Pepe Price Nears Breakout as Whales Accumulate 170 Billion Coins

Pepe (PEPE), the meme coin inspired by internet culture, is showing signs of a potential breakout as whale activity surges. On May 26, 2025, reports indicated that a prominent trader, James Wynn, acquired approximately 1.42 trillion PEPE coins with 10x leverage on Hyperliquid, signaling strong confidence in the token’s short-term potential. This follows a broader trend of whales accumulating 170 billion coins, driving speculation of a significant price rally.

Pepe’s price has been consolidating near key resistance levels, with technical indicators suggesting a breakout could push it toward new highs. Analysts point to increased on-chain activity and reduced token supply on exchanges as bullish signals. The meme coin’s appeal lies in its community-driven momentum and cultural resonance, which continue to attract retail and institutional interest. However, volatility remains a concern, with some analysts warning of a potential pullback if the broader market corrects.

Sentiment on X is mixed, with some users optimistic about Pepe’s trajectory, citing whale accumulation as a precursor to a 200% surge, while others caution against overleveraged positions. The coin’s performance is closely tied to market sentiment, with events like Trump’s “Liberation Day” speech potentially fueling altcoin rallies. Pepe’s ability to sustain momentum will depend on breaking key resistance levels and maintaining whale support.

The meme coin market remains highly speculative, but Pepe’s recent whale activity underscores its growing prominence. As investors monitor technical patterns and market dynamics, Pepe’s breakout potential could redefine its role in the crypto ecosystem, provided it navigates volatility and sustains community engagement.