As the meme coin sector experiences a volatile start to 2026, PEPE finds itself at a crossroads between bullish technical predictions and growing skepticism about its long-term viability. Market analyst CryptoLinx has outlined an extremely optimistic outlook for the frog-themed token, suggesting a potential price surge of up to 3,000% if a key technical pattern holds true.
CryptoLinx pointed to a bullish Moving Average Convergence Divergence (MACD) cross on PEPE's weekly chart, a signal he believes indicates the formation of a true market bottom. He emphasized that such crosses at market bottoms often mark a transition from an accumulation phase to a sustained uptrend. The analyst's chart shows the weekly MACD lines crossing upward with momentum shifting from red to green, following an extended downtrend. This pattern, coinciding with price stabilization and a curl higher, is often associated with a rounded bottom formation.
Historically, similar setups have led to substantial price appreciation for PEPE, with moves of 200% to 300% recorded as momentum shifted in favor of buyers. However, CryptoLinx suggests that if the current bottom is confirmed, the upcoming rally could be "significantly more explosive" than past cycles. His analysis points to a potential upside of 1,500% to 3,000% for PEPE in 2026, which could see the token's price jump from its current level around $0.00000585 to between $0.0000928 and $0.000179.
This bullish outlook comes despite PEPE's challenging recent performance. In 2025, the token spent several months in a sustained downtrend, closing the year in the red and extending losses into early 2026. Although PEPE jumped more than 30% during a brief meme coin revival at the start of the year, it has since given back some gains. According to CoinMarketCap data, PEPE remains down over 68% Year-to-Date (YTD), though it has climbed more than 44% over the past month. At the time of reporting, PEPE was down nearly 3% in the last 24 hours and about 4.5% over the past week.
Meanwhile, a contrasting narrative is emerging as analysts question PEPE's sustainability beyond speculative cycles. While PEPE has staged a notable recovery, pushing back above key support levels near $0.0000060 and reviving short-term interest, resistance remains overhead at $0.0000070. Technical indicators show some cautious optimism—RSI has moved out of overbought territory and is stabilizing near neutral levels, VWAP remains below spot price, and short-term moving averages continue to slope upward—but the fundamental case is weakening.
A growing number of holders are reportedly rotating toward utility-focused alternatives, with projects like Remittix gaining attention. Remittix, which has raised over $28.8 million and sold more than 701.4 million tokens, is building a PayFi ecosystem targeting the $19 trillion global payments market. Its value proposition centers on enabling crypto-to-fiat transfers that settle directly into bank accounts across more than 100 countries within minutes. The project has been audited by CertiK, has confirmed a BitMart listing with LBank to follow, and has a live wallet on the App Store with crypto-to-fiat functionality scheduled to launch on February 9, 2026.
This shift highlights a broader market debate: whether meme coins like PEPE, which react mainly to sentiment and short-term momentum, can sustain value against projects built on clear utility and real-world adoption. As one analysis noted, "While Pepe Coin news continues to focus on technical breakouts and resistance levels, Remittix is shipping product."