2026-01-02 15:27:02

PEPE today experienced an astonishing surge, fluctuating between 20% and 30%. This rally seems quite interesting — entirely driven by sentiment and capital, with no significant positive news on the fundamentals.

First, let's discuss the broader context. Bitcoin has recently shown signs of a rebound, which has prompted a lot of funds to shift into the high-volatility Meme coin sector. As an established player in this track, PEPE naturally became a key focus. Meanwhile, on-chain activity is also quite evident: open interest in futures is increasing, large transactions are frequent, and leveraged funds are clearly entering the market, directly pushing up the price.

The social media buzz has also picked up. Discussions on X and Telegram have exploded, with topics like "PEPE Army" flying everywhere. The number of new addresses is rising as well, a typical FOMO effect. From a technical perspective, PEPE had been declining steadily before hitting a critical support level. At this point, short covering and bottom-fishing funds rushed in, driving the price to start recovering.

As of the evening of January 2, 2026, PEPE's price remains around $0.0000049, with a 24-hour increase of 20%-25% (data varies across platforms). Trading volume over the past 24 hours has surged to the $500 million level, which is clearly abnormal. On the capital side, spot buying has increased significantly, and the proportion of long positions in futures is also rising. The nature of this rally is quite clear — a short-term pulse driven by capital and sentiment, requiring further observation to see if it can stabilize.

PEPE24,13%

BTC1,99%

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AirdropCollector

· 7h ago

Here it comes again, the FOMO game never goes out of style Short covering is so powerful? Let’s see how many days it can last BTC rebound is so effective, meme coin bagholders are back online Leverage entered the market, this wave might not hold steady The question is, how long can this 500 million trading volume last? Sentiment coins are being artificially pumped, we’ll see if there’s follow-up funding PEPE Army, wishing you all good luck Support levels, so what? Who can guarantee they won’t be broken again? Are the brothers bottom-fishing this time betting right or wrong?

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TestnetFreeloader

· 7h ago

Really, PEPE this wave is purely a capital game, with no fundamentals support. Leverage funds enter the market like this, once FOMO kicks in, no one can stop it. Will you buy this wave? Anyway, I’m just waiting to see what happens. Wait, can the support level hold, or will it crash again? This trading volume can't be sustained, it will eventually fall back. Meme coins are like this, once the hype passes, they cool down very quickly. Bet on it or stay on the sidelines, the choice is in your hands this time.

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ForkPrince

· 7h ago

This round is just the funds running out of new tricks; anything can be炒作d Wow, leverage is back in the game, isn't this just digging your own grave? FOMO people are about to get cut again, just like that A rebound at the support level is normal operation; if it can't hold, it'll be awkward Speaking of which, a 500 million trading volume probably won't last long; it feels a bit虚假

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ChainSauceMaster

· 7h ago

Here is the translation: --- Same old trick, BTC rebounds and starts to cut leeks again --- FOMO is really unbeatable, just jumping in based on hype --- Leverage entered the market, this wave will definitely crash sooner or later --- I predicted the rebound at the support level long ago, the question is how long can it hold --- 5 billion trading volume? That's outrageous, feels like the next step is a dive --- What they say nicely is emotion-driven, what’s less nice is just cutting --- Short-term pulses are real, I’m just waiting for a bottoming opportunity --- PEPE Army is hyping again? Always like this, in the end, they’re just the bagholders --- What’s the point of increasing spot buy orders? Futures longs are too risky --- Tired of the bottoming rebound routine, the key is whether it can break through the previous high

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AirdropHunter

· 7h ago

Enough, enough. It's the same old FOMO script. Leverage enters the market and ends up with the bagholders, waiting to get crushed. This wave of PEPE is just a capital game. If there's no fundamentals, don't bother. It'll be吐出来 sooner or later. Chasing highs will only cost you tuition. I'll just watch and see what happens. This hype rises quickly and falls just as fast. If you can't play, just watch the show. It's another accumulation of futures longs. Be careful of reverse爆单.

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GasFeeNightmare

· 7h ago

Leverage trading just like that, FOMO spreads and no one can stop it, it all depends on how many days it can last. This wave is purely emotional, without fundamental support it will eventually fall back, don’t be brainwashed by the PEPE Army. $500 million daily trading volume, this hype is too exaggerated, be careful of getting chopped. It was pushed up by short covering, let’s see if it can hold at 0.0000049, I bet it can’t. Leverage and futures again, this rhythm is a bit dangerous, how fast can it turn around? When Bitcoin rebounds, hot money rushes into meme coins, this routine has never changed. The rebound at support levels only gains a few points in percentage, when will the real market trend come? A surge in trading volume isn’t necessarily a good thing, it indicates more bagholders are entering. The most dangerous time is often when FOMO is at its peak, I’ve already run. A surge in new addresses? That’s probably a sign that new retail investors are entering.

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StealthMoon

· 7h ago

Leverage funds entering the market are like this, FOMO spreads incredibly fast. It's just a game of short covering; it's no wonder it can stabilize. This kind of emotion-driven rally, stay calm and think again. The bubble created by 500 million in trading volume, betting that the funds won't disperse. I dare not take on a market without fundamental support. This wave of PEPE is just a game of capital; who will be the last to take the bait? Support levels are rebounding, but it doesn't seem like it can last long. With so many long positions in futures, I have no idea how it will move next.

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