The meme coin market is roaring back in a big way this quarter, with its total market capitalization rocketing from under $40 billion in mid-April to its current level above $70 billion. Much of this momentum is coming from fresh optimism and a renewed risk appetite among whale traders, as high-profile tokens like Pepe (PEPE) keep attracting massive buy orders and posting double-digit gains.
Some smaller meme coins, such as dogwifhat (WIF), have even doubled their prices in a matter of days.
Adding more fuel to this bullish frenzy, Ethereum (ETH) has exploded by over 40% in the past week—significantly outpacing Bitcoin’s 10% gain. This impressive dual performance has led most analysts to conclude that an altcoin season is underway, creating an ideal environment for further meme rallies.
Mainstream meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) still boast much higher market caps than their peers (standing at $35 billion and $9.4 billion respectively)—and this is partly why investors are still betting big on PEPE, even though it’s already surged over 70% in the past week. The top frog coin’s market cap is just below $6 billion, opening up the possibility of PEPE flipping SHIB this year.
Eagle-eyed analysts have also noted that PEPE achieved success even though it has no utility or roadmap—so the newly emerging AI-based project MIND of Pepe (MIND) could actually be 2025’s biggest winner.
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After grinding through a lengthy downtrend in Q1, PEPE is again commanding attention as the meme coin market turns bullish. It’s gained roughly 70% in the last week and pushed into the $0.000014 range—but its bull run might not be over just yet.
Many supportive traders and analysts have suggested that PEPE could soon retest or surpass its record high of nearly $0.00002836. That target would represent a gain of approximately 2x for investors who buy today, and PEPE’s recent jump above the 200-day EMA (exponential moving average) is a powerful indication of a long-term bullish edge.
The meme coin sector-wide rebound provides another big reason to feel optimistic about PEPE and frog memes in general. One prominent social media voice—the crypto analyst James Wynn—has posted an extensive thesis on X showing that PEPE could be on the verge of another major breakout.
Among other observations, Wynn noted that Pepe’s weekly MACD is turning bullish after 17 consecutive weeks of downward pressure. He also highlighted Pepe’s wide availability on top exchanges and the coin’s community as core strengths that could drive a rally toward a new ATH.
Added to my $pepe long position today
Deep dive on my thesis 👇
For the first time in a very long time I have turned insanely bullish.
Pepe did a recording breaking run back in April 2023 and has not done anything near that magnitude of that run since.
It reached new ATH… pic.twitter.com/iWOIE8RGfP
— James Wynn 🐳 (@JamesWynnReal) May 7, 2025
Wynn also cited a possible $42 billion to $100 billion market cap range for PEPE if meme-driven hype and alt season dynamics escalate to last cycle’s levels.
Still, potential buyers should keep a close eye on technical indicators. While PEPE’s price action has turned firmly bullish, its daily Relative Strength Index (RSI) remains in the overbought zone, which could lead to a short-term correction. Whales might look to take partial profits, putting downward pressure on PEPE’s price at least for a few days or weeks.
With the market hungry for new meme coins, many traders are now diversifying into new projects that combine the same viral meme energy with meaningful utility and innovative features. MIND of Pepe (MIND) is one such newcomer, and has already raked in over $9 million via presale token purchases.
Amid PEPE’s impressive climb, MIND of Pepe (MIND) is becoming the next big star in the meme coin space. By leveraging an autonomous AI agent, MIND of Pepe aims to provide a 24/7 smart assistant for the average crypto investor. It’s also kept things fun and engaging, using the Pepe the Frog meme character throughout its branding and marketing content.
The MIND of Pepe AI was soft-launched last Saturday—and it’s already begun scanning the internet for social media buzz, whale wallet movements, DEX liquidity inflows, and on-chain data to start picking up early trends.
This crypto-focused agent will hunt for alpha in real time, so MIND holders (who will get exclusive access to MIND of Pepe’s private insight dashboard) can catch meme coin breakouts before they explode. The AI is also self-evolving—which means it will continuously train itself on new data, react faster to volatility, and refine its predictive algorithms the longer it operates.
After MIND of Pepe becomes more accustomed to the latest market changes, it will also deploy its own smart contracts and even launch new meme coins autonomously. This bold vision goes beyond simple brand hype: when the AI discovers or creates trending cryptos, early access could be a game-changer for MIND holders.
Whales have shown particular interest in MIND of Pepe, with gigantic purchases of up to $200,000 becoming increasingly common. Now that the $9 million milestone has been passed, MIND’s next total valuation target lies in the eight-figure range—with about 16 days left to go before the presale finishes and exchange launch announcements arrive on May 31.
MIND’s final presale price is $0.0037515, and staking APYs of around 247% are still available for the time being. The MIND of Pepe team have made sure that MIND is easily accessible to early buyers who believe in the potential of AI-powered meme coins—so it wouldn’t be surprising to see this sale sell out before the end of the month.
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.
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