2026-04-23 12:34:50
Whales Just Accumulated 800 Billion PEPE Tokens in a Week: Is a Breakout Above $0.0000041 Coming?
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PEPE price is trading at approximately $0.0000037, down 4.91% in the last 24h as Bitcoin’s pulls back below $78,000. Volume tells the real story, 72% above average, with whales accumulating 800B tokens last week alone. Whether that institutional appetite translates into a sustained breakout or another fakeout depends on one critical resistance level. After 8 months, whale 0x2Dc8 withdrew another 800B $PEPE ($3.08M) from Coinbase Prime. 8 months ago, whale 0x2Dc8 withdrew 600B $PEPE ($7.32M at the time) from Coinbase Prime and is now down $5.04M. https://t.co/OiOsfsFWdV pic.twitter.com/gKCs10RnWg — Lookonchain (@lookonchain) April 23, 2026 Bitcoin price surge early this week came on the heels of President Trump’s announcement extending a ceasefire with Iran, easing geopolitical pressure that had weighed on risk assets. Spot Bitcoin ETFs have pulled in over $1.9 billion in recent inflows, led by BlackRock’s iShares Bitcoin Trust. The macro tailwind is real, but PEPE’s technical structure suggests the market still has unfinished business below current prices before any serious leg higher. Memecoins Marketcap / CMC Meanwhile, broader memecoin momentum is building across the board, with traders rotating aggressively into assets outside the top ten. The setup is forming. Here’s what the chart is actually saying. Discover: The best pre-launch token sales Can PEPE Price Hit $0.0000520 Before the Next Bitcoin Correction? PEPE price is consolidating in what on-chain analysts are calling a historic demand zone , against an all-time high of $0.00002803 set in December 2024, meaning the token is still trading roughly 54% below peak. Daily trading volume holds firm between $367M and $437M, signaling that demand hasn’t evaporated despite the drawdown. PEPE price is sitting right under a key trigger, and $0.00000410 is the level that decides whether this turns into continuation or just more chop, because a clean close above it flips resistance into support and opens the path toward $0.0000052, then higher. Source: Tradingview For now, though, it still looks like a waiting phase, with price likely moving between $0.0000037 and $0.0000041 while the market watches Bitcoin before committing to a real move. The level underneath that matters is $0.00000361, because as long as it holds, the structure stays intact and dips can still get bought, but if it breaks with volume, the setup weakens fast and price likely drops toward the $0.0000030 zone. Discover: The best crypto to diversify your portfolio with Maxi Doge Targets Early-Mover Upside as PEPE Tests Key Resistance PEPE’s $1.62 billion market cap means the math on a 10x from here gets uncomfortable fast. Reaching even half its all-time high requires sustained institutional flow that, candidly, has not yet materialized at scale. Traders hunting asymmetric upside are increasingly scanning the presale tier, where entry prices are fixed, and the ceiling hasn’t been set by the market yet. Maxi Doge (MAXI) is one name gaining traction in that conversation. Built on Ethereum as an ERC-20 meme token, the project pitches itself as a 240-lb canine juggernaut embodying a 1000x leverage trading mentality, complete with holder-only trading competitions, leaderboard rewards, and a Maxi Fund treasury backing liquidity and partnerships. The tagline is blunt: never skip leg day , never skip a pump. The presale has raised $4.7M at a current price of $0.0002814, with dynamic staking APY available for early participants. The project recently crossed a significant presale milestone , and the gym-bro meme culture driving its marketing has demonstrated genuine viral traction. (Meme velocity matters more than most analysts admit. PEPE’s own origin proved that.) Research Maxi Doge . The post Whales Just Accumulated 800 Billion PEPE Tokens in a Week: Is a Breakout Above $0.0000041 Coming? appeared first on Cryptonews .