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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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Why is $PEPE bullish?
The Pepe price consolidated for 66 days between March 14 and May 19, increasing orders. On May 20, the frog-themed meme coin broke through the $0.0000058 to $0.0000108 range on the rise and launched its 65% rally.
According to Santiment, 24-hour active addresses, wallets interacting with the Pepe blockchain, dropped from 3,600 to 12,000 between May 21 and May 22. This sudden increase is similar to the rise of active addresses in mid-May, when PEPE shot in rise 36%.
This metric shows that investors are interested in Pepe at current price levels.
Pepe benefits from the $ETH #ETFet du FOMO, which currently exists. The price could soon reach the $0.00002 level and reach $0.00005 in some time.
However, it is possible that along the way, several substantial corrections will occur.
No financial advice. Make your own DYOR.
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