Pepe Coin (PEPE) is garnering increased attention as the crypto market anticipates a potential altcoin surge. Recent price movements suggest PEPE may be poised for a significant rally, with some analysts forecasting gains of up to 900%.

A prominent crypto analyst recently shared a prediction that Pepe Coin could follow Dogecoin’s upward trajectory. They noted PEPE’s extended consolidation period and highlighted that DOGE has already begun its ascent, with its price rising 10% in 24 hours and 15% over the past week.

The analyst emphasized that PEPE’s long consolidation phase sets it up for a major breakout. This aligns with expectations of a broader altcoin rally in the near future.

On-chain data shows increasing activity among key PEPE holders, hinting at accumulation. Active addresses and large transactions have spiked, reflecting renewed interest. The rise in whale activity (transactions over $100k) suggests major investors are positioning for an uptrend.

Despite a recent pullback, declining exchange supply implies reduced selling pressure. Combined with increased whale activity, these metrics point to growing confidence among larger PEPE investors.

PEPE has surged 11% in the past week and 45% over the last month. It’s currently trading at $0.000001041, down slightly for the day after an earlier upward spike.

If momentum continues and key resistance levels hold, analysts believe PEPE could reach between $0.000015 and $0.00002 in the near term. This would represent a massive rally from current prices.

The bullish outlook is driven by whale accumulation, rising interest, and technical indicators suggesting PEPE is primed for a breakout after its consolidation phase. While highly speculative, some are eyeing potential gains of 900% if the rally materializes as forecasted.

Investors should conduct thorough research and consider the high-risk nature of meme coins before making any investment decisions. The cryptocurrency market is known for its volatility, and past performance does not guarantee future results.