Pepe, Shiba Inu Lead Recovery Amid Broader Slump —Trader Says Those Buying PEPE Now Would Sit Pretty During The Memecoin's Next Retrace

Benzinga
02-26

Shiba Inu SHIB/USD and Pepe PEPE/USD notched sizable gains Tuesday even as the broader market sentiment was grim following Bitcoin's BTC/USD precipitous drop.

What happened: Frog-themed Pepe rallied over 6% in the last 24 hours, while the trading volume jumped 12.26% to over $1 billion. Among meme coins with over a billion dollars in capitalization, Pepe gained the most.

Chandler, a prominent Pepe bull, stated that, while the coin was down 70% from its highs, anyone buying the present dip would be up +800% in the next significant retrace.

So you bought $PEPE at the top and now you're down 70%. Okay, but have you tried buying now so during the next -70% you'll still be up 800%? 🐸Many $PEPE holders are still in profit today—not just because they were early, but also because they were buying when others were… pic.twitter.com/Dcom2dMkj4

— Chandler⚡️ (@ChandlerCharts) February 25, 2025

Notably, just about 34% of Pepe holders were in profit at the current price, according to IntoTheBlock.

See Also: Peter Schiff Questions Michael Saylor-Led Strategy’s Leverage Bitcoin Play Amid MSTR Decline: ‘Massive Dilution Has Destroyed Shareholder Value’

Shiba Inu, another Ethereum ETH/USD-based meme coin, gained 4.12%, alongside a 16.83% jump in trading volumes. Solana SOL/USD-based Bonk rose over 5%. 

Meanwhile, Dogecoin DOGE/USD, the largest meme coin by market valuation, was up marginally by 0.20%.

CryptocurrencyGains +/-Price (Recorded at 10:30 p.m. ET)
Pepe PEPE/USD+6.75%$0.000008378
Bonk BONK/USD+5.22%$0.00001368
Shiba Inu SHIB/USD+4.12%$0.00001430

The overall meme coin market capitalization rose 2.44% to $58.37 billion in the last 24 hours, marking a noticeable recovery.

The gains in meme coins contrasted with the downsides in Bitcoin, as the world's leading cryptocurrency plunged below $86,000 for the first time in over three months. Ethereum also traded flat as of this writing. 

Image via Shutterstock

Read Next: 

  • Riot Platforms CEO Reaffirms Plan To Boost Bitcoin Yield But ‘Not Looking Too Closely’ At Michael Saylor-Led Strategy’s Maneuvers
$BONKBonk
$0.0000142.54%
Overview
$BTCBitcoin
$89000.390.49%
$DOGEDogecoin
$0.21300.83%
$ETHEthereum
$2493.490.04%
$PEPEPepe
$0.0000082.07%
$SHIBShiba Inu
$0.0000142.06%
$SOLSolana
$143.89-0.19%
Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10