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DOGE Coin Millionaire Turns PEPE Rich After Losing DOGE Fortune in 2021

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  • Glauber Contessoto, once a DOGE coin millionaire, has bounced back with over $1 million in PEPE spread across six wallets. 
  • He switched from Ethereum to PEPE in February 2025 after ETH dropped from $3,800 to $1,555, citing PEPE’s strong meme appeal and cultural edge.

DOGE coin millionaire Glauber Contessoto is back to making huge profits from crypto, but this time, it’s from a different meme coin. In early 2021, Contessoto made a huge bet on DOGE and made huge profits before the market crashed. Apparently, he put in about $180K into Dogecoin and turned it into $3 million only to watch it crash to about $200K when the market tumbled.

Now he’s back in the spotlight and riding a new meme-coin hype on PEPE. He’s using the lessons from his past experience to avoid the same mistakes and is carefully plotting his next move.

DOGE Coin Millionaire Shifts Memecoin Buy Strategy

According to his X post, Contesoto now holds over $1 million worth of PEPE spread across six wallets. He still owns his original 5 million DOGE, currently valued at around $990,000. Earlier in February, he switched his Ethereum holdings to PEPE after watching ETH fall from $3,800 to $1,555 over the course of 11 months. According to him, his decision to switch assets came from his convictions on PEPE in terms of memecoin. He believes it’s one of the few meme tokens with the DOGE level of recognition.

He also likes PEPE’s tone and edge, saying it captures the real, raw side of online culture in a way that DOGE doesn’t. Looking back, he admits holding meme tokens for too long during the last bull market and regrets not cashing out sooner. He now understands that buying is simple, but selling at the right time is tough.

Learning from experience, he plans to sell half of his DOGE by the end of 2025, aiming to avoid past mistakes.

More Reading: VIRTUAL Shows Signs of Recovery: Is a Bullish Breakout at Hand?


Dogecoin Chart Repeats 2017, 2021 Patterns — Is a Major Surge Coming?

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  • Dogecoin trades near $0.228 and approaches the upper line of a wedge pattern.
  • Similar wedge formations in 2014–2016 and 2018–2020 led to big price jumps.
  • Traders expect a breakout soon, with some predicting Dogecoin could reach $1.

Dogecoin is once again drawing attention as technical signals on its weekly chart suggest a familiar pattern might be forming. A crypto analyst known as “Surf” recently posted an update on X, pointing to a potential breakout setup that looks similar to earlier ones that sent the coin surging in the past.

For context, the coin’s long-term chart shows a falling wedge that formed between 2014 and 2016, setting the stage for a surge in 2017. A second wedge followed from 2018 to 2020, leading to the historic run in 2021. Now, with a third wedge forming, hopes are rising that history might be gearing up to repeat.

With Dogecoin trading at around $0.228, the price is sitting near the upper boundary of the wedge. According to past trends, breaking that upper line could lead to a strong upward move.

DOGE 6
Source: Surf

Market watchers are talking about the coin potentially hitting $1, a level many in the community have long hoped for. Responding to Surf’s analysis, one user said there’s “not much work left to be done before [Dogecoin] takes off.” Another X user, Mark, commented, “$1 is a magnet,” with Surf replying in full agreement. 

Trader DK64Trades added more fuel to the bullish fire. He pointed out a key signal — whenever Dogecoin crosses above the 200 moving average on higher time frames, a strong rally usually follows. This, he believes, could push the coin beyond the $1 level during this cycle.

Dogecoin Bearish Signals Hint at Correction

At the same time, some warning signs remain. As of now, Dogecoin is priced at $0.228 and has shown a string of Doji candles over the past four days. These usually signal indecision in the market. It continues to hold above a $0.20 support level, with the 200-day Exponential Moving Average acting as another support at $0.2178.

DOGEUSD 2025 05 27 15 08 56
Source: TradingView

However, a double top pattern — often a bearish signal — has formed around the $0.25 supply zone and a resistance trendline stretching back to December. If DOGE closes below the neckline of this pattern at $0.2145, it could fall further, possibly revisiting the May low of $0.1667.

Adding to that pressure, the MACD indicator has moved beneath its signal line. That, along with bearish histograms, suggests sellers may have the upper hand for now. The Relative Strength Index has also dropped to 57, signaling fading strength among buyers.

If DOGE breaks above its current trendline, though, attention could shift to the $0.30 level. That mark has acted as both a support and resistance point in the past and might be a key target if momentum flips.

