Pepe (PEPE) reacted fast to today’s shift in market mood. After the Bitcoin price sharp rebound from the mid-$80K zone back to the $93K region, liquidity spilled into high-beta tokens, and PEPE was one of the first to move.
The Pepe price jumped 12% to $0.000004619, and trading volume surged more than 45%, which shows real participation behind the candle.
PEPE is now sitting inside the day’s top gainers, and there are clear reasons why the move picked up so quickly.
Why PEPE Price Is Pumping
The first catalyst is the broader memecoin rebound. Sector-wide liquidity surged after Bitcoin reclaimed $93k and Ethereum pushed above $3k, sending risk appetite back into high-beta tokens.
According to Crypto.news, the memecoin market cap jumped 11.5% to $42.77B, and the PEPE price saw a similar move with an 18–19% spike during the upswing.
PEPE 24-hour trading volume also surged to over $516M, which confirms that both retail traders and algos chased the move.
Another push came from the regulatory side. SEC Chair Paul Atkins hinted at an “innovation exemption” starting in January 2026 – something that could massively reduce the pressure on crypto projects.
Vanguard moving into crypto services only strengthened the narrative that the industry is entering a more stable regulatory phase. With the SEC closing its cases against Ripple and Coinbase, the overall tone around altcoins improved sharply, and PEPE benefited.
PEPE also saw a jump in derivatives activity. Futures open interest climbed to around $300M, up more than 16% from November’s lows.
Funding rates flipped positive, which signals bullish leverage returning to the market. It’s not without risk; higher leverage increases liquidation pressure – but it shows traders are positioning for a trend shift.
What the PEPE Chart Is Showing
Analyst Borja pointed to a key development on the daily chart: the PEPE price RSI is pressing against a descending resistance line that has kept the trend capped for months. Breaking this line would mark the first meaningful shift in momentum.
The Stochastic RSI is already in the overbought zone, so rejection is still possible. But if RSI breaks out, the trendline becomes support, and the chart forms a clean break of structure (BOS) to the upside – the signal traders have been waiting for since September.
Price is also sitting inside a major demand zone. This is the same region that sparked previous recoveries, and PEPE is showing early signs of trying to bounce off it again.
Where Is Pepe Price Going?
Short term, the story is simple.
A move above $0.0000050 opens a path toward $0.0000063, which is where the last meaningful reaction point sits.
Momentum builds quickly for PEPE when it clears resistance levels, and a clean RSI breakout would likely invite more buyers.
If the PEPE price fails to hold above $0.0000040, the bounce loses strength and price may revisit $0.0000035–$0.0000037, the zone where the most recent accumulation took place.
Right now, momentum is improving, volume is strong, derivatives activity is rising, and the RSI signal is close to flipping.
The PEPE price pump didn’t just appear out of nowhere; it aligns with a real shift in both sentiment and structure. Traders are now watching whether this breakout attempt becomes the start of a bigger reversal.