As of May 21, 2025, the price of Pepe coin (PEPE) has dropped by about 50% from its peak in December 2024, hovering around $0.000014. However, on-chain data shows a continuous increase in the number of holders, with the unique addresses surpassing 100,000, a 12.3% increase since early June 2024. This contradictory phenomenon reflects the market’s complex expectations for Pepe coin: on one hand, investors are concerned about the long-term risks of its status as a ‘pure meme coin’ lacking practical application support; on the other hand, the strengthening community consensus may lay the groundwork for its future rebound.
It is worth noting that the whale address’s holding ratio has decreased by 15% in the past three months, with some funds flowing into emerging public chain projects, putting pressure on market liquidity. If the price falls below 0.00001 US dollars, it may trigger large-scale liquidation, further exacerbating the fluctuation.
Although Pepe coin itself is positioned as an ‘entertainment token with no practical use,’ its derivative ecological projects are trying to break through this limitation. For example:
Projects of this kind inject practicality into the Pepe ecosystem by combining AI with decentralized governance, but they also face the dual challenges of technological implementation and regulatory compliance.
Multiple analysis platforms predict that if the cryptocurrency market enters a bull market cycle in the second half of 2025, Pepe coin may rebound due to community activity and the spread of meme culture. The Coincodex model indicates that its price is expected to break through 0.00001935 US dollars in July 2025, representing a 35% increase from the current level.
However, investors need to be vigilant about the following risks:
The recent performance of Pepe coin highlights the typical characteristics of the meme coin market - high volatility coexisting with community-driven resilience. Despite facing short-term price pressure, its ecological expansion and technological upgrades provide a new narrative for long-term development. Investors need to manage risks through diversification of holdings, setting stop-loss, etc., while pursuing high returns.