Overview
- PEPE advanced roughly 20%–35% in early January following Wynn’s prediction.
- Twenty-four hour trading volume spiked to monthly highs, with readings from about $600 million to above $1.4–$1.6 billion across aggregators.
- Market capitalization climbed from roughly $1.7 billion to about $2.1–$2.3 billion within 24 hours.
- CoinGlass recorded approximately $9–$10 million in PEPE short liquidations, adding to upward pressure.
- Analysts cited a daily-chart breakout and a broader meme rally in Dogecoin, Shiba Inu, Bonk and Floki, while cautioning the move looks fragile and influenced by tax-loss harvesting flows and bitcoin’s direction.