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PEPE jumps 70% as meme coins lead the crypto markets: trap or opportunity?

not_your_keysvip
robot
Abstract generation in progress

Source: Yellow Original Title: PEPE jumps 70% as meme coins lead crypto markets: trap or opportunity?

Original Link: https://yellow.com/es/news/pepe-salta-un-70-mientras-las-meme-coins-lideran-los-mercados-cripto-Trap-or-opportunity The meme cryptocurrency PEPE surged 76% in the first week of 2026, becoming the biggest gainer among the top 50 cryptocurrencies by market capitalization.

The frog-themed token led a broader rally in meme coins, with BONK rising 52%, FLOKI gaining 50%, and Pudgy Penguins advancing 40%.

Trading volumes of the top meme tokens exceeded $7.7 billion in 24 hours as speculative appetite returned to the cryptocurrency markets.

What happened

PEPE’s rally began on January 1, climbing from around $0.0000034 to over $0.0000059.

Open interest in PEPE futures doubled from $228 million to $470 million in four days.

Short position liquidations exceeded $10 million on January 2, the largest single-day event in over a year.

A whale turned $58,700 into nearly $490,000 through a 10x leveraged position executed in late December.

Users on a trading platform now hold approximately 8.3% of the total PEPE supply.

Why it matters

Meme coins accounted for six of the top 10 winners among the 100 largest cryptocurrencies in early January.

The rally occurred while Bitcoin was consolidating above $90,000, prompting a rotation into higher-volatility assets.

Technical indicators show PEPE entered overbought territory, with RSI readings above 72.

Analysts noted that meme coin rallies often coincide with periods when major cryptocurrencies trade sideways.

The rebound reignited the debate over whether 2026 will see sustained momentum or if it will repeat previous volatility patterns.

PEPE0,36%
BONK-0,06%
FLOKI0,68%
PENGU0,82%
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Liquidated_Larryvip
· 01-10 04:55
Pepe playing this trick again? A 70% increase is indeed easy to get excited about, but I've smelled this scent before. --- Meme coins are leading the trend, I'm still waiting for the people who got liquidated to cry. --- Not afraid of missing out, just afraid of getting caught and dealt with harshly. --- Is this really a hot trend or just a feast for chopping chives... Forget it, I don't want to think about it anymore. --- The temptation of 70% vs. the risk of clearing out the position, which one to choose? --- Always talking about opportunities, but every time it's a trap. PEPE, are you serious? --- When mem coins go crazy, no one can stop them, but I'm still chicken. --- Thinking back to the shadow of being trapped last time... but I really want to get in too. --- In this kind of market, those still observing are actually the smartest group, right? --- Hearing about a 70% increase feels great, but when it drops into the negatives, it’s no longer fun.
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BearMarketMonkvip
· 01-09 17:37
70%? Is it our turn to get cut this time?
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staking_grampsvip
· 01-08 13:33
Pepe is back to harvest the little guys, can you believe a 70% increase? --- Is this meme coin's surge just the last wild celebration before a dump... --- I just want to know who bought in at 70%, haha --- Such a rise is usually driven by big players pumping, retail investors just end up taking the fall --- Wait, did Pepe really increase that much? Why didn't I catch it? --- Trampa or opportunity? I bet 5 bucks it's trampa --- Here we go again, same old trick every time, wake up everyone
View OriginalReply0
WenMoonvip
· 01-08 01:52
PEPE is soaring again, is this really just another scam to trap retail investors?
View OriginalReply0
ThreeHornBlastsvip
· 01-08 01:49
A 70% increase is really so crazy, it feels a bit suspicious --- Meme coins are about to cut the leeks again, same old tricks --- Wait, PEPE is going crazy? I think I’ll just watch --- Every time they say it’s an opportunity, it ends up being a trap... --- Crazy, crazy, can meme coins really be played like this? --- The faster it rises, the more dangerous it is. Better to be cautious --- It’s time to cut some wool again, I’m out first --- Did anyone really make money, or are they all losing? --- 70%... That number just sounds off --- The tricks of meme coins, I know them too well
View OriginalReply0
LiquidityNinjavip
· 01-08 01:47
Haha PEPE is skyrocketing again, is this really happening or are they just trying to cut the leeks again --- Can meme coins hold up this time? I'm a bit nervous --- 70% just want me to go all in? Wake up, everyone --- Just waiting for this correction to crash the market, so typical --- PEPE is up but I'm still trapped, life is too tough --- Who dares to chase the high now, I respect whoever does, society's me --- Feels like another round of harvesting, leeks, be careful
View OriginalReply0
FortuneTeller42vip
· 01-08 01:40
70% increase? Bro, are you planning to take over the market? --- Meme coins are always a gambler's playground. Be careful not to get cut. --- PEPE is surging so strongly... I feel like someone is boosting it. --- It's the same old trick, rising fast and falling just as quickly. I'll wait and see. --- Really? 70%? How many people are missing out on FOMO? --- Going all-in on meme coins are all gamblers, no exceptions. --- This market feels a bit strange, too fast. --- Wait until you calm down before acting. Jumping in now makes you the bagholder. --- History will repeat itself, playing out the same way every time.
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RektButAlivevip
· 01-08 01:26
Here we go again, are you really going to believe a 70% surge so quickly? --- Just taking a quick ride on meme coins and then running away, I think I'll wait and see. --- Is this a real opportunity or are we about to get trapped again? Friends are all rushing in... --- PEPE again? Haven't learned enough from the last lesson. --- The faster it rises, the more anxious I get. --- Don’t tell me it’s about to ape again, can’t seem to learn. --- 70%? Let’s wait and see if it gets cut in half. --- Meme coins are always like this, a crazy wave and then it’s over. --- I’ll just quietly watch you all hurt each other. --- Is this really a genuine rise or not? Too many shady dealings.
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