Is Meme Coin Mania Back? Shiba Inu (SHIB) & PEPE Prices Break Out : Here’s What’s Behind the Pump
Shiba Inu (SHIB) and Pepe (PEPE) tokens are drawing fresh attention after both posted sharp upward movements in price and volume. In a YouTube video, Zach Humphries, who has over 191,000 subscribers, described the latest surge as the “biggest breakout we have seen in 2025” for Shiba Inu, while Pepe price also continued its bullish trend from previous lows. Both tokens are approaching key technical levels, with several meme coins across the market showing double-digit weekly gains.
What you'll learn 👉
SHIB Price Sees Breakout Past Major Moving Averages
Shiba Inu is priced at $0.00001528 at present, reflecting a 14% increase in the last 24 hours. Trading volume has also surged by 132.52%. According to Humphries, this marks the largest breakout for SHIB in 2025. The token has reclaimed the number 14 spot by market capitalization, now standing at $9 billion.
Zach mentioned that the trading volume on the ShibaSwap DEX increased by 244%, surpassing $10 million. The price later broke out of its long-term downtrend, crossing over both the 50-day and 100-day exponential moving averages.
Technical indicators are now showing a potential bullish reversal, with the key resistance levels being $0.00001661 and $0.00001798. Zach also emphasized that SHIB achieved this momentum independently, without a direct correlation to Ethereum’s price activity. Charts from TradingView confirm that current price levels have not been seen since early March, reinforcing the short-term bullish trend.
Read Also: Meme Coin Mania Returns: SPX, FARTCOIN, and BONK Lead the Rally
PEPE Price Pushes Toward Top 30 with Strong Technical Momentum
The price of Pepe has climbed 14.24% and is now trading at $0.000008994. Its 24-hour trading volume has increased by 36.47%. Humphries stated that the uptrend has been building for several weeks, beginning when the token was priced in the $0.0000065 range. PEPE now approaches a $4 billion market cap and is nearing the top 30 cryptocurrencies by size.
Charts indicate that PEPE price must cross the 100-day EMA at 1094 and the 200-day EMA at 1180 to maintain its upward trajectory. Price levels reached today have not been seen since late February. The potential to retest lower levels remains, but technical momentum has pushed the token into bullish territory.
Meme Coins See Broad Gains Across Market
Humphries noted wider gains across meme-based tokens, attributing the movement to increased market activity. Dogecoin price is up 19% this week, while Bonk and Brett have also posted double-digit gains. SPX, Fartcoin, and others just outside the top 100 have also shown notable performance.
Market mood suggests that we might be at the beginning stages of a larger risk-on attitude. This run-up in prices of meme coins is consistent with the recent rise of Bitcoin to $88,000, rekindling the interest of investors. The sentiment shift has led to Ethereum-based meme coins like SHIB, PEPE, and Brett drawing attention.
Furthermore, SHIB and PEPE prices have broken key technical thresholds. Analysts remain focused on the 100-day and 200-day moving averages as the next major hurdles. These levels will likely determine if momentum can be sustained.
Humphries concluded his analysis by stating that continued strength above these metrics could signal the start of a broader rally across meme coins. However, he acknowledged that the possibility of short-term corrections remains.
Read Also: Pi Coin Price Prediction for Today (March 26)
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