Are you considering holding PEPE in your investment portfolio, or has it already reached its peak potential in 2025? This is a question that many cryptocurrency investors looking to diversify into memecoins may be pondering.
Remarkably, PEPE has experienced a staggering 4,300% increase from its all-time low to its peak in December. This impressive performance suggests that there may still be room for further growth in the next phase of the bullish market.
Comparing this growth to Dogecoin, the leading memecoin, provides an interesting perspective. Dogecoin saw gains of over 13,000% between 2020 and 2021, indicating that PEPE might have more potential upside from its current price levels. Notably, PEPE recently rebounded from a crucial Fibonacci level (0.5 and 0.618 between its November low and December high) on the charts.
Furthermore, as of the latest data, PEPE appears to be undervalued by approximately 27% compared to its December peak, priced at $0.00002028.
Is there still investor interest in PEPE?
Despite some fluctuations, PEPE has managed to retain a significant portion of the gains it made in November, even amidst selling pressure in December, indicating ongoing optimism among investors about its performance in 2025.
The number of long-term HODLers peaked at 91,210 addresses before mid-November but dropped in December. However, this figure has since risen to 91,490 HODLer addresses by January 3, 2025, suggesting renewed interest and confidence.
There has been a notable increase in the number of swing traders known as “cruisers” since December 12, indicating increased accumulation during price dips. The cruiser addresses grew from 188,650 on December 12 to 225,950 by January 3, potentially supporting the recovery in price levels.
Conversely, the number of short-term traders declined from 82,060 addresses on December 10 to 61,450 addresses currently, signaling a shift away from short-term trading strategies.
While these trends are generally positive, it is important to consider that large holders, or whales, are still focused on profit-taking in the short term. Recent data showed significant net outflows from large PEPE holders, amounting to $377.4 billion on January 2, indicating selling activities by whales.
The influence of whale sell-offs could restrain bullish movements for PEPE in the near future.
Despite this, there remains a potentially substantial upside for PEPE in the coming months, contingent on favorable actions from whales and institutional players.