{"id":93756,"date":"2026-04-16T11:00:30","date_gmt":"2026-04-16T11:00:30","guid":{"rendered":"https:\/\/freakcryptos.com\/index.php\/2026\/04\/16\/pepe-pepe-surges-9-drawing-interest-from-whales\/"},"modified":"2026-04-16T11:00:30","modified_gmt":"2026-04-16T11:00:30","slug":"pepe-pepe-surges-9-drawing-interest-from-whales","status":"publish","type":"post","link":"https:\/\/freakcryptos.com\/index.php\/2026\/04\/16\/pepe-pepe-surges-9-drawing-interest-from-whales\/","title":{"rendered":"Pepe (PEPE) surges 9%, drawing interest from whales"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-16-2026-08_32_10-AM-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-16-2026-08_32_10-AM-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-16-2026-08_32_10-AM-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/04\/ChatGPT-Image-Apr-16-2026-08_32_10-AM-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/ChatGPT-Image-Apr-16-2026-08_32_10-AM.png\" alt=\"A trader analyzing a bullish PEPE chart\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<p><span style=\"font-weight: 400;\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">PEPE is up 9% within the final 24 hours, making it probably the greatest performers among the many high 50 cryptocurrencies by market cap.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The rally comes amid renewed interest from whales and retail traders.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Pepe (PEPE) has prolonged its positive aspects by roughly 9% at press time on Thursday, because the broader cryptocurrency market recovers from a risk-off sentiment following truce negotiations between the US and Iran.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With massive pockets traders, generally known as whales, reaccumulating PEPE, and retail interest steadily rising, the frog-themed meme coin is gaining traction.\u00a0<\/span><\/p>\n<h2>PEPE rallies because the broader market recovers<\/h2>\n<p><span style=\"font-weight: 400;\">The cryptocurrency market\u2019s restoration is sparking a shift towards risk-on sentiment, with merchants turning into extra optimistic.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This has led to renewed consideration on meme cash, together with Pepe. Data from CoinGlass reveals that the <\/span><a href=\"https:\/\/www.coinglass.com\/currencies\/PEPE\"><span style=\"font-weight: 400;\">PEPE futures Open Interest (OI)<\/span><\/a><span style=\"font-weight: 400;\"> has surged by 20% previously 24 hours, reaching $228.67 million.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This improve means that extra merchants are betting on PEPE\u2019s value to extend within the close to time period.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Furthermore, massive pockets traders holding over 100 million PEPE tokens are steadily rebuilding their positions, signaling a long-term bullish outlook.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Santiment knowledge reveals that traders with holdings ranging from 100 million to 1 billion PEPE tokens now personal 10.64 trillion PEPE, up from 10.59 trillion on February 15. Investors with over 1 billion PEPE tokens now management 3.64 trillion PEPE, up from 3.60 trillion in late February, reinforcing the interest of whales within the asset.<\/span><\/p>\n<h2>Technical outlook: Can Pepe maintain its rally?<\/h2>\n<p><span style=\"font-weight: 400;\">The PEPE\/USD 4-hour chart continues to be bearish and inefficient regardless of rallying above the 50-day Exponential Moving Average (EMA) for the second consecutive day.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">PEPE is now buying and selling at $0.000003877, testing the 100-day EMA at $0.00000411, with no clear directional bias.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A decisive every day candle shut above this degree may pave the best way for additional positive aspects, doubtlessly reaching the 200-day EMA at $0.00000550.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) stands at 62, suggesting average momentum with potential room for additional upside earlier than coming into overbought territory.\u00a0<\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-364245\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/04\/PEPEUSD_2026-04-16_08-32-00.png\" alt=\"PEPE\/USD 4H Chart\" width=\"1793\" height=\"836\"\/><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Moving Average Convergence Divergence (MACD) reveals regular upward motion, supporting the bullish pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears regain management, PEPE\u2019s key help lies on the 50-day EMA, close to the damaged trendline, at $0.00000364.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/pepe-pepe-surges-9-drawing-interest-from-whales\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways PEPE is up 9% within the final 24 hours, making it probably the greatest performers among the many high 50 cryptocurrencies by market cap. The rally comes amid renewed interest from whales and retail traders.\u00a0 Pepe (PEPE) has prolonged its positive aspects by roughly 9% at press time on Thursday, because the broader [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":93758,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7956,269,6634,706,63],"class_list":{"0":"post-93756","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-market","8":"tag-drawing","9":"tag-interest","10":"tag-pepe","11":"tag-surges","12":"tag-whales"},"_links":{"self":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93756","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/comments?post=93756"}],"version-history":[{"count":1,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93756\/revisions"}],"predecessor-version":[{"id":93757,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/posts\/93756\/revisions\/93757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media\/93758"}],"wp:attachment":[{"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/media?parent=93756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/categories?post=93756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/freakcryptos.com\/index.php\/wp-json\/wp\/v2\/tags?post=93756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}