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The meme coin market is rebounding in full swing, riding a wave of renewed investor interest amid improving macroeconomic conditions. One of the standout performers so far has been Dogwifhat (WIF); the Solana-based meme coin that just smashed past the $1 mark, surging nearly 35% over the past day alone.
After several months of relative calm, meme-themed cryptocurrencies are again outperforming the broader crypto market. While veterans like Dogecoin and Shiba Inu are making impressive gains, memecoins such as Dogwifhat, Mog Coin (MOG), and Peanut the Squirrel (PNUT) have enjoyed triple-digit rallies in the past month.
Investors are now also turning to early-stage projects like MIND of Pepe (MIND). This brand-new meme coin leverages the Pepe theme with an AI-driven crypto trading assistant and with its presale having raised over $9 million, analysts are expecting big gains when it lists on exchanges next month.
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Dogwifhat Explodes Past $1 Mark – More Gains Ahead?
WIF reclaimed the $1 resistance for the first time since January after witnessing a parabolic rally of around 190% in just the last 30 days.
The meme coin’s price jumped more than 35% in the span of just 24 hours, briefly touching $1.3. It’s worth noting that Dogwifhat’s daily trading volumes exceeded $1.5 billion alongside the recent gains.
With $1 now cleared, investors are wondering whether Dogwifhat’s rally still has fuel to push higher. Cryptocurrency analyst Danny Marques recently highlighted WIF’s decisive break above its six-month downtrend on X.
If you didn't believe, well you sure should now. Just broke out of this 6 month downtrend (could continue extending higher to the 0.5 fib at $1.20s before its wave 2, or it could start now) pic.twitter.com/XKQimQuTZv
— Danny Marques | Investing Informant 📊📈 (@Invst_Informant) May 10, 2025
Danny believes the token could extend its run to above the 0.5 Fibonacci retracement level near $1.2 before seeing a corrective pullback. He has also highlighted $2.4 (near the 1.38 Fibonacci level) as a potential target.
Still, traders should watch for signs of potential profit-taking. Technical indicators like the Relative Strength Index (RSI) show that WIF’s price is well into the overbought territory. RSI is a tool traders use to measure how strong buying or selling pressure is at any given moment.
Beyond Dogwifhat’s technical picture, broader market sentiment has turned more bullish. Recent developments in the U.S.–China trade deal have reduced global economic tensions, creating a risk-on environment that especially favors meme coins.
Even with its impressive performance, WIF remains well below its May 2024 highs of around $4.8, leaving room for further gains if the meme coin rally continues. Some bullish commentators see a path back to those prior peaks, especially if WIF continues garnering community support and trading volume.
Many investors are now also turning to early-stage meme coin projects that solve real-world problems. One of the most promising contenders in this category is MIND of Pepe, which has raised $9 million in its recently launched presale.
Investors Are Backing MIND of Pepe as the Next Big Meme Coin
While Dogwifhat’s surge has captured today’s headlines, MIND of Pepe (MIND) is quietly gaining traction as a meme coin with genuine AI-powered utility. Set to launch on exchanges soon, MIND’s presale has already surpassed $9 million in just a few months.
MIND of Pepe’s crypto AI agent will scan social media platforms like X in real time to analyze sentiment, trending topics, and potential up-and-coming altcoins. This intelligence will then be channeled into a private portal for MIND holders, offering data-driven insights and early alerts on tokens that could be set for explosive growth.
Many analysts believe that its advanced market-scanning capabilities could help generate massive demand for MIND once it becomes publicly tradable.
The AI will even autonomously launch new tokens if it detects a gap or a prime opportunity in the market, giving MIND of Pepe investors “hive-mind” insights into meme coins.
The current token price is $0.0037515 per MIND, and each new funding milestone will trigger a price increase in the presale rate. MIND of Pepe also offers a staking program with a high annual yield of around 249%.
This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.
Nikolay is a crypto enthusiast, with a keen interest in emerging technologies and investment strategies. He holds active positions across various crypto exchanges, regularly analyzing and investing in promising new projects and meme cryptos. Nikolay is known for his ability to take calculated risks and extract value from unconventional investments, with his highest return being 13X with the $PEPE token.
His investment philosophy includes a strategic approach focused on long-term growth, supported by in-depth research of market trends and innovations in crypto and blockchain technologies. Niki actively monitors global market changes and has a deep understanding of cryptocurrency mechanisms and their potential for development.