Meme Coin Market Cap Holds Above $70B as Pepe (PEPE) Rallies Toward Breakout Zone

Crypto bulls have propelled Bitcoin (BTC) to new highs this month, with traders eyeing a potential run back to its near-$109000 record from January.

Crypto bulls have propelled Bitcoin (BTC) to new highs this month, with traders eyeing a potential run back to its near-$109,000 record from January.

JPMorgan’s analysts recently commented on how Bitcoin could outperform gold in the latter half of 2025, as institutional buyers pivot toward crypto in anticipation of continued monetary policy shifts.

Meanwhile, the meme coin market has held firmly above the $70 billion mark, driven by a wave of bullish developments.

Leading canine-themed tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) are showing double-digit monthly gains. However, Pepe (PEPE) has stolen the show with a 75% rally over the past 30 days.

The total market cap of meme coins surged around 40% in April, keeping pace with the broader AI-driven token sector, which saw a similar uptrend during the this period.

Against this backdrop, many are wondering just how far PEPE’s price could run in 2025, and whether the brand-new AI-powered meme coin MIND of Pepe (MIND) could become the next big winner after raising $9.5 million in record time.

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Pepe Rallies Toward Breakout Zone as Whale Accumulates 2.2T Tokens

PEPE is currently trading around $0.000012, showing gains of roughly 75% in the past month.

These gains have helped PEPE to rebound sharply after retreating more than 80% from its all-time high (ATH) of $0.00002836 in December 2024, reclaiming a large part of its earlier losses.

On May 12, PEPE spiked to $0.0000154, marking its highest price since January and a massive 180% surge from this year’s lows.

Although these gains have cooled slightly, PEPE remains in a longer-term uptrend. It currently sits about 54% below its ATH, leaving room for further upside if the meme coin’s current momentum continues.

A major whale investor has also been aggressively accumulating PEPE. According to blockchain analytics firm Lookonchain, the whale recently withdrew 420 billion PEPE (around $5.39 million) from Binance, boosting their total PEPE holdings to 2.21 trillion tokens (worth $29.28 million) in just two days.

Massive $PEPE accumulation!This whale withdrew another 420B $PEPE($5.39M) from #Binance 5 hours ago, bringing the total to 2.21T $PEPE($29.28M) withdrawn over the past 2 days.https://t.co/XdqrB6Ju97https://t.co/01I7DZoHkA

— Lookonchain (@lookonchain) May 18, 2025

Interestingly, the whale wallet had been dormant for nearly two years before making these huge moves, suggesting a new surge of confidence in the token’s prospects.

Traders are now closely watching for a decisive break above the $0.000014 resistance level, which could open the door to $0.000017. Many speculate that clearing that price ceiling might trigger FOMO from latcomers.

Looking at the recent price moves, popular crypto commentator CryptoElites has set a target of 40x gains after highlighting PEPE’s 150% jump from their initial entry.

Whether that’s realistic depends on the broader market mood, and whether PEPE can sustain enough trading volume to keep whales from dumping.

Meanwhile, as investors foresee the potential of AI-driven meme coins, they’re betting big on projects like MIND of Pepe, which is currently in the final stage of its presale.

MIND of Pepe Presale Hits $9.5 Million, Can This AI Meme Coin Outperform Pepe?

As the popularity of the iconic Pepe meme continues to gain mainstream attention, MIND of Pepe (MIND) seeks to evolve it by integrating cutting-edge AI with real-world utility.

This idea has resonated with veteran investors, helping MIND of Pepe to raise $9.5 million in its presale—with just 12 days left until the official token launch.

MIND of