PEPE Memecoin Surges 32%, Sparking Dramatic Altcoin Recovery in Early 2025
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Market Recovery: On January 2, 2025, PEPE's price surged over 32% in a single day, not only leading the memecoin market recovery but also significantly boosting AI cryptocurrencies and newly launched tokens, indicating a return of risk appetite in the market.
- Trading Strategy: Analysts noted that this rebound is closely linked to the major liquidation event in October 2024, with traders strategically rebuilding positions in memecoins after months of consolidation, suggesting a potential for sustained upward movement.
- Seasonal Effect: VanEck analyst Matt Sigel highlighted that historically underperforming assets tend to rebound strongly in January, a phenomenon known as the “January effect,” which appears to apply in the crypto market, further bolstering investor confidence.
- Risk Warning: Despite the notable initial price action, Nansen analyst Jake Kenis emphasized the need for confirmation on longer-term charts to validate the trend's sustainability, given the inherent volatility and sentiment-driven nature of memecoins.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
