Pepe Price Prediction: Whale Buys 45B PEPE, Will Price Break Higher?

The latest Pepe price prediction is rising after a post said a well-known early investor bought billions of $PEPE right after a reported dump. 

The Pepe coin is down 2.3% over the last 24 hours. Traders want to know whether the buying can be a steady price. $PEPE now trades near $0.000004862.

Pepe launched in April 2023 as an Ethereum meme coin built around the Pepe the Frog internet meme.

According to CoinGecko, Pepe price today is $0.000004862, within a 24-hour range of $0.000004805 to $0.000005351. PEPE ranks 46th by market capitalization at about $2.044 billion.

Live Pepe Market Data

Source: CoinGecko, as of October 31, 2026.

Pepe News Today

Pepe news today centers on a whale purchase. According to BSCN, citing Arkham Analytics, the wallet Dimethyltryptamine.eth bought 45.08 billion PEPE for roughly $206.5K. 

The post says the buy came right after the Binance hacker dumped the memecoin.

Source: Data Taken From the @BSCNews X Account, as of October 31, 2026. 

The post says the wallet used decentralized aggregators and funded the purchase by selling 600K SPX tokens worth about $212.16K. 

It also says the wallet put 0.125 ETH into PEPE in April 2023, which grew to 5.9 trillion PEPE and later reached $100 million. 

The wallet now holds $10.3M in assets, with PEPE at $10.19M.

The price works out to about $0.00000458 per token, close to where PEPE traded on October 30. 

A search found no separate confirmation of the purchase or of the hacker dump, so readers should treat both as unverified.

Pepe Technical Analysis

This Pepe price prediction for October 31 reads the daily PEPE/USDT chart on Binance. Price moves inside an ascending channel that began in mid-August, near $0.0000025. 

Both channel lines slope up, and $PEPE has made higher highs and higher lows since then.

Source: TradingView, PEPE/USDT 1D, Binance, as of October 31, 2026.

Upper wicks on October 29 and October 30 reached $0.0000057 and $0.0000055. 

Both candles closed well below those highs, so sellers defended the top of the channel. Price now sits near the middle of the channel.

The current candle opened at $0.00000494, ranged from $0.00000481 to $0.00000505, and traded near $0.00000488, a decline of 1.21%. 

The RSI reads 58.99 against its average of 56.90, which shows mild bullish momentum below the 70 overbought line.

Can $PEPE Bounce and Break $0.00000523?

The bullish case starts with a hold. PEPE needs to keep $0.00000455 intact, since it marks the close of the October 29 candle and the first support.

The next step is a daily close above $0.00000523 with volume over the 20-day average. 

After that, the price must close above $0.00000572 and the upper channel boundary, which sits near $0.0000058 on the chart. Both wicks near that area failed to hold, so closes should carry strong volume.

A confirmed break would open $0.00000657, well above the highs of the past two months. A channel can also fail at its upper line, so confirmation matters.

What Happens If $PEPE Loses Support?

The bearish case begins with a rejection at $0.00000523 or a slide back toward $0.00000455. 

A daily close under $0.00000455 on selling volume above the 20-day average would show that the bounce has failed.

The lower channel boundary near $0.0000040 sits just above the next support. If price closes below it, $0.00000387 comes first, and $0.00000323 follows.

A brief wick under support is not enough. If price closes back above $0.00000455 within a day or two, the move may prove a false break.

Price Levels to Watch

Bull, Base, and Bear Scenarios for Pepe Price Prediction

Pepe vs Bitcoin

Any Pepe price prediction 2026 should check how $PEPE trades against Bitcoin and Ether. 

Over the last 24 hours, $PEPE is down 2.3% in dollars, down 0.3% against Bitcoin and down 1.8% against Ether. 

Those figures imply that Bitcoin lost about 2.0% and Ether about 0.5% in dollar terms. 

$PEPE therefore fell slightly more than Bitcoin and clearly more than Ether. The whale buy has not yet shown up as relative strength.

Methodology

This Pepe price prediction draws on three inputs. Market data comes from CoinGecko and was taken on October 31, 2026. 

The chart is a daily PEPE/USDT view from Binance in TradingView, with timestamps in UTC+5:30. 

The news item comes from a single BSCN post that cites Arkham Analytics.

Support and resistance levels were read directly from the chart. The channel lines carry no labels, so the $0.0000058 and $0.0000040 readings are approximate. 

CoinGecko uses a rolling 24-hour window, so its decline of 2.3% differs from the 1.21% shown on the daily candle.

The whale purchase and the hacker dump were not independently confirmed. Trading volume, wallet data, and liquidation data were not part of this review, and the scenarios carry no assigned probabilities.

Expert Opinion

The post from BSCN describes a large holder buying after a sell-off. As general market commentary, a purchase of about $206.5K is small beside a market capitalization of $2.044 billion, roughly 0.01% of the total.

The signal matters more if the buyer keeps adding and other large wallets follow. 

In the short term, the $0.00000455 level and the volume on any move toward $0.00000523 will show how the market reads it.

Disclaimer: This article is for information only and is not financial advice. PEPE is a highly volatile meme coin. Price can fall below $0.00000323 if support fails, if the reported selling resumes, or if broader market conditions weaken. No scenario here carries a stated probability, and a confirmed breakout can still reverse. Readers should do their own research and size any position to a loss they can accept.