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Dogecoin Faces Short-Term Dip Risk to $0.20 Amid Bullish $1 Breakout Outlook

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  • Dogecoin stands to decline short-term to $0.20 as support flails with a 25% two-week increase.
  • Historical retail futures trading spikes mark DOGE tops; volume jumped 30% to $1.77 billion.
  • A Breakout of the falling wedge pattern indicates a probable rally to $1 in the present trading cycle.

Dogecoin (DOGE) has recorded an impressive 25% rise in the last two weeks to an all-time high of $0.24. Its movement is in line with the overall crypto market’s upward movement. The asset has declined 0.3% in the last 24 hours as of the time of writing and was trading at $0.22.

Retail traders are showing renewed interest in DOGE, especially amid rising meme coin popularity. Despite recent gains, technical indicators suggest possible downside risks. A minor decline hasn’t shaken optimism, but concerns remain as broader market sentiment begins to weaken following macroeconomic uncertainties.

Bearish Signals Emerge as Analysts Predict Pullback

Crypto analyst KrissPax noted a new lower low forming on Dogecoin’s chart, signaling weakening support. This combined with overall market vulnerability has the potential to drive DOGE towards $0.20 during the weekend. Traders are on high alert as they watch for the meme coin crossing the key psychological support level.

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DOGE’s struggle to hold important support levels indicates increasing bearish momentum. The breakdown of these critical price levels has heightened selling pressure, and the short-term outlook of the meme coin is in jeopardy. Most analysts are keeping an eye on whether DOGE will approach the psychologically critical $0.20 price point in the days that lie forward.

According to CryptoQuant contributor burakkesmeci, Dogecoin’s past peaks align with spikes in retail futures trading. He shared a chart revealing that high-frequency futures trades by retail investors often precede local price tops. These periods often precede corrections due to excessive market greed.

cq1 021c01

Bullish Breakout Pattern Hints at $1 DOGE

On the bullish side, crypto analyst Anup Dhungana spotted a breakout from a long-term falling wedge structure on DOGE’s weekly chart, a historically bullish chart setup that tends to be the precursor to marked price rallies. Using his chart interpretation of it, Dhungana predicts DOGE has the potential to ascend back towards $1 in the current cycle.

Dogecoin is now priced at $0.2169, representing a 3.63% day decrease. Its market capitalization has dropped to $32.39 billion, representing a 3.62% decrease in line with the price movement. The trading volume dropped 30% to $1.77 billion, an indication of increasing investor interest perhaps caused by dip-buying and speculation. 

Dogecoin’s fully diluted value (FDV) also currently stands at $32.39 billion, representing all of the tokens being in circulation. Although volatility is still present, the ongoing bullish signs of DOGE point to strength in the memecoin space and suggest further upward movement.

DOGEUSDT 2025 05 17 07 57 06

Read More: Dogecoin: High Transaction Volume and Whale Activity Could Cause Price Rise

Coinbase CEO Brian Armstrong Invites Former DOGE Staff to Join Crypto Exchange Roles

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  • Coinbase opens job opportunities for former DOGE staff amid crypto sector growth.
  • DOGE claims $170 billion in federal savings as Armstrong seeks their expertise.
  • Coinbase backed crypto-friendly PACs with over $70 million in 2024 political contributions.

Brian Armstrong, CEO of Coinbase, has invited U.S. Department of Government Efficiency (DOGE) employees to join his firm. In a recent post on X, Armstrong highlighted the possibility for these individuals to pursue their cause of establishing more efficient systems in the crypto sector. 

The invitation is targeted to accelerate the hiring process for former DOGE operatives and provide them with an opportunity to apply directly for positions at Coinbase. The offer is after a viral Fox News clip featuring Ethan Shaotran, a 22-year-old former DOGE staff member and Harvard dropout. 

Shaotran also revealed his personal experience working at DOGE, including social and academic challenges he encountered while working with the department. This is Armstrong’s response to Shaotran’s response to align Coinbase with the public support of the objectives of DOGE.

DOGE’s Mission and Its Impact on Federal Operations

The Department of Government Efficiency (DOGE), established in Trump’s presidency, was to facilitate the streamlining of federal operations and cut unnecessary expenses. Under the leadership of Elon Musk and Vivek Ramaswamy, DOGE saved substantially citing $170 billion from asset sales, layoffs and the slashing of redundant programs. 

