PEPE coin investors are rightly feeling disillusioned following three months of bearish price action that has put the memecoin firmly in a downtrend. However, one analyst has spotted similarities in the current PEPE price chart to that of February 2024, which saw it surge over +1,000% between February and May 2024.
If the same reversal pattern plays out for PEPE
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, it could see a move from its current price of $0.000006 to $0.00005, which could in turn spark a much-needed memecoin rally across the market.
According to CoinGecko data, the combined memecoin sector is up +1.2% today, valued at $58.5Bn, while PEPE coin itself is down -2%, highlighting its weakness against the rest of the space, as the likes of WOJAK and D.O.G.E. are up over 100% today.
Is PEPE Coin Set For $0.00005? One Analyst Thinks So
@obi_eths, a self-described ‘Pepe maxi’ and analyst on X, has uncovered a mindblowing comparison to the current PEPE chart to that of February 2024. In his post, he said;
“Do you remember Feb 2024, when everyone (almost) thought $PEPE was dead, but then it reversed and gave us one of the greatest Memecoin rallies of all time? We have almost exactly mimicked the price action from that time during these past months.
The difference is that we got a market-wide liquidation event, so the rebound will likely look a bit different, but there are some signs here to look out for.”
It is a fair comparison, especially when considering the sentiment surrounding PEPE coin both then and now. The noise surrounding Pepe is quite bleak right now, just as it was in February 2024, and it could lead to yet another monumental hate rally.
PEPE coin is down 75% from its all-time high of $0.000028, which was reached in December 2024, nearly one year ago. It has just reclaimed a key level at $0.000006, which had been lost during the historic October 10 flush. This is the type of move that typically occurs before a trend shift.
Liquidity has dropped below $0.000006, and the PEPE price is now holding steady above support as trading volume continues to increase, signaling a buyer’s market for the leading memecoin.
DISCOVER: The 12+ Hottest Crypto Presales to Buy Right Now
Will the PEPE Reversal Take Maxi Doge (MAXI) to the Moon?
With PEPE coin looking set for a significant reversal, smaller memecoins are likely to benefit from the increased liquidity and attention flowing back into the memecoin space.
Maxi Doge (MAXI) could be one of the biggest beneficiaries in this respect, as a brand-new memecoin being marketed as DOGE 2.0, having raised nearly $4M in its ICO so far.
Built on the raw, high-octane energy that once sent DOGE
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to the moon, Maxi Doge is redefining what it means to be a meme coin in 2025, with memes galore, a cult-like community being built, and passive income opportunites that make MAXI stand out against the dinosaur memecoins like PEPE and DOGE.
The project has already raised almost $3.9M in its presale, fueled by a growing pack of investors who see it as the next-generation heir to Dogecoin’s throne, making $5M the obvious next funding milestone for MAXI.
Currently priced at just $0.0002675 per token, MAXI is still in its early rounds, but not for long. With only 24 hours left before the price climbs in the next stage, this is the last stretch to get in before listings potentially light up the charts.
While Pepe coin and Doge coin are currently dominating headlines, Maxi Doge is quietly becoming the next big play for degen traders, and could see huge gains for investors as we head into 2026.
Visit the Maxi Doge Token site now to join the presale using ETH, BNB, USDT, USDC, or card, stake immediately, and position yourself alongside the whales before MAXI takes the lead in the new age of meme coins.
Visit MAXI HereEXPLORE: Best Meme Coin ICOs to Invest in 2026
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