Recently, PEPE has experienced significant movement in the cryptocurrency market. The coin surged by about 35% following its listing on Kraken and the U.S. presidential election results favoring Donald Trump. This breakout was marked by PEPE surpassing a key resistance level in a symmetrical triangle pattern, which had defined its trading range since April 2024. Analysts suggest this could signal a potential upward trend, with projections indicating a possibility of up to 200% gains if strong buying momentum and market conditions persist.

Additionally, the surge in Dogecoin, fueled partly by Elon Musk-related initiatives, may contribute to heightened interest in other memecoins like PEPE, signaling that the broader memecoin trend could influence PEPE's trajectory in 2025 if this speculative interest continues.

For more detailed technical analysis and price forecasts, you can explore the reports from FXEmpire and CoinJournal.