However, DOGE has dealt with criticism, such as concerns about security and public objections to its approach. Even so, Armstrong’s outreach points to an increasing link between tech efficiency and the crypto market. Shaotran and other DOGE staff members were acknowledged for their focus on addressing inefficiencies and putting in countless hours to fight bureaucratic issues.

Coinbase’s Commitment to Advancing Pro-Crypto Legislation

The invitation from Armstrong to former DOGE employees also indicates Coinbase’s growing involvement in politics. The company has publicly contributed to pro-crypto political action committees (PACs), including those supporting former President Donald Trump. Moreover, in 2024, Coinbase’s financial contributions totaled over $70 million which supports candidates and initiatives advocating cryptocurrency-friendly laws.

This decision comes after Coinbase added Chris LaCivita, Trump’s former campaign co-manager, to its advisory board. Armstrong’s willingness to hire DOGE staffers reflects an effort to attract professionals with a background in government efficiency and disruption. This is consistent with Coinbase’s strategy to innovate within the financial world, especially since the firm’s entry into the S&P 500 index is a landmark for crypto in traditional banking.

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Tesla Turmoil Sparks Questions, But DOGE Holds—Is a Surge Ahead?

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  • Dogecoin remained stable around $0.175 despite rumors about Tesla seeking a new CEO.
  • Tesla and Elon Musk denied reports of a leadership change amid concerns over his political involvement.
  • DOGE showed minimal reaction to the rumors, reflecting a maturing market response to Musk-related headlines.

Dogecoin (DOGE) held steady around the $0.175 mark despite rumors of a leadership shakeup at Tesla involving Elon Musk. The price increased by 0.5% in the last 24 hours, reflecting limited market reaction. Although the speculation was denied, the token showed unusual stability compared to past Musk-related developments.

Tesla Leadership Rumors Fail to Move DOGE Price

Recent information revealed that Tesla’s board had contacted executive search firms to address their concerns regarding Elon Musk’s growing political involvement. Tesla and Musk rejected the statements, classifying them as incorrect. The market reaction to Dogecoin showed minimal price volatility as evidence of Musk’s decline in influence on its value.

Tesla decided to start accepting Dogecoin payments when buying its merchandise during the initial months of 2022 and continues to be the unique leading company that enables this option. Past statements from Elon Musk and his activities create immediate price volatility of large magnitudes for DOGE within short periods. Market participants in this situation did not exhibit their typical response behavior.

The change in sentiment signals a more predictable market reaction, which occurs along with increased focus on the coin’s core developments. The rumor failed to cause significant trader movement between entering and exiting the market. Market participants have evolved their responses to Musk-related news based on these recent examples.

Spot DOGE ETF Optimism Sparks Bullish Sentiment

The crypto market demonstrates rising interest about the upcoming approval of a spot Dogecoin exchange-traded fund because it signifies a transformation for the token’s future direction. Nasdaq filed a 19b-4 form with the SEC on April 29, submitted for the 21Shares Dogecoin ETF listing. The S-1 registration occurred first from 21Shares and House of Doge before they filed the 19b-4 form.

According to Eric Balchunas and James Seyffart of ETF analyst ranks, the SEC is 80% likely to authorize the spot Dogecoin exchange-traded fund before the end of 2025. The approval of a 21Shares Dogecoin ETF by the SEC would signify a substantial boost towards institutional adoption of the token. The clearance of this ETF will make it the initial distributed ETF for DOGE within the United States.

Analysts and market traders have become optimistic following the optimistic signals about SEC approval. Because of this development, new capital will enter the market through regulated financial institutions. Investors’ positive outlook may affect DOGE’s future ranking position as a top digital asset.

Whales Accumulate 100 Million DOGE as Accumulation Pattern Builds

Large wallet addresses acquired a total of 100 million DOGE worth $17.5 million during the previous seven days. Major market participants demonstrate increased confidence through the boosted whale accumulation of bitcoins into their wallets. This recent surge in whale activity supports market expectations of an imminent significant price movement.

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Source: X

The daily price of DOGE is above its 20-day Simple Moving Average while maintaining upward momentum between Bollinger Bands. After breaking decisively above $0.19, the price should aim for $0.21. The current technical market indicators reveal a neutral stance without major market speed changes.

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DOGE price chart | Source: TradingView

Dogecoin created an Accumulation Cylinder according to analyst-noted chart patterns on the 3-day chart during July 2024. A positive indication of substantial price appreciation often occurs after the Accumulation Cylinder pattern is validated by increased volume traded. Many Dogecoin participants anticipate upcoming price surges that will take the currency into new elevation territories.

Dogecoin at a Crossroads: Breakdown or Breakout?

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  • In January, dogecoin open interest slid from $1.57B to $5.42B, an indicator that fewer investors are interested in it and the coin could be pressured closer to the firesale.
  • DOGE needs to hold support of $0.16; failing to do so may see it drop to $0.06 or rally to $0.57, analysts warn.

Dogecoin’s open trading activity keeps dropping, which leads investors to worry about its future as a meme digital currency. The market data shows DOGE will probably keep going down if the present movement keeps going.

Coinglass data reveals that the pending derivative stakes for Dogecoin reached $1.57 billion on January 31 yet returned to $5.42 billion on January 18. During December 2024, Dogecoin started falling from $0.46 before the latest drop in open interest.

coinglass
Source: Coinglass

Falling open interest shows that traders are less interested in DOGE as they wait for better opportunities. Fewer traders entering the market would create more selling and push prices downward further.

Dogecoin Faces Critical Crossroads, Analysts Warn

The market uncertainty about economic factors fuels negative expectations for DOGE. US President Donald Trump’s reciprocal tariff plan creates market fears about an economic slowdown worldwide, which makes DOGE as an investment class very susceptible to risk. DOGE dropped from its weekly peak of $0.20 because of market pressures that made it hover around a crucial support level.

Crypto analyst Ali Martinez highlighted that Dogecoin (DOGE) is at a make-or-break level. If DOGE holds at $0.16 and bounces strongly from this level, a rally to $0.57 could be on the cards. Conversely, If DOGE fails to hold its support, then there will be more pain ahead, and a drop to $0.06 is possible.

ali doge
Source: Ali chart

Moreover, crypto analyst Master Kenobi emphasized that a bull market for Dogecoin ends when its price declines below $0.14. Crypto analysts are divided on Dogecoin’s (DOGE) future, with some predicting challenging times ahead while others anticipate significant growth.

analyst 2
Source: X

Currently, DOGE is trading at $0.16 and down 2% in the last 24 hours, mirroring the overall market trend. Moreover, its trading volume is also down by 47%, showing a bearish price trajectory.

Elon Musk Breaks Silence on DOGE: No Plans to Adopt Dogecoin Yet

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  • Elon Musk confirmed that the Department of Government Efficiency will not adopt Dogecoin for federal use.
  • Musk clarified that the DOGE project focuses entirely on improving government efficiency and is unrelated to cryptocurrency.
  • The department was renamed after public input, which was unintentionally confusing due to its similarity to the Dogecoin name.

Elon Musk confirmed on Sunday that the Department of Government Efficiency (DOGE) has no intention of adopting Dogecoin for federal use. Despite growing public speculation, he clarified the separation between the DOGE initiative and the cryptocurrency. An online crowd got confused because the government project and the well-known cryptocurrency meme coin have identical names.

Musk stated that the government dedicates its attention to operational improvements while avoiding support for cryptocurrency systems. During his public appearance in Green Bay, Wisconsin, he addressed the circulating rumors about the DOGE’s federal use. Although Musk supports Dogecoin personally, he stressed that it holds no official role in federal operations.

Under Musk’s direction, DOGE aims to improve internal systems and reduce excess spending without integrating cryptocurrency. According to his explanation, the department had different names at its origin point until it shifted to a more engaging title. The public feedback process resulted in the official name selection, which caused people to wonder if cryptocurrency plays a role.

DOGE Initiative Targets Efficiency, Not Cryptocurrency Integration

Elon Musk continues to lead the Department of Government Efficiency, which is tasked with improving performance by cutting waste and inefficiency. The initiative will enhance government performance by 15% through systematic changes and expense reduction strategies. Musk clarified that these efforts do not involve Dogecoin or any crypto assets.

The DOGE project has laid off thousands of federal employees and eliminated redundant roles to reduce unnecessary expenses. The department conducted a review that evaluated multiple operating functions to discover possible consolidation locations. The department has organized multiple federal processes through internal operational improvements.

Additionally, DOGE has prioritized reviewing federal expenditures and optimizing procurement systems. The department faced serious problems because it distributed numerous government-issued credit cards. Musk notified authorities about discovering 4.6 million federal government credit cards beyond the number of active workers, which triggered an instant response.

Musk to Step Down After $1 Trillion Deficit Cut Goal

Musk stated that he would depart from his government position after obtaining a $1 trillion deficit reduction goal. His expected date to reach the $1 trillion deficit reduction is the end of May, with a total work period of 130 days. During his interview with Fox News, Musk demonstrated his positive outlook regarding the project timing by revealing his predicted completion date.

Under Musk’s leadership, DOGE has accelerated cost-cutting measures across multiple departments, reviewing contracts and funding allocations. The team has dedicated their efforts toward stopping fraud activities as well as preventing fund misuse and ensuring accountability through proper enforcement measures. His decisions receive approval and disapproval from legislative representatives and the general public.

Critics argue that DOGE’s decisions bypass traditional oversight and legislative review. The critics state that leadership made certain decisions without obtaining correct approval from Congress. The Tesla and SpaceX CEO declared that the company thoroughly examines all decisions before adjusting them to fit legal guidelines.

Musk Reaffirms Separation Between DOGE Project and Dogecoin

Despite his public support for Dogecoin, Musk firmly denied any federal plans to adopt the cryptocurrency for government use. He clarified that DOGE’s mission is focused solely on fiscal responsibility and administrative efficiency. Musk acknowledged that the name coincidences between DOGE and the U.S. government payments system inaccurately suggested such a connection.

Tesla’s CEO has long promoted Dogecoin for its simplicity and potential in day-to-day transactions. He maintains distinct professional boundaries between his government work and his individual opinions. While he continues to post about Dogecoin, it plays no role in his federal efficiency mission.

According to Musk, the DOGE project should not be confused with any digital currency program. He also stated that the adoption of crypto has no place within the existing government policies. This clarification aims to end public speculation and keep attention on DOGE’s true purpose.

Musk’s DOGE Team Gains Exclusive Access to SEC for Efficiency Measures

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  • DOGE team granted SEC access to streamline operations and data.
  • SEC staff to cooperate with DOGE following ethics and security protocols.
  • Lawmakers demand GAO review of SEC’s collaboration with DOGE team.

Elon Musk’s Department of Government Efficiency (DOGE) has reportedly gained access to the U.S. Securities and Exchange Commission (SEC). Musk leads the team which is responsible for the implementation of the government cost-saving initiatives. The SEC revealed they would team up with DOGE but did not outline the exact scope or purpose of their collaboration.

SEC and DOGE Collaboration

The SEC staff received information that members of the DOGE team will receive staff privileges such as network system and data access. The liaison team will assist DOGE requests as well as ensure adherence to ethical standards and IT security measures. The SEC will evaluate data requests on a need-to-know basis before approval.

A team from DOGE received authorization through an executive order signed by President Donald Trump in January. The order enables DOGE to pursue cost-reduction programs that aim to downsize various government entities. The past actions of DOGE, especially the proposed budget cuts for USAID and the CFPB have received widespread criticism.

Musk’s team has received widespread criticism because of its aggressive approach to restructure government agencies. Federal employees have expressed legal skepticism about the controversial dismissals of thousands of workers by DOGE. In March 2025, a federal judge ruled that most dismissed workers must be reinstated to their positions.

The collaboration between SEC and DOGE continues despite these concerns. More than 600 workers from the SEC decided to voluntarily leave their positions as the agency conducts major organizational changes. About 12% of SEC staff have departed from their positions.

Concerns over DOGE’s Influence on SEC

These changes have prompted the SEC to initiate measures to streamline its operations. Democratic senators have expressed concerns about the effects of reduced SEC workforce on investor protection. These senators have demanded the Government Accountability Office (GAO) to review SEC activities influenced by DOGE.

Paul Atkins, President Trump’s nominee for the SEC chair, expressed his readiness to work with DOGE. Atkins expressed his readiness to collaborate with Musk’s team if confirmed as the SEC chair when he appeared before the Senate for his confirmation hearing. The Senate Banking Committee is reviewing his appointment as SEC chair.

The SEC budget is funded by transaction fees instead of taxpayer revenue but remains under public scrutiny. However, the influence of DOGE and its cost-saving measures on SEC continues to raise concerns.These changes at the SEC continue to evolve amid political and legal challenges.

The SEC might provide additional updates about its DOGE-related developments in the coming weeks. The partnership between DOGE and the SEC will determine the commission’s operations in the future although specific effects remain unclear.

DOGE’s SuperTrend Flips Bullish As Elon Musk’s Cryptic Tweet Fuels Hope

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  • DOGE’s SuperTrend indicator signals a potential bullish shift if it breaks $0.21. Traders eye this level for a buy signal, despite market volatility.
  • Elon Musk’s “Lion King” meme sparks DOGE optimism, fueling speculation about its rising importance and hinting at Musk’s current focus.
  • Institutional interest in DOGE surges with Grayscale’s fund launch, alongside MACD breakout signals, with traders targeting a $1 price goal.

OG meme coin DOGE is back in the limelight. As per Ali Martinez, the token’s SuperTrend indicator is flashing signs of a bullish phase upon breaking the $0.21 resistance level.

Traders often used this metric to identify potential buy or sell signals. As seen in the chart, the indicator line is the grey line. DOGE’s price has mostly traded below the gray area, indicating a downtrend. A break above the key resistance line could shift to the bullish path. This also means that the SuperTrend indicator would flip from a sell signal to a buy signal if the price crosses above the key hurdle.

This metric acts like a traffic light for traders, which might turn green following a price breakout. Still, such indicators are always foolproof, as market conditions vary rapidly; traders should use them along with other analyses and risk management to gauge price movements.

DOGE
DOGE's SuperTrend Flips Bullish As Elon Musk's Cryptic Tweet Fuels Hope 12

The optimism surrounding the top meme coin comes after Elon Musk shared a cartoon image holding a Shiba Inu, resembling that of the iconic “The Lion King,” where Rafiki holds up Simba. Fans speculate if the post suggests some kind of triumph or celebration, or even the rising importance of DOGE.

DOGE’s $1 Target: Grayscale Fund & MACD Breakout Fuel Optimism

It could also be a cryptic hint of Musk’s current focus. Nevertheless, “the theme of the day” is open for interpretation and could likely be intended to be funny and playful, rather than serious.

That being said, the meme coin ecosystem is heating up as institutional interest is on the rise, with Grayscale launching a Dogecoin-focused fund, bringing serious attention to the meme coin. Analysts also note the MACD breakout, which could pave the way for a major run-up. As for now, traders are eyeing a much bigger target of $1 for the next leg up.

$DOGE had a perfect multi-year support trendline retest. Memes are slowly moving up now, and I expect the meme coin to lead the rally.

PEPE’s Hidden Catalysts: Why DOGE and ETH Could Trigger a 60% Explosion

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  1. PEPE’s 4-hour chart shows a bearish rising wedge; a breakdown below 6800 could trigger a drop to 6200, signaling potential losses.
  2. A successful defense of the 6800 support could lead to a bullish rebound towards 7500, with Ethereum’s momentum fueling a 50-60% rally.
  3. Despite technical warnings, PEPE leads in social and market activity, ranking highest among rising crypto stars, including BMT and CAKE.

Is $PEPE losing ground? The popular frog-themed meme coin has displayed warning signs. A rising wedge has formed on the 4-hour chart, a pattern that typically leads to a downward move. Amidst this troubling pattern, analysts have uncovered two key catalysts that could supercharge the meme coin.

After a robust rally of 14% in the weekly index, PEPE’s technicals depict signs of weakness inside this bearish wedge. Technical analysts note the price struggle near support, and suggest that a breakdown could trigger further losses. Traders are keeping an eye on these crucial levels. If support fails, a drop toward 6500 – 6200 could be next.

One of the possible scenarios is a bearish breakdown – If the price loses 6800, expect a move toward 6500 – 6200 as selling pressure builds. One key factor is to look out for high volume to confirm the breakdown.

On the other side, a bullish recovery scene would likely be defending the 6800 zone, which if successful could propel PEPE to bounce back toward 7500+. To put it simply, a breakout above wedge resistance would shift the momentum bullish again.

PEPE
Source: @cryptosatred

However, market experts suggest PEPE/DOGE and PEPE/ETH as the two key movements that should remain on the traders’ radar. Both Dogecoin and Ethereum have acted as market catalysts for the meme coin in the past. A successful breakout above the neckline resistance at $0.00000720 USDT can trigger massive moves on the meme coin.

PEPE Steals the Spotlight: Outranking BMT and CAKE as Social Activity Surges

Analysts further predict a 50-60% rally if Ethereum ($ETH) shows upward momentum (let’s assume, with a broader altcoin season).

While, traders and investors are laser-focused on the meme coin’s next move, PEPE is gaining tremendous traction based on the combined social and market activity today. As per LunarCrush, the meme coin is ranked at the top, making it the only high-ranked meme coin among the rising stars like Bubblemaps’ BMT token and PancakeSwap’s CAKE.