Why Is PEPE Rising? Three Explanations, None Proven

PEPE has a strong week behind it. On Sunday, September 20, 2026, the meme coin stands at $0.00000393 according to CoinGecko data, and is therefore 15.4 percent above where it was seven days ago. Several explanations for this are circulating online: whales are said to be buying, a fund is said to be coming, a large token buyback is said to be planned. We looked into which of that is documented.

The result first: what is documented is the price data and the market situation. For the reasons named we found no solid source, but mostly press portals and texts that promote a presale in the same breath. That is no proof against them, but it is no evidence for them either.

PEPE price: the figures at a glance

The daily range ran from $0.0000038 to $0.00000431, and the daily gain comes to 3.4 percent. Over 30 days PEPE is up 10.1 percent. Market capitalization amounts to around $1.65 billion, which puts the coin in 57th place. PEPE worth roughly $531 million changed hands within 24 hours, which is just under a third of the entire market capitalization and, for a coin of this size, a high turnover. There are 420.69 trillion tokens in circulation, a number chosen as an allusion and no longer subject to change. The price is 86 percent away from its all-time high of $0.00002803 from December 2024.