to break the $10 billion valuation soon.

Statistics: IntoTheBlock data shows large transaction volume has dropped 27.4%, while daily active addresses are up 16.7%. Transactions greater than $100,000 are up from 161 to 175 in a single day.

Crypto trader Plazma stated that Pepe has added 346 new holders taking the total holders as of April 2 closer to 420,000.

Coinglass data shows Pepe liquidations in the past 24 hours at $2.01 million, the majority being long liquidations of $1.14 million. Derivatives trading volume expanded by around 12%.

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