---
title: "Pepe Coin price rises as 1.1 trillion leaves exchanges suddenly"
url: https://diffcoin.com/pepe-coin-price-rises-as-1-1-trillion-leaves-exchanges-suddenly/
description: "Pepe token became one of the top gainers on Sep. 13, as its volume soared to over $1.34 billion, higher than Shiba Inu and Pudgy Penguins."
published: 2025-09-13
updated: 2025-09-13
author: "Mila"
site: "Diffcoin"
---

# Pepe Coin price rises as 1.1 trillion leaves exchanges suddenly

Pepe Coin rallies on the heels of a massive supply drop, which helped propel the token to a one-month high as trading volume and exchange outflows skyrocket.

Summary

- Pepe price continued its strong rally on Saturday.
- Over 1.1 trillion tokens have left exchanges in the past two days.
- Pepe’s futures open interest has jumped to July highs.

Pepe (PEPE) saw a seven-day rally, reaching a one-month high as futures open interest surged and exchange outflows increased.

The token hit $0.00001200 on Sep. 13, with trading volume topping $1.34 billion—surpassing Shiba Inu’s (SHIB) $406 million and Pudgy Penguins’ (PENGU) $592 million. This price jump coincided with a 1.1 trillion token drop in exchange supply, now at 255.9 trillion, down from 257 trillion on Sept. 11.

![Pepe Coin price rises as 1.1 trillion leaves exchanges suddenly - 1](https://media.crypto.news/2025/09/chart180.png)

Source: CoinGecko

A drop in exchange reserves suggests more confidence among investors as they move them into self-custody. It also signals that they are not selling their coins.

Derivatives data indicate increased Pepe demand, as the futures open interest continues to rise. It has jumped to over $765 million, the highest point since July this year. It started growing on Sept. 5 when it bottomed at $500 million.

![Futures open interest](https://media.crypto.news/2025/09/Pepe-open-interest-1.jpeg)

Futures open interest | Source: CoinGlass

## Pepe Coin price technical analysis

![Pepe Coin price](https://media.crypto.news/2025/09/Pepe-Coin-Price-1.png)

Pepe price chart | Source: crypto.news

The daily chart shows that the Pepe price jumped from a low of $0.0000091 earlier this month to $0.00001200 today. This rebound happened after the token formed a falling wedge pattern, which is made up of two descending and converging trendlines.

Pepe Coin’s Relative Strength Index has continued rising, reaching a high of 65, its highest point since July 22. The two lines of the Percentage Price Oscillator have formed a bullish crossover.

Therefore, the most likely Pepe forecast is bullish, with the next target being at $0.00001475, up by 22% from the current level. This target is its highest point in July. A drop below the ascending trendline that connects the lowest swings since March will cancel the bullish outlook.

## **Charlie Kirk connection**

Pepe’s mascot, dubbed “Pepe the Frog,” also received attention this past week after reports circulated that conservative activist Charlie Kirk was killed by an individual who was allegedly associated with the so-called Groyper movement.

The Groyper movement is a far-right group led by alt-right activist Nick Fuentes, and their mascot is a variant of the Pepe meme. Before the killing, Groypers had for years disrupted Kirk’s events, accusing him of not being extreme enough.

Fuentes has denied the connection.

[Source link](https://crypto.news/pepe-coin-price-rises-as-1-1-trillion-leaves-exchanges-suddenly/)
