Pepe news

Canary Capital has filed an S-1 application with the SEC to list a spot PEPE ETF, following previous applications for MOG and Pengu ETFs. The firm noted PEPE launched in April 2023 with over 420 trillion tokens and no utility. The move comes as issuers test regulatory limits after successful Bitcoin and Ethereum ETFs, with Morgan Stanley recently launching a spot Bitcoin ETF. PEPE has a $1.5 billion market cap and trades at $0.0000036.

PEPE has fallen for six weeks, but on‑chain data shows whales have amassed about 23 trillion PEPE in the last four months, boosting hopes of a rebound. Analysts note that large wallets can trigger rallies, yet liquidity constraints and bearish sentiment keep investors cautious. A sustained rise in meme‑coin dominance could signal a broader recovery.

Dogecoin rose about 11% and PEPE jumped roughly 17% on Friday, marking the start of 2026’s “meme season.” The surge followed a sharp intraday push, with traders citing liquidity return and speculative flows from large caps. CoinGecko’s GMCI Meme Index shows a $33.8 billion market value and $5.9 billion 24‑hour volume, indicating a broader meme‑coin rally that also lifted Shiba Inu, Solana’s Bonk, and smaller tokens such as Mog Coin and Popcat. Analysts caution the rally may be fragile and dependent on continued high risk appetite.

After the holiday lull, memecoins dominated the crypto rally, with PEPE surging 32% and other tokens like POPCAT, MOG, FLOKI, Doge, Shiba Inu and BONK gaining 12‑16%. The sector’s gains reflect a broader January rotation into risk‑seeking assets, following 2025’s underperformance versus equities and gold. While Bitcoin rose 2.4% and Ethereum 4.5%, the AI token ElizaOS jumped over 50% and other tech‑focused coins added 8‑13%. Analysts note the early‑year surge could signal upside after consolidation, but confirm on higher timeframes. Market sentiment remains buoyed by regulatory momentum and institutional crypto‑treasuries.

Memecoin market cap hit an 8% surge to $39.45 billion, a two-week high, driven by PEPE (+23.6%), BONK (+10%) and DOGE (+8%) as influencer hype and a 2026 outlook spurred gains. Open interest jumped 77% for PEPE to $441 million and trading volume rose 35% to $4.75 billion, signalling bullish sentiment. The rise follows a 22% rise in TOTAL3, the crypto cap excluding BTC/ETH, which sits in an ascending channel. Analysts say the rally may continue if TOTAL3 overcomes resistance at $848 billion, targeting $900 billion. Sentiment has moved from extreme fear to recovery.

Bubblemaps analysis shows nearly 30% of Pepe’s genesis supply was held by a single wallet cluster, which sold $2 million worth of tokens the day after launch, creating heavy early selling pressure that prevented the memecoin from reaching a $12 billion market cap. The concentration contradicts Pepe’s “coin for the people” claim, as the token launched stealth‑mode with no presale allocations. A December website hack also redirected users to a malicious drainer, raising investor concerns. Despite the downturn, a trader turned a $2,000 investment into $43 million by holding through a 74% drop, and Bubblemaps’ forensic tool has previously uncovered other insider‑heavy launches.

The official Pepe memecoin site was hacked and now redirects visitors to malware, according to security firm Blockaid. The price has not dropped significantly, rising about 4% in 24 h, but remains 77% lower than a year ago. Crypto users are urged to stay away from the site until the issue is fixed; no comment has come from Pepe or Blockaid yet.

Whale traders increased holdings in three altcoins after the US September CPI printed 3.0% versus 3.1% forecast, boosting expectations of an October Fed rate cut. PEPE saw a 0.38 trillion-token build (~$2.7M) as whales added amid a consolidation triangle and bullish EMA crossover that could push the price toward $0.0000079. CAKE accumulated 10M tokens (~$27M) after CPI, with higher-low/RSI bullish divergence and $2.72 resistance that could lift it to $3.45, while WLFI rose 18.8% (~$1.6M) on a bullish RSI and political narrative, targeting $0.14 for a rally to $0.15.

PEPE, a popular memecoin, fell 5% in the past 24 hours, dropping its price to $0.0000075 and cutting its market cap to around $3 billion. CoinDesk Research’s technical model flags bearish signals that could deepen the recent downturn. Weekly trading volume hit $927 million amid volatility, but whales have sold more than 0.5% of holdings, and exchange‑listed funds fell 0.33%. The broader memecoin sector fell 23.4% in the last day, though some holders continue to accumulate.

PEPE fell 7% in the last 24 hours, sliding from $0.00000995 to $0.00000931 and testing key support near $0.0000093. Trading volumes topped 2.29 trillion tokens, indicating a sharp but active pullback rather than a low-liquidity dip. The memecoin sector is down roughly 4.3% and the CoinDesk 20 index lost 3.35%. The correction follows profit-taking after whale gains and investor concerns about rising political risk and insider control of new tokens.