TL;DR (If you’re too busy counting your frogs)
- The crypto bazaar is frothing, meme coins are tap-dancing, and PEPE, to no one’s immense shock, has been spotted lunging ahead with a rather impertinent 22% leap.
- The third-largest amphibian in the meme ecosystem has rediscovered “optimism” (a rarefied emotion in these decadent days), apparently thanks to a whale with $4.36 million and a penchant for cartoon frogs.
A brief memory trip: Only days ago PEPE sulked below $0.0000076, clutching its pearls as it reminisced about last month’s dark hours beneath $0.0000057. Flash forward, and it jauntily flaunts nearly $0.0000093. One might say PEPE soared 22% since May 6, and for those with iron stomachs, a breezy 60% since early April—never let it be said crypto frogs lack drama.
Of course, the general euphoria pulsing through the markets has played its part, with green candles sprouting like dandelions in May. However, enter our mysterious “whale”—an enigma with a wallet fatter than Gatsby’s—who snatched up 500 billion PEPE tokens (just casual pocket change at $4.36 million). His amphibian stash now squats at a rotund 2 trillion coins ($17.42 million), presumably because yachts are passé and frog tokens are the new black.
This whale just bought 500B $PEPE ($4.36M) again and currently holds 2T $PEPE ($17.42M).
— Lookonchain (@lookonchain) May 8, 2025 🕵️♂️🐸
PEPE, ever the social climber, is still lounging about 67% below its champagne-soaked all-time high—but you wouldn’t know it from the raucous hullabaloo in its community. Speculators are now predicting a “big year,” which in crypto-speak means: “I hope this one pays for my cousin’s wedding.”
On the technical front, this much-touted amphibian is apparently wrestling with resistance at $0.00000926—a number so precise it could only delight actuaries and disappointed parents. Should PEPE leap over it, the sky’s the limit, or at the very least the point where rational explanation expires.
James Wynn—population: 35,000 loyal X followers and at least one lurking ex-girlfriend—has doubled down on his long PEPE position, declaring himself “insanely bullish.” (“First time in a very long time”—undoubtedly also his Tinder bio.)
Wynn, not to be confused with anyone possessing restraint, dismissed last December’s surge as a “hype pump”—the equivalent, in crypto terms, of an unsolicited disco comeback—but now smells a “bull run pump” worthy of the ancients.
“For the past 17 weeks pepe has been bearish on the MACD on the weekly candles. Bearish momentum has been weakening and it looks like the MACD line is going to cross over the signal line and begin huge bullish momentum on macro time scales.”
His prophecy? PEPE is destined for grandeur: a $42 billion market cap (matching SHIB, for those keeping ancient scorecards) or, in dreams only possible at 3 AM, over $100 billion, leaping past DOGE like a frog with springs for legs. Current value: a paltry $4 billion. Required increase: somewhere between 950% and “make that two lifetimes of returns, please.”
The moral? As ever: never bet against the frog, at least not when the whales are bored and the market’s at play. 🐸🚀
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2025-05-08 16:46