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Cryptocurrency News Articles

The meme coin frenzy is heating up again as PEPE sparks fresh excitement following months of consolidation.

May 06, 2025 at 01:35 am

Over the weekend, trading volume surged to $350 million, signaling a potential shift in sentiment for a token known to rally hard on momentum.

The meme coin frenzy is heating up again as PEPE sparks fresh excitement following months of consolidation.

The meme coin frenzy is heating up again as PEPE sparks fresh excitement following months of consolidation.

This post examines the current technical setup for PEPE and highlights key price levels to watch.

Additionally, we'll glance at the MIND of Pepe project and its impressive fundraising total.

PEPE Price Analysis – Where Is PEPE Heading Now?

Trading volume for PEPE surged to $350 million over the weekend, signaling a potential shift in sentiment for a token known to rally hard on momentum.

Currently priced at $0.000008147 and still down over 70% from its all-time high, PEPE is trading slightly below its 20-day EMA of $0.00000827.

PEPE recently broke out of a long-standing falling wedge pattern – a structure usually indicating bullishness. This breakout occurred with a significant increase in volume, providing crucial confirmation for the price move.

The breakout appears valid, although price is testing the wedge resistance as support, making the next few days crucial for trend continuation.

If the breakout holds, the immediate short-term target lies around $0.00001000, which aligns with the wedge's upper resistance and a local horizontal supply zone. A clean daily candle close above that could open the path toward $0.00001250, and eventually $0.00001500, which coincides with the December 2023 highs.

On the downside, if the price fails to hold the wedge support (currently around $0.00000750), it could re-enter the pattern and revisit the $0.00000600–$0.00000650 demand zone – invalidating the bullish setup.

The RSI has cooled off from near-overbought levels (70+) and now sits around 50.07, indicating that the recent dip may be a healthy correction within an ongoing bullish setup.

The MACD, while still positive, shows slight bearish convergence, suggesting a potential short-term slowdown in momentum.

With volume and narrative both favoring the bulls, the key level to watch is a daily close above $0.0037515—which could trigger the next leg up.

If momentum carries forward, PEPE could aim for its previous all-time highs near $0.00002500, and in the long-term euphoric scenario, inch toward the $1 mark—a monumental milestone but extremely speculative at current supply levels.

MIND of Pepe Appears to Capitalize on the Bullish Meme Wave with $8.7M Raised

Merging the viral appeal of meme culture with the utility of autonomous artificial intelligence, MIND of Pepe ($MIND), a self-evolving AI agent designed to provide valuable insights to its holders, has reportedly raised a massive $8.7 million during its ongoing presale.

Set to conclude in the coming weeks, MIND of Pepe focuses on using AI to track and analyze crypto trends, particularly on platforms like X (formerly Twitter), to identify early opportunities.

This information is then exclusively shared with $MIND token holders.

Additionally, staking allows $MIND holders to earn impressive rewards at 260% APY.

You can purchase $MIND at the current price of $0.0037515 by visiting the official MIND of Pepe website and connecting a supported wallet like Best Wallet.

Use your bank card or swap crypto to complete your $MIND purchase.

The COGNI token presale began in April 2025. Staking rewards, liquidity pools, and strategic partnerships are driving long-term growth.

Traders are eyeing a $300,000 Bitcoin ($BTC) target as early as June – and early-stage investors in BTC Bull Token ($BTCBULL) are paying close attention.

OpenAI CEO Sam Altman officially launched his eye-scanning Orb-device crypto project and AI agent $MIND of Pepe ($MIND) raised more than $8.6 million.

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Other articles published on Jun 09, 2025