PEPE price surged 25% within the last 24 hours, decoupling from the broader market gloom. Whale transactions on the PEPE network hit a weekly peak volume of $121 million on Monday. Technical indicators suggest the bullish momentum could weaken as PEPE price approaches the $0.000025 resistance level. PEPE price surged 25% within the last 24 hours, decoupling from the broader crypto market’s year-end volatility. With whales spotted entering last-minute buying frenzy, can PEPE breach the $0.
000025 resistance? PEPE price decouples from Crypto market dip with 25% rally PEPE has emerged the standout performer, as global cryptocurrency markets experienced intense volatility in the final trading hours of 2024. Amid the downtrend, Bitcoin price remains stuck below $95,000, struggling to reclaim key psychological levels, while Ethereum continues to falter around $3,300. Similarly, memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB) have recorded double-digit losses over the past week. However, amid this gloomy backdrop, PEPE price has increased considerably on Tuesday. PEPE Price Action | Source: TradingView According to TradingView data, PEPE's price climbed from a daily low of $0.000017 on Monday to reach $0.000021 during Tuesday's trading session. This 25% rally makes PEPE the best-performing asset among the top 20-ranked cryptocurrencies in the final trading day of 2024. With 1,500% yearly timeframe returns, and a market capitalization of $8.3 billion, PEPE is on course to close 2024 as the 3rd largest memecoin project behind DOGE and SHIB. Whales spotted trading $121M in last-minute frenzy PEPE’s 25% price surge on Tuesday has left many wondering if this momentum is sustainable or simply a temporary spike driven by short-term factors. On-chain data trends show an unusual spike in whale trading activity on the PEPE network, a move that could have sparked the rall