The meme coin frenzy continues to heat up, with PEPE taking center stage once again

This spike coincided with a notable move by crypto trader James Wynn, who reopened a 10x leveraged long on PEPE

Meme coin frenzy continues to heat up, with PEPE taking center stage once again. The token soared over 7% in the past 24 hours, now trading at $0.00001402 at press time. This marks a staggering 50% gain over the past 30 days.

But what has truly captured market attention is the massive $1.5 billion in trading volume - a sharp 27.07% jump overnight, pointing to heightened speculative interest.

Haha @cryptomanran called it 🙈😂

Back in the casino already. Only thing is… can I keep my positions under control…

Once a degen, always a degen 🫡https://t.co/hT1RX8ejqk

— James Wynn 🐳 (@JamesWynnReal) May 26, 2025

The spike coincided with a notable move by crypto trader James Wynn, who reopened a 10x leveraged long on PEPE.

Wynn had previously bagged over $26 million in profits from a similar meme coin trade on HyperLiquid.

However, he’s quickly aiming to add to his gains with this fresh bet on PEPE, on which he’s already $200,000 in profit.

This type of high-profile endorsement is a classic fuel for meme token rallies, amplifying bullish sentiment and FOMO among retail investors.

Pepe Price Technical Analysis: Bullish Setup Or Caution Signal?

Looking at the latest 12-hour chart for PEPE/USDT, the meme coin appears to be consolidating after a sharp breakout from a descending wedge pattern - a structure often seen before major trend reversals.

Currently trading at $0.00001399, PEPE is showing strong support near this level. The next upside targets are located around the $0.00002100 and $0.000로2836 resistance zones.

These areas served as key reversal points during the previous market cycle and could act as magnets if bullish momentum continues.

PEPE Daily Chart. Source: TradingView

The RSI is holding firm at around 55, indicating healthy consolidation without entering overbought territory. Meanwhile, the MACD remains in bullish territory, and volume has normalized after the earlier breakout, hinting at a potential accumulation phase.

If PEPE can sustain current levels and break above the $0.00001500 mark, the path to $0.00002836 becomes increasingly viable - possibly setting the stage for a new all-time high later this year.

PEPE Reclaims Spotlight - But This AI Token Is Stealing The Show

As PEPE's market cap surges past $2 billion, another token is turning heads even more with its powerful fusion of AI and crypto.

Meet MIND of Pepe ($MIND), a self-evolving AI agent that doesn't just react to the market - it helps shape it. $MIND forms original insights, engages with influencers, and identifies emerging trends in real-time.

This time, it's making headlines with its presale smashing through the $10 million mark.

The news comes as crypto market capitalization rose 0.7% overnight to reach $9.47 billion.

The Solana price is set to blast past $200 on huge buying momentum triggered by news of bank adoption.

As a result, the chain's first Layer 2 Solaxy ($SOLX) could sell out fast with only 24 days left. Solaxy's presale is about to hit the $40 million mark, and its fundraising run rate is still increasing.