PEPE Coin Replicates Dogecoin's Historic Price Trajectory, Sparking Breakout Speculation

The meme coin, which is trading at $0.00001982 after a 1% rise in the past 24 hours, has drawn comparisons to Dogecoin's explosive rally during its previous cycle.

NAIROBI (CoinChapter.com) — PEPE coin appears to be replicating Dogecoin’s (DOGE) historic price trajectory, sparking speculation about a potential breakout. The meme coin, trading at $0.00001982 after a 1% rise in the past 24 hours, has drawn comparisons to Dogecoin’s爆発的なラリー during its previous cycle.

Crypto analyst Max highlighted the similarities between Pepe’s current price pattern and Dogecoin’s famous rally during the last market cycle. The analyst noted that PEPE is consolidating around its previous highs in a manner strikingly similar to DOGE before its meteoric rise. Calling the bears “cooked,” MaxBecauseBTC revealed he had taken a long position on PEPE.

Another analyst, CryptosRus, shared a similar sentiment, stating that if Pepe continues to follow Dogecoin’s trajectory, a major rally could be on the horizon.

Whales also made significant moves, with one depositing 254.65 billion PEPE coin, valued at $5.15 million, into Binance. The transaction generated a profit of $4.81 million within 13 hours, translating to a 13x return. The whale currently holds about 430 billion PEPE. At current prices, that’s valued at $8.13 million, with unrealized profits of $7.74 million.

Crypto influencer Comet, who boasts 81,000 followers, revealed that he bought 1 million PEPE coin tokens for $19. While Comet joked about becoming a millionaire if PEPE reaches $1, analysts have dismissed such projections. A $1 valuation would push PEPE’s market cap to $416.6 trillion—higher than the combined market cap of all publicly traded companies and global GDP, which stands at $105.4 trillion.

However, despite a 30% pullback from its November high, Pepe’s market cap still stands at a robust $7.6 billion. This places it among the top meme coins like Dogecoin, Floki, and Popcat. Moreover, although the coin has entered a technical bear market, its ability to mimic Dogecoin’s price patterns has kept traders watching closely.