PEPE 7-day increase of 65%, the meme coin revival behind the whale's high-stakes gamble

PEPE has demonstrated strong performance right at the start of the new year. As of January 5th, PEPE has increased by 9.36% in 24 hours, currently trading at $0.00000696, with a market capitalization of approximately $2.941 billion. But this is just the tip of the iceberg of recent gains; over the past 7 days, PEPE has risen a total of 64.61%, and over 30 days, the increase has reached 59.72%. This surge is not an isolated phenomenon but a reflection of the overall revival of the Meme sector, supported by positive signals from capital flows, technical breakthroughs, and a continuous rise in market sentiment.

Whales Accumulate, Building Confidence and Pushing Prices Higher

On-chain trading activity shows that large holders’ accumulation behavior is providing strong support for PEPE. According to the latest data, a whale after stopping out of a long position on ETH shifted $12.85 million into opening a 3x leveraged long position on PEPE. Currently, this whale has a floating profit of $1 million (23% return), making it the largest long position holder on Hyperliquid platform.

Professional traders’ actions are even more noteworthy. Renowned trader James Wynn achieved a floating profit of $480,000 over the past week through PEPE trading. Another trader, 0x419f, turned $58,700 into $489,900 within just a week using 10x leverage, realizing a 734% return. The active long positions of these on-chain whales not only pushed prices higher but also reflect institutional and professional traders’ bullish confidence in the market’s future.

Technical Breakthroughs Confirmed, Buying Interest Pre-Empts

PEPE’s rise is not purely driven by sentiment; technical analysis provides clear support. According to recent reports, PEPE has completed a structural reversal on the daily chart, successfully breaking through the key supply zone between $0.0000044 and $0.0000049. This breakout offers a clear bullish signal for short-term and swing traders.

Moreover, the spot CVD (Cumulative Volume Delta) indicator remains positive, indicating that buying pressure was present before the price started rising, suggesting that this rally is supported by real capital rather than mere sentiment. Market heat ranking shows PEPE consistently remains among the top three most discussed assets, with community activity and market attention steadily increasing.

Meme Sector Rebounds Across the Board, Individual Coins Show Divergence

PEPE’s strength is not isolated. The entire Meme sector has shown vigorous vitality at the start of the new year. Recent data indicates that Meme tokens have risen 6.23% to 6.74% in 24 hours, with the sector’s total market cap increasing by about 8.9% in the same period. Among these, PEPE led with gains of 13.67% to 17%, Bonk (BONK) surged by 21.27%, Dogwifhat (WIF) increased over 17%, while veteran Meme coins DOGE and SHIB saw more moderate gains of nearly 2% and over 8%, respectively.

This sector-wide movement reflects a key phenomenon: amid sideways or slow upward movement of mainstream coins (BTC breaking $93,000, ETH surpassing $3,200), speculative capital is reallocating from large-cap coins to high-risk assets. High volatility and high return potential make Meme coins the main targets for these funds seeking excess returns.

Personal View: Caution Needed for Emotion-Driven Markets

From a purely data-driven perspective, PEPE’s rise is supported by both capital flows and technical factors. However, it is crucial to recognize that Meme coins often lack fundamental support and are primarily driven by emotion and capital speculation. Today’s rapid surge could turn into a sharp decline tomorrow—that’s the fate of Meme coins. For participants, quick reaction ability and strict stop-loss discipline are more important than trying to predict the exact direction of price movement.

Summary

The 65% increase over 7 days for PEPE reflects a multi-dimensional market change: on the capital side, whale and professional trader accumulation provides strong support; technically, breaking key supply zones confirms an upward trend; sentiment-wise, the revival of the Meme sector creates emotional resonance for individual coins. But remember, high returns in Meme coins are often accompanied by high risks. Engaging in such trading requires caution and discipline. Going forward, key points to watch are whether this capital enthusiasm can be sustained and whether profit-taking will lead to significant pullbacks.