Pepe · PEPE/USDT · daily
What happens to Pepe after a capitulation day?
Since 2023, Pepe has shown a capitulation day 10 times. In the 10 cases old enough to score, the price was higher 7 days later 30% of the time, with a median move of −3.0%. On an ordinary day the median 7-day move for PEPE is −1.4%.
No better than chance18
Once you allow for how many studies were run, a gap this large is luck about 94% of the time, so this signal has told you nothing reliable about the following week.
By holding period
| After | Cases | Higher | Median move | Middle half | Ordinary median | Gap | By luck | Proof score |
|---|---|---|---|---|---|---|---|---|
| 1 day | 10 | 50% | 0.0% | −1.7% to +7.1% | −0.2% | +0.2% | 96% | 16 |
| 3 days | 10 | 70% | +2.9% | −1.6% to +14.4% | −0.9% | +3.8% | 57% | 25 |
| 7 days | 10 | 30% | −3.0% | −11.1% to +3.7% | −1.4% | −1.6% | 94% | 18 |
| 14 days | 10 | 50% | +3.3% | −13.2% to +8.6% | −2.3% | +5.6% | 85% | 21 |
| 30 days | 9 | 22% | −9.7% | −23.9% to −4.3% | −3.6% | −6.1% | 61% |
“Ordinary median” is the median move of PEPE over the same number of days starting from any day. “Gap” is the signal's median minus the ordinary one. “By luck” is how often a gap at least that large comes from randomly chosen days, corrected for the 3,572 studies run at each holding period (for this study taken alone: 74%).
Holding it for 7 days
Dips and best points use each day's low and high, measured from the close on the signal day. Costs assume 0.3% for a round trip: a 0.1% exchange fee each way and 0.05% slippage each way.
Every occurrence
One square per occurrence, oldest first. Green: higher 7 days later. Red: lower. Grey: not yet 7 days old.
| Date | Close | +1d | +7d | +30d |
|---|---|---|---|---|
| 29 Oct 2026 | $0.00000456 | +8.3% | +5.3% | open |
| 10 Oct 2025 | $0.00000671 | +0.1% | −0.9% | −9.7% |
| 23 May 2025 | $0.00001381 | −0.2% | −15.9% | −35.8% |
| 19 Jan 2025 | $0.00001604 | −1.5% | −12.6% | −42.3% |
| 1 Oct 2024 | $0.00000970 | −4.7% | −2.0% | −6.1% |
| 5 Aug 2024 | $0.00000704 | +9.9% | +16.8% | +4.4% |
| 29 Feb 2024 | $0.00000274 | +45.6% | +148.5% | +196.7% |
| 6 Dec 2023 | $0.00000148 | +3.4% | −4.1% | −19.6% |
| 27 Oct 2023 | $0.00000116 | −1.7% | −6.9% | −4.3% |
| 25 Aug 2023 | $0.00000088 | −2.3% | −12.5% | −23.9% |
The 12 most recent. All 10 are in the open data file.
The rule
Daily close at least 7% below the previous close on volume at least 2.5× the previous 30-day average. A steep fall on very heavy volume is the textbook picture of capitulation, when the last holders give up.
Occurrences closer than 7 days to the previous one are not counted again. The signal is confirmed at the daily close (00:00 UTC) and returns are measured from that close. Full method.
The same signal on other coins
| Coin | Cases | Higher after 7d | Median | Gap | Verdict |
|---|---|---|---|---|---|
 Neo | 24 | 42% | −6.7% | −6.1% | Weak evidence |
 Tellor | 25 | 40% | −5.8% | −5.3% | Weak evidence |
 Ethereum Classic | 29 | 48% | −0.2% | +0.8% | Weak evidence |
 Ravencoin | 20 | 40% | −3.7% | −2.3% | Weak evidence |
 Zcash | 24 | 58% | +6.0% | +5.8% | No better than chance |
 Dogecoin | 21 | 43% | −4.3% | −3.4% | No better than chance |
 Cardano | 27 | 52% | +1.2% | +2.1% | No better than chance |
 Dash | 20 | 55% | +2.9% | +3.4% | No better than chance |
Capitulation: heavy drop on heavy volume across all 94 coins
Other Pepe signals
New signals are sealed in the public ledger at the daily close. Members see them immediately; everyone else sees them a day later.
See today's signals