After several weeks of consistent downside volatility, Bitcoin has finally reclaimed the $100k mark, trading around $102k at press time.
Renewed optimism over a potential trade deal between US-China, coupled with the Fed’s latest decision to keep interest rates steady, has been fueling the upward momentum—with experts eyeing a new peak above $110k in the coming days.
Unsurprisingly, Bitcoin’s bullish strength has provided a significant boost to the meme coin market.
Pepe, the world’s third-largest meme coin by market cap, has rallied by more than 48% in a week, with the majority of the increase occurring in the past 24 hours.
The Ethereum meme coin, known for its wild ride and passionate community, is trading around $0.00001296 with a market cap of $5.45 billion at press time.
Meanwhile, the latest predictions from experts suggest that PEPE could be on the cusp of another major bull rally, which could result in new all-time highs.
Pepe Price History
Pepe entered the market during the second quarter of 2023 with the intention of being nothing more than a meme coin.
However, despite boasting no real utility, the Ethereum meme coin got off to an explosive start, becoming one of the fastest tokens to surpass the $1 billion threshold.
The initial pump was followed by a correction though the meme coin still experienced small pumps throughout the remainder of the year.
Then in mid-February 2024, Pepe’s bullish strength was on full display once again, with the price soaring by more than 1400% before another correction happened.
The token’s second bull run of the year started in early November 2024—fueled by the emergence of a crypto-friendly Donald Trump as the president of the United States. It lasted for 33 days, pushing the Pepe price to a new peak of $0.00002825.
In early 2025, the Ethereum meme coin took a corrective path again due to adverse market outlook, fueled by sticky inflation and trade war.
However, with indications suggesting that the crisis might be ending soon—perhaps due to ongoing negotiations between China and the US—Pepe finally staged a comeback and could be on its way to retest its December 2024 peak.
Pepe Price Analysis
The meme coin frenzy is heating up again, with top tokens like Pepe fueling the charge. The frog meme coin has finally broken out of the consolidation channel and is showing clear bullish momentum, having already gained over 100% since its April 9th low.
Right now, Pepe’s charts tell a story of renewed strength, with key targets at $0.0000135, $0.000014, and $0.0000145 respectively.
The daily chart on DexTools, for instance, shows that the Ethereum meme coin has established strong support at $0.0000078, with bullish signals dominating. If the support level holds, the bulls could target the immediate resistance at $0.000013.
Meanwhile, technical indicators also suggest overbought conditions, calling for caution in the market. At press time, the token’s Relative Strength Index is oscillating around the 80 area, indicating intense buying pressure. Analysts see this as a signal of a slight pullback, which could, in turn, set the stage for another major rally.
On the other hand, the MACD momentum indicator upholds a buy signal, as it has flipped above the orange line.
Pepe Price Prediction
Short-Term
Pepe’s current rally is marked by soaring token holders and heavy whale investment. Just yesterday, Lookonchain flagged a whale opening a long position on the meme coin, worth about $4.36 million.
The increasing whale accumulation, coupled with other factors like its strong technicals, has been the reason for Pepe’s bullish momentum.
In fact, at the time of writing, the meme coin has outperformed every key moving average indicator in its four-hour, daily, weekly, and monthly timeframes.
While short-term pullbacks are expected due to its overbought condition, experts anticipate another explosive breakout that would help the meme coin retest its peak.
Perhaps even more importantly, all eyes will be on Ethereum—considering the strong correlation between the two altcoins.
At press time, ETH has broken out of a multi-month downtrend to reclaim the $2,000 level. If the altcoin leader sustains its upward trajectory, Pepe could secure a bullish continuation, potentially reaching a new high of $0.00003.
Long-Term
Since Pepe lacks any utility, it is extremely difficult to accurately predict its long-term performance.
However, considering how it has managed to stay strong as one of the world’s leading tokens since 2023, analysts are increasingly optimistic that the Ethereum meme coin could still retain its relevance in the coming years.
Pepe’s community remains as strong as ever, and meme coins often defy technical gloom with parabolic surges driven by sentiment. If the community continues to rally around the meme coin, more growth can be achieved.
However, due to increasing competition in the meme coin market, it will also be important if Pepe emerges with a utility—as that is a big factor that would help it retain dominance.
MIND of Pepe — A Utility-Focused Variant of Pepe
While Pepe still derives much of its growth from following Ethereum’s tracks and its strong community backing, MIND of Pepe is going viral as a utility-driven version of this popular meme coin.
Blending two concepts—meme culture and artificial intelligence—MIND of Pepe has created a strong narrative around its mission, which is to create an all-in-one agent that can help investors identify trading opportunities before it becomes public knowledge.
This advanced blockchain tool is designed to operate independently, analyzing real-time data, providing exclusive alpha calls about the best new launches, and interacting with its environment—all without any human input.
Unlike most meme coin projects that made promises in the past and failed to deliver, MIND of Pepe is already hitting the ground running. Its actual product, which is the AI-powered agent—will go live tomorrow, May 10th, 2025.
MIND of Pepe is not just another traditional trading bot—it is a purpose-built intelligence engine that turns fragmented data into exclusive market insights that could position both day-to-day traders and long-term investors for outsized returns.
What also makes the AI agent particularly attractive is the fact that it allows people with no coding knowledge to create their own tokens, adding an extra layer of utility to it.
In addition to these perks, staking is also an available utility, encouraging users to hold MIND tokens for the long term and earn APY rewards.
Several crypto YouTubers including Alessandro De Crypto are bