You Won’t Believe What PEPE Is Up To—Spoiler: It’s a Wild Ride! 😲

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So, you know this PEPE thing? It’s practically soaring! Up nearly 57% in a month. Can you believe it?

Meanwhile, the rest of the market is down in the dumps, but PEPE? Nope! It’s hanging on, right on the edge of some kind of breakthrough. Still, it’s over 51% below its all-time high. So, you tell me, is the glass half full or half empty? Or just completely cracked? 🤔

That’s What I Call Holder Confidence!

Since July 16, roughly 17.9 trillion PEPE tokens have waltzed right off those exchanges! Seems like everyone’s getting cozy at home with their tokens in private wallets. Some bullish sign, right? No pressure to sell here—unless, of course, you’re looking to toss your money into the wind.

For more explores of the cryptoverse: Want the juicy details? Sign up for Harsh Notariya’s Daily Crypto Newsletter and get the lowdown right in your inbox. Don’t say I didn’t warn you! You know, if you actually want more of this frenzy.

What’s wild is that people keep pulling those tokens out even while the price decides to have a little party and rise over 12%. Maybe these folks are just not in the mood for selling, which is shocking. Who do you think they are—realists? 😜

Exchanges are basically like a nightclub—when more tokens are fleeing than joining the dance, it suggests fewer traders are ready to hit the sales floor. Less selling? More like the opposite of a nightclub’s vibe!

Risk? What Risk? 🤷‍♂️

PEPE’s 30-day Market Value to Realized Value (MVRV) ratio is like that kid who finally brought home a decent report card—now it’s in positive territory at +12.24%. But let’s be honest, that’s nothing to write home about. Usually, when short-term holders start selling, the numbers jump to 20–30%. So, we’ve got room to wiggle and shake this party a little longer.

This is perfectly in sync with those outflows, even with price doing a happy dance. Yep, holders are making money but not enough to trigger the “everyone panic!” button just yet. Let’s hope it keeps going, or it might sit down for a breather. 🎉

PEPE’s Playing Hard to Get! 🔥

Right now, PEPE is flirting with the upper boundary of a wedge pattern—look out for the breakout! All it needs to do is close above $0.00001497. Sounds simple, right? But who knows? That’s just like asking if your date is going to text you back. You really can’t count on anything these days!

But let’s say PEPE gets all fired up and blasts through $0.00001497—that’ll have everyone yapping! But if it drops below $0.00001200? Forget about it! It’s time to sit down and reassess this so-called bullish setup.

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2025-07-22 20:51