Pepe (PEPE) meme coin is back in the spotlight, capturing attention and sparking excitement

This resurgence follows a period of notable gains: a significant 12% increase on the day and an impressive 42% surge over the past week

Pepe (PEPE) is once again making headlines in the crypto sphere, heating up both holders and traders.

What Happened: After a period of notable gains — a 12% increase on the day and 42% over the last week — have boosted its market capitalization from approximately $3.2 billion to $5 billion, marking nearly a 2x return over the last month, discussions about a potential return to its all-time high of $11 billion are resurfacing.

Several factors contribute to this renewed momentum. From a technical analysis perspective, PEPE is currently moving through a consolidation phase. Shorter timeframes like the 4-hour chart deliver mixed signals—oscillators point to selling pressure, while moving averages show buying interest.

The weekly chart leans bearish, but the monthly trend remains bullish. This setup places the token in a neutral zone, where many traders see an opportunity to accumulate ahead of the next major breakout.

Many traders see an opportunity to accumulate ahead of the next major breakout. Credit: Cryptonews

PEPE’s community continues to serve as a powerful driving force. Although activity on its official X (formerly Twitter) has slowed since a hack earlier this year, the follower count is nearing one million. Meanwhile, the community stays active by sharing memes and sparking daily engagement.

Elon Musk’s past mentions helped boost PEPE’s popularity, but such endorsements have become rare. Still, the token draws strong interest. Day traders continue to take advantage of its volatility, with recent take-profit signals appearing across several major exchanges.

PEPE launched without a formal team, specific promises, or built-in utility—embracing the raw, meme-fueled spirit of crypto. After two years of headline-making rallies, it still holds the spotlight. The community’s loyalty and the broader market’s energy continue to push the token forward.

As new investors enter the scene and altcoin season potentially unfolds, PEPE may once again create life-changing gains for early holders. Its unpredictable run shows no signs of slowing down.

Next, PEPE aims to hit a $10 billion market cap—a target many see as realistic if current momentum holds. Recent price action mirrors the explosive rally in November, when the token soared close to a $12 billion valuation.

See More: Best Cryptocurrency Prices Today - Bitcoin, Ethereum, Solana, Bitcoin Cash

What's Next For Pepe Price

The broader cryptocurrency market flashes strong bullish signals, hinting at the start of a new altcoin season. Market capitalization now nears the $3 trillion mark after rising 1.5% today, while trading volume has jumped nearly 40%. The Fear & Greed Index holds steady at a neutral 53.

Bitcoin dominance continues to decline, often signaling a shift of capital into altcoins — a trend that typically boosts meme coins like PEPE.

As Bitcoin (BTC) climbs toward the $100,000 milestone and Ethereum (ETH) reclaims the $2,300 level with eyes on $5,000, altcoins are heating up and creating a favorable environment for PEPE’s growth.

Beyond the market backdrop, PEPE shows clear strength. It now ranks as the third-largest meme coin by market cap, sitting around $5 billion. This rise has captured the attention of retail traders and crypto influencers.

PEPE recently overtook Dogecoin (DOGE) in 24-hour trading volume, becoming the most actively traded meme coin and the sixth most traded cryptocurrency overall (excluding stablecoins).

This spike in trading activity reflects rising interest from both retail investors and large "whale" wallets that appear to be accumulating PEPE.

This surge in performance has also sparked comparisons with meme coin heavyweights like Dogecoin and Shiba Inu (SHIB), with many speculating whether PEPE could eventually surpass Shiba Inu in market cap.

While no prediction is certain, the growing momentum and increasing mainstream exposure continue to fuel optimism among supporters, leading to bullish price targets and high expectations for the months ahead.

Next 100x Pepe: MIND of Pepe (MIND)

Combining AI with PEPE is a smart strategy, and the market clearly agrees — MIND is close to hitting $9 million in presale funding.

MIND of Pepe uses real-time intelligence and hive-mind analysis, making it a powerful AI agent on X and Telegram. It continuously tracks market trends and can even deploy tokens to instantly profit from emerging opportunities — a key part of successful crypto investing and trading.

Unlike many projects that delay product launches, MIND of Pepe is already delivering. The team announced on X in April that the first version of the AI agent will launch on May 10, before the presale ends.

One. $MIND pic.twitter.com/wYfJ1elhHO

Others in the market will also watch MIND of Pepe closely, and seeing it live will likely boost the token’s value — especially with