Whale Demand and Meme-Coin Rally Send Pepe (PEPE) Surging 18.5%

Pepe (PEPE) experienced a significant surge of 18.5% over the past ~25 hours, driven by renewed whale accumulation and derivatives interest combined with a broad risk-on meme-coin rally.

A cluster of large PEPE buys was accompanied by a leverage build-up in derivatives, which amplified spot demand. This led to a sharp upside extension, adding fuel to the move.

The surge is not just small retail speculation, but is backed by large-ticket buying, reduced immediate sell supply on exchanges, and a clear tilt toward leveraged longs.

PEPE broke above important moving averages and a recent swing high, attracting breakout traders and algorithms. This kind of multi-level breakout tends to shift the narrative from 'range-bound' to 'uptrend resuming.'