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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

Purple Pepe Price Prediction: Why $PURPE Is Up 40% and What’s Next?

Story Highlights
  • Purple Pepe ($PURPE) surges 42.8%, breaks key resistance levels, and shows bullish signals with whale accumulation on Solana.

  • Declining exchange balances and strong community momentum fuel predictions for a $0.00012–$0.00015 price target in the short term.

Purple Pepe is back making headlines after a price pump, sparking debate on whether it could be the next big meme coin on Solana. Purple Pepe (PURPE) has jumped 42.8% in the last 24 hours, trading at $0.00006134 with a market cap of $25.5 million. Daily trading volume also spiked by 81% to $12.27 million. The token broke through its 7-day simple moving average $0.00003909 and its pivot point $0.00005161, with the RSI at 71.84.

Launched in mid-2023, Purple Pepe is a meme coin built on Solana. While many Pepe-inspired coins fade quickly, this project has stood out by building an active community. At its peak in November 2024, $PURPE reached an all-time high of $0.000316. The current market cap of $25M means a 4x to 5x run would be needed to revisit those highs.

Price Prediction: What’s Next for PURPE?

Purple Pepe’s price outlook looks promising based on on-chain trends. In the past, whenever exchange balances for $PURPE dropped below price, strong rallies soon followed. Right now, balances on exchanges are once again starting to decline, hinting that selling pressure could be easing and setting the stage for another upside move.

Adding to this, some of the largest holders (EOAs) are showing confidence by re-accumulating tokens at lower prices. Top wallets are sitting on healthy unrealized profits, and past behavior shows they often distribute at local tops and buy back when momentum builds. With both declining exchange balances and whale accumulation aligning, PURPE may be preparing for its next leg higher if history repeats itself.

If momentum continues and a major exchange listing happens, Purple Pepe could realistically test the $0.00012 – $0.00015 range in the short term. A healthy retracement could bring PURPE back toward $0.00005 support before the next leg up.

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FAQs

What is Purple Pepe (PURPE)?

Purple Pepe (PURPE) is a meme coin built on the Solana blockchain that has gained attention after a significant price increase.

Why is Purple Pepe (PURPE) price surging right now?

The price is surging due to easing selling pressure, declining exchange balances, and re-accumulation by some of the largest holders.

What is Purple Pepe’s all-time high (ATH) and can it reach it again?

Its all-time high was $0.000316. It would need a 4x to 5x run from its current price to revisit those highs.

Where can I buy Purple Pepe (PURPE)?

 PURPE can be bought on decentralized exchanges like Raydium or centralized exchanges such as BitMart and LBank.

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