Pepe news

Florida prosecutors seized about $1.5 million in crypto—AVAX, DOGE, PEPE, SOL—linked to a Chinese national, Tu Weizhi, charged with money laundering and fraud. The seizure stemmed from a Citrus County investment scam that cost a resident $47,421, prompting a court order under Florida's fugitive disentitlement doctrine to confiscate the full wallet balance.

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.

In a bearish market, three altcoins have seen exchange supply fall to multi‑year lows, suggesting growing scarcity that could support a rebound. Ethereum’s on‑exchange balance dropped to 15.8 million in October, the lowest in three years, while Chainlink fell to 143.5 million, the smallest level since 2019. Meme token PEPE also declined to 86.39 trillion on exchanges, 20 % of its circulating supply. Ethereum’s staked holdings climbed to almost 36 million, about 29 % of total supply, while Chainlink saw 80 million LINK removed from exchanges and $11 million added to its reserve program. PEPE’s active holder base grew from 369,000 to 491,000, even as its price fell back to early‑year levels, indicating strong loyalty. These trends point to resilient, liquid tokens that maintain investor confidence.

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.

PEPE rose more than 2.5 % in the last 24 hours, outpacing the CoinDesk Memecoin Index’s 2.24 % gain. The meme coin’s price climbed from $0.00000969 to a high of $0.00001027, with trading volume exceeding 314 billion tokens in the final hour. Technical analysis shows a floor around $0.00001000–$0.00001003 and resistance near $0.00001007, suggesting accumulation rather than short‑term flipping. The rally also outperformed the broader crypto market, as the CoinDesk 20 index gained 1.8 %. Whale activity appears to drive the move, with the top 100 PEPE addresses on Ethereum adding 4.28 % of holdings over the past month and exchanges increasing holdings by 2.15 %. Futures open interest has risen to approximately $645 million. The article was partly AI‑generated and reviewed by editorial staff.

PEPE meme coin surged 6% in under 24 hours, climbing from $0.000009138 to $0.000009627 as trading volume tripled to 5.61 trillion tokens, well above its 1.89 trillion daily average. The rally coincided with a broader market lift, with the CoinDesk 20 index up 4.3% and the memecoin index rising 5%. Whale activity increased PEPE holdings by 3.4% in top 100 non‑exchange wallets, while exchange balances fell 2%. Futures open interest reached roughly $600 million.

PEPE fell below a key support level, sparking warnings of a 15% drop. Trading volumes dropped to $980 million and open interest fell 4 % to $535 million. Long liquidations reached $326 k, while shorts were only $9.9 k, indicating a bearish imbalance. On‑chain activity fell below 3 000 daily active addresses from a peak of 27 500. The token is now trading near $0.0000085–$0.0000080, with technical analysis showing resistance at $0.00000964.