James Wynn, an early PEPE investor, predicted the token would reach a $69 billion market cap in 2026 in a tweet, but crypto analytics firm LookOnChain reports he closed all PEPE and ETH long positions on Hyperliquid and withdrew most funds. The moves have prompted questions about whether he expects a sharp price correction.
“he said he would delete his account if PEPE does not hit his $69 billion target.” Wynn’s earlier correct call had driven inflows and boosted his standing within the PEPE community.
Data shows the token recently dipped, and Wynn’s exits may have contributed to the decline. CoinGecko data lists PEPE down 8.2% in 24 hours, 3.4% in seven days, and 64.9% since January 2025, while showing 14-day gains near 49.5% and monthly gains near 53.6%.
Analysts remain cautious. CoinCodex analysts project PEPE could fall to about $0.00000447 on Jan. 26, 2026, implying roughly a 26.9% correction from recent levels.
The broader crypto market still recovers from the late-2025 crash, and many investors remain risk-averse. (Ed. note: gold and silver have hit multiple all-time highs recently.) PEPE remains a high-risk memecoin.
