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  • PEPE holds key support between $0.00000990 and $0.00001010, signaling strong breakout potential.
  • Market cap hits $4.18B as wallet holders exceed 454K, showing rising adoption and engagement.
  • Fractal from Q1 2024 reappears, suggesting PEPE may repeat its previous 10x price move soon.

Pepe (PEPE) continues to build momentum within a strong technical structure that may soon result in a major breakout. With increasing holder activity, sustained liquidity, and historical patterns repeating, current data points toward the possibility that PEPE will soon break records and enter a new upward phase.

Market Data Shows Steady Strength and Growing Interest

According to data from CoinMarketCap, PEPE is trading at $0.000009958, with a 24-hour price increase of 0.31%. The market cap has reached $4.18 billion, and the trading volume stands at $653 million. 

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Source: CoinMarketCap

Although volume has dropped by over 53% in 24 hours, the volume-to-market cap ratio remains strong at 15.57%, showing healthy trading interest. The current circulating supply is 420.68 trillion tokens, nearly matching the total maximum supply of 420.69 trillion. 

This near-complete supply release reduces future dilution risks. The holder base has continued to rise, now standing at over 454,000 wallets. This growth suggests consistent user adoption and market engagement.

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Historical Fractal Patterns Point to Potential Price Surge

According to analysis shared by Max on X, PEPE may be mirroring a Q1 2024 fractal that preceded a 10x price increase. During that earlier move, the price dropped into a technical golden pocket zone before sharply recovering. Max observed that PEPE’s recent dip during Middle East tensions followed a similar path.

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Source: Max(X)

“This cycle has been long and difficult,” Max wrote, “but the chart pattern is aligning for a strong move.” The analysis suggests a possible breakout could occur within the next quarter, supported by recurring patterns in market behavior.

PEPE’s price also remains stable between $0.00000990 and $0.00001010, maintaining key support levels. If the current structure holds and trading activity increases, the asset may soon approach or exceed previous highs.

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