PEPE Smacks Down DOGE in a Billion-Dollar Meme-Off and Everyone’s Losing Their Minds 🐸🚀

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Let’s be clear: PEPE just burst through the door, scarfed all the snacks, and is now doing shots on Dogecoin’s table. “Against all odds!” they cry—honestly, it’s a bit much, but at least the energy’s back. The little green frog grabbed a 16% jump, flexed a ridiculous Cup & Handle chart (the only cup most of us have held lately contains instant noodles), and goosed spot trading volume to a giddy $4 billion. Everybody and their mum wanted in. DOGE was left crying over its slightly less impressive $2.84 billion—tragic, truly.

Among top trading coins, $Pepe ranked No.5 in terms of trading Volume. marked 3.9B today. We are back.

— M Barbara (@Barbara_KVH) May 9, 2025

Pepe meme chart, probably vibing

Meme Coin Volumes Spike. Because, Why Not?

PEPE’s smart-contract trades didn’t tiptoe—they stomped past $5.74 billion in derivatives, a 280% boost overnight. That’s not a typo, I checked. DOGE is still king of futures at $6.6 billion, but the shorts took a $14 million bath (not even a bubble bath, just cold and tragic). PEPE shorts? They got it worse. You think you know pain? Try buying the top of a frog coin.

Enter the Whale: The Plot Thickens 🐋💰

Cue the mysterious whale. Picture an oligarch in pajamas—the big spender added another 500 billion PEPEs (that’s $4.36 million, unless you’re reading this after another pump, in which case, condolences). A couple days back? Same play: 500 billion more, because apparently nobody has heard of self-control.

This whale just bought 500B $PEPE($4.36M) again and currently holds 2T $PEPE($17.42M).

— Lookonchain (@lookonchain) May 8, 2025

Whale buying Pepe, somewhere out there

So now, one wallet owns 1.5 trillion tokens—roughly $18.6 million in frog money at today’s rate—enough to give even the most brazen trader a nervous twitch. Could this drive prices higher? Sure. Or it could all vanish faster than your dignity after three tequilas. Depends if the whale fancies another round.

On-Chain Indicators: Cash Flows In, Newbies Steer Clear

Turns out Chaikin Money Flow went positive for PEPE/USDT, which apparently means money’s back in the pool. Yay. But network growth? Stagnant. No flood of new wallets showing up. Old hands swapping bags, newcomers peeking through the window like, “Is it safe?” Think party with too many inside jokes: not everyone’s laughing.

On-chain indicators, possibly squiggly
So Much PEPE, So Little Time

Let’s talk supply. 420 trillion tokens. That’s a number so large it sounds fake. If a measly fraction of holders decide to dump, exchanges will drown faster than you can say ‘FOMO’. Coins with tighter supplies can pull off a decent price move with less drama. Not so here: PEPE soared 112% this month but—spoiler alert—rollercoasters go up and down.

PEPE supply chart, try not to blink
Bitcoin Bounces, Retail Mob Eyes the Frogs

Meanwhile, Bitcoin smashes through $104,000 like it’s raiding its ex’s kitchen at 2am. Retail gets excited; they inevitably look for something “more exciting”. Sometimes that’s PEPE. Sometimes, it’s regret. If Bitcoin wobbles—PEPE’s rally might vanish, sparkles and all.

TL;DR for Brave Investors

Meme coin charts: unpredictable, like a Tinder date who brings their mother. volume and whale buys make headlines, but not always lasting love stories. Watch for new wallets, watch for Bitcoin moods, do whatever makes your psychiatrist regret their career choices. If PEPE holds above the Cup & Handle chart, could go higher. If not, this might be as good as your PEPE story gets. Cheers to volatility, poor impulse control, and the eternal spirit of the meme.

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2025-05-13 02:43