- Ethereum’s up over 40% this month—PEPE’s quietly tagging along.
- Analysts say PEPE’s price tends to spike whenever ETH heads for $4K.
- If ETH hits new highs soon, PEPE might break its all-time high too.
Ethereum’s been on a tear lately. In just the last 30 days, it’s pumped a wild 40.3%. Even crazier—since July 8, it’s climbed 39.58%, and over the past week alone, ETH’s tacked on another 19.7%. So yeah, bullish vibes all around.
But here’s the twist: some sharp-eyed analysts are pointing to PEPE, of all things, as the next rocket to watch. Why? Because historically, when ETH takes off, PEPE tends to chase it… fast.
Let’s dig in.
PEPE’s Quiet Climb
At the start of July, PEPE was chilling around $0.00000926. Kinda uneventful. For the first week, it mostly bounced between $0.00001079 and $0.00000917—nothing flashy. But then came July 9, when it popped 8.39% in a single day, pushing it outta that boring range. Since then? It’s stacked up +28.77%. Quietly, sure, but it’s climbing.
And what’s interesting is how closely that movement matches Ethereum’s. It’s like PEPE’s been shadowing ETH step by step.
The ETH x PEPE Connection
Crypto analyst Jake Gagain thinks this isn’t a fluke. He’s been watching PEPE closely, especially how it dances when Ethereum gets spicy. According to him, whenever ETH rips above $3,100 toward that $4K region, PEPE tends to get itchy feet too.
Let’s break down the numbers: ETH was at $3,137.84 on July 16. Now? It’s up 13.75% from there. In that same stretch, PEPE inched up 1.9%—but on July 16 alone, it managed a juicy 5.29% spike. Coincidence? Maybe. But probably not.
ATH Incoming?
Gagain’s latest call? PEPE might touch a new all-time high this weekend. Big claim, yeah. But the numbers have some legs. PEPE’s market cap is now hovering around $5.5B, and its 24-hour trading volume is just shy of $5B. That’s serious energy.
Let’s not forget, PEPE’s all-time high—$0.000028362—was back in December 2024. Right now, it’s still down about 53.67% from that top, but if ETH keeps punching through resistance levels, PEPE could very well tag along for the ride.
So, bottom line? If Ethereum blows past its previous highs, don’t be surprised if PEPE’s chart goes vertical. Again.
