PEPE has emerged as a preferred choice for traders, notching a 19% gain on the weekly while leading altcoin Ethereum logged a 1% loss. The onboarding of pro-crypto SEC chair Paul Atkins has helped revive risk-on sentiment, prompting fresh speculation over the best crypto to buy next. While Ethereum remains stagnant, Pepe is soaking up fresh retail liquidity—momentum is on its side. Claim to the Throne: Can Pepe Really Flip Ethereum? Pepe would need to 56x to surpass Ethereum at their current market caps—a stretch, but not without merit when considering long-term potential. Recent Santiment data shows a sharp decline in exchange-held supply, dropping from 45% in November to just 28.9% today. This shift toward self-custody suggests growing conviction among long-term holders. PEPE on-chain data. Source: Santiment. More so, whale addresses have boosted their holdings from 116 trillion to 150 trillion tokens. Such accumulation patterns often serve as early indicators of a broader rally. Big players tend to move before the crowd, and their growing interest in Pepe adds fuel to the bullish narrative. PEPE Price Analysis: Breakout Eyes New High According to the analysis shared on the TradingView platform , a descending channel breakout reminiscent of the one that ran from May to September 2024 could lead the next leg up. The formation that preceded PEPE’s late 2024 breakout to new all-time highs is repeating, laying the groundwork for what could be an explosive run. Two distinct swing highs and lows have shaped what appears to be a reversal structure, in line with a long-term support zone that has guided lows since mid-2024. A new higher low is beginning to form—a precursor to bullish continuation based on past price action. Momentum indicators back the case: the MACD line nears a golden cross above the signal line, while the weekly Relative Strength Index (RSI) trends higher at 43, approaching the neutral midpoint. A credible scenario as the MACD line nears a golden cross, en route to surpass the signal line, while the Relative Strength Index (RSI) trends closer towards neutral on the weekly chart. The analysis highlights strong confluence with Fibonacci extension levels, with the 1.618 Fib level suggesting a possible 480% move to $0.0000426. However, the more ambitious 2.618 extension points to an 800% upside to $0.00006575—potentially in play before the end of 2025. While PEPE Eyes an 8x, This New ICO Eyes 100xs Sidelined investors may have one final opportunity to buy PEPE before its next explosive rally, but at its $3B market cap, its biggest gains are behind it. That’s where MIND of Pepe ($MIND) steps in, giving traders a chance to get in early and stay ahead of high-gaining opportunities before they go mainstream. The MIND of Pepe AI will actively engage with the crypto community through X —driving conversations, uncovering alpha opportunities, and delivering exclusive, token-gated insights. Inside its Telegram community , holders get early access to high-potential tokens before they hit the market, keeping them ahead of the curve. At the time of writing, MIND has raised over $8.1 million in its ongoing presale , capitalizing on the Pepe brand and one of this cycle’s strongest meme coin narratives: AI agents. To join the presale, visit the official MIND of Pepe website and connect a crypto wallet (such as Best Wallet ). The post Is PEPE About to Flip Ethereum? This Breakout Has Traders Ditching ETH Fast appeared first on Cryptonews .
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