- PEPE gained 15.4% weekly, trading near $0.00000393 amid stronger market activity.
- Whale buying, fund involvement, and buyback claims remain unsupported by reliable evidence.
- Greed-driven market sentiment and high trading volume offer clearer explanations for PEPE’s rally.
PepeCoin — PEPE, has delivered a strong weekly performance, gaining 15.4% in seven days. The meme coin traded near $0.00000393 on September 20, 2026. However, several unverified explanations now surround the rally. Online reports mention whale buying, a possible fund, and a planned buyback. None of these claims currently has solid supporting evidence. Meanwhile, market data offers clearer clues about PEPE’s latest move and growing investor interest.
PEPE Price Gains as Market Activity Strengthens
PEPE traded between $0.0000038 and $0.00000431 during the latest session. The token gained 3.4% over 24 hours, according to CoinGecko data. Over 30 days, PEPE advanced by approximately 10.1%. The token’s market capitalization reached nearly $1.65 billion. That valuation placed PEPE around 57th among crypto assets. Trading volume also reached approximately $531 million within 24 hours.
This figure represented nearly one-third of PEPE’s total market capitalization. Such turnover suggested genuine market participation around the meme coin. PEPE currently has 420.69 trillion tokens in circulation. The supply figure references a popular meme-related number. According to the supplied data, the circulating supply cannot increase further. However, PEPE remained roughly 86% below the December 2024 all-time high.
The token’s previous record stood near $0.00002803. Therefore, the latest rally has not yet brought PEPE close to historical highs. Still, rising volume and positive market sentiment have attracted renewed attention. Traders now want to understand what may have triggered the latest gains. Three explanations have circulated across crypto-focused websites and social media.
Why is PEPE Surging?
The first claim suggests that whales are accumulating PEPE. The second points toward a possible fund entering the market. The third mentions a large community-backed token buyback. However, available evidence does not confirm any of these explanations. Some reports identify buying amounts without providing wallet addresses. Others fail to mention specific timeframes for the alleged transactions.
Without verifiable details, traders cannot independently confirm the claims. The reported fund narrative also requires careful interpretation. The claim appears connected to an earlier application involving PEPE. However, an application does not guarantee approval or eventual investment. Investors should therefore avoid treating the report as a confirmed development. The buyback narrative presents a similar problem. The proposed buyback reportedly comes from a community initiative.
However, the initiative represents a target rather than a confirmed event. No reliable date currently supports claims about a major token purchase. Broader market conditions may explain PEPE’s recent strength more effectively. The crypto fear and greed index reportedly stood at 71 out of 100. That reading placed overall sentiment firmly within greed territory. Positive sentiment often encourages traders to seek higher-risk opportunities.
