PEPE's trading volume exceeds $9 billion, with significant futures open interest growth, suggesting strong demand and potential price increases ahead.
Pepe (PEPE) has surged 20.5% over the past week, with trading volumes exceeding $1 billion for six consecutive days, totaling $9.4 billion. Speculation is rising that PEPE could be the next meme coin to receive ETF treatment following the SEC's acknowledgment of a Pudgy Penguins ETF filing. Open interest in PEPE futures jumped from $200 million to $685 million since April 2025, reflecting increased trader interest. Popular crypto trader @JakeGagain predicts PEPE may become the top-performing meme coin, potentially surpassing Shiba Inu. Technical indicators show bullish momentum, with PEPE breaking key resistance and completing a golden cross, suggesting a potential breakout toward $0.00001600.