PEPE Fuels Memecoin Momentum as Sector Outperforms Bitcoin
September 9, 2025
Memecoins outpaced the broader crypto market this week, with the CoinDesk Memecoin Index (CDMEME) advancing more than 11%, compared with bitcoin’s modest 1.4% gain.
PEPE led the move, climbing nearly 10% over the past seven days and more than 4% in the past 24 hours. The token rose from $0.00001013 to $0.00001074, briefly hitting $0.00001081 before easing back. According to CoinDesk Research, resistance is developing around $0.00001082, while firm support has taken shape near $0.00001017.
Trading volumes also jumped, with more than 5.89 trillion PEPE tokens changing hands during the rally—over double the daily average. Analysts pointed to a steady pattern of higher lows, often interpreted as a sign of accumulation by long-term investors.
The price structure was reinforced by repeated retests of the $0.00001069 level, which held strong each time, underscoring robust liquidity.
On a daily basis, the memecoin sector gained 2.5%, compared to bitcoin’s 0.2% increase, highlighting sustained speculative demand in meme-driven assets.
