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

The meme coin market is fully rebounding after several months of relative calm. Notably, meme-themed cryptocurrencies have outperformed the broader crypto market, with veterans like Dogecoin and Shiba Inu making triple-digit gains in the past few months.

However, memecoins such as Dogwifhat (WIF), Mog Coin (MOG), and Peanut the Squirrel (PNUT) have enjoyed triple-digit rallies in the past month as investors are returning to meme coins amid improving macroeconomic conditions and U.S.–China trade deals.

As meme coin traders search for the best meme coin to buy, one of the most promising projects is early-stage project MIND of Pepe (MIND). This new meme coin combines the enduring popularity of Pepe with an AI-driven crypto trading assistant.

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 went back above the $1 resistance for the first time since January following a parabolic rally of around 190% over the last 30 days.

The meme coin’s price surged more than 35% over the last 24 hours, briefly touching $1.3. It’s worth noting that Dogwifhat’s daily trading volumes exceeded $1.5 billion alongside the recent gains.

In the meantime, open interest in WIF futures mroe than doubled from around $130 million in April to about $330 million in early May.

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.

$WIF The hat stays on. 👒

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.

Apart from the technical picture, broader market sentiment has become 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 next month, MIND’s presale has already surpassed $9 million.

The meme coin is integrating an AI crypto trading agent that will scan social media platforms like X for sentiment, trending topics, and promising altcoins. This intelligence will then be fed into a private portal for MIND holders, offering data-driven insights and early alerts on tokens that could be set for explosive growth.

In a recent move that has ramped up investor excitement even more, the MIND of Pepe development team released its AI agent on X.

🚨Attention all crypto traders!

Introducing the all-new MIND of Pepe AI crypto trading agent. 🤖

Get ready for an unparalleled level of market analysis as our advanced AI scans X in real time, autonomously detecting promising altcoins and delivering valuable insights to our community.

Join the revolution today!

🔗: https://t.me/mindofpepe

— MIND of Pepe (@mindofpepe) May 11, 20