SUI Turn Investors Heads With Recent Price Surge, SUI Memecoin LOFI Faces New Rival Pepe Dollar Gaining SUI Whale Support

The SUI blockchain’s recent price performance has caught the eye of both retail and whale investors, driving renewed attention to its ecosystem. But as capital flows shift and the memecoin sector explodes, a new contender—Pepe Dollar (PEPD)—is gaining traction, challenging SUI-based projects like LOFI and attracting the backing of influential SUI whales.

LOFI Faces a New Challenger: The PEPD Effect

LOFI, the flagship memecoin on SUI, has enjoyed a strong community presence, but new competition is shifting the narrative. Pepe Dollar (PEPD), with its Ethereum (ETH) roots and MemeFi infrastructure, is increasingly being adopted by SUI whales looking for the next big catalyst.

Why are SUI whales showing interest in Pepe Dollar (PEPD)?

• Cross-Ecosystem Appeal: Pepe Dollar (PEPD) is not chained to a single network. While LOFI operates solely on SUI, PEPD’s Layer-2 design and EVM compatibility mean it can operate across chains, with Ethereum (ETH) as its home base and plans for expansion to chains like Arbitrum and Polygon.
• Transparency and Scarcity: Unlike many new memecoins, Pepe Dollar (PEPD) offers full transparency—real-time dashboards for new launches, a capped supply, and no hidden allocations. SUI whales, familiar with on-chain analysis and skeptical of rug pulls, are drawn to PEPD’s clear tokenomics and security.

Utility Over Hype: Where LOFI relies on community culture alone, Pepe Dollar (PEPD) backs up its meme credentials with payment, gaming, and tipping features. PEPD isn’t just a speculative asset; it’s designed to be spent, staked, and used within a broader MemeFi economy.

SUI’s Rally and Market Structure

After a significant 12.5% price increase and a trading volume surge to $2.1 billion in 24 hours, SUI proved it could still capture bullish momentum—even amidst widespread market volatility. Fibonacci levels around $2.43 held as robust support, echoing Bitcoin’s (BTC) resilience above $100k and helping the SUI token recover from earlier dips. However, deeper on-chain analysis suggests the buying pressure is still thin, with weekly A/D indicators showing persistent sell-offs and the CMF stuck in negative territory.

This mixed picture hasn’t stopped large SUI holders from seeking fresh opportunities in the meme coin sector, where Pepe Dollar (PEPD) stands out as a compelling alternative.

Whale Activity and MemeFi’s Next Wave

As the memecoin market matures, SUI whales are shifting from pure hype-driven trades to more sustainable bets. PEPD’s Federal Burn event, which will destroy 29% of the supply, has been interpreted by large holders as a bullish signal, reducing long-term inflation risk and concentrating value. Additionally, by allocating a portion of tokens for staking and ecosystem rewards, Pepe Dollar (PEPD) actively incentivizes both early supporters and newcomers alike.

Meanwhile, SUI’s technicals remain in a precarious zone. A break above the $3 mark could renew local demand, but as trading volumes ebb and flow, capital is seeking out the most robust narratives and transparent projects.

The Bottom Line

While SUI’s price surge highlights renewed interest in the chain and LOFI’s memecoin status is unchallenged on SUI, the broader meme coin narrative is shifting. Pepe Dollar (PEPD), thanks to its robust utility, transparent economics, and multi-chain ambitions, is drawing SUI whale attention—and may become the meme economy’s next cross-chain juggernaut.

For investors seeking the next memecoin catalyst, Pepe Dollar (PEPD) offers both meme energy and foundational utility. Explore more at PepeDollar.io.