Pepe news

Pepecoin (PEPE), the Ethereum-based memecoin, has been listed on Robinhood's US platform as of November 13, 2024, following its earlier European rollout in February 2024. This gives millions of retail investors easy access to the token, which launched in April 2023 with a fixed supply of 420.69 trillion tokens and no transaction tax, setting it apart from many other memecoins. While PEPE lacks an automatic burn mechanism, the project relies on manual burns to dead wallets. The largest single burn occurred in October 2023, removing 6.9 trillion tokens, about 1.6% of total supply, with claims that 36% of supply has been permanently removed overall. The Robinhood listing, timed amid shifting regulatory sentiment post-2024 elections, has driven price gains as retail participation increases.

Meme coins slipped 1.1% last week despite a broader crypto market rally, with on-chain positioning revealing diverging trends. BinanceLife (币安人生) is up 73% over 30 days but down 12% weekly; it shows accumulation via $1.2 million exchange outflows but faces whale selling and heavy concentration. Pepe (PEPE) rose 5.2% over seven days, with whales accumulating then profit-taking, creating a bearish divergence as volume falls near the $0.00000300 resistance. Official Trump (TRUMP) trades near $1.99, down from a March high of $4.50; smart money holds a strong long bias while whales sell, with the token sensitive to US-Iran peace-deal sentiment.

A meme coin named Henry (HENRY) surged nearly 320% after a viral 2023 post appeared to predict the name of the alleged White House shooter, Cole Tomas Allen. The post, featuring Pepe the Frog and President Trump, was endorsed by the official Pepe account on April 26, fueling speculation. The HENRY token, deployed 342 days ago on Ethereum, was repurposed around the conspiracy narrative. Its market cap fluctuates between $500,000 and $1.8 million, with extreme volatility. Copycat tokens have emerged on Solana, but traders view the Ethereum version as the original prophecy.

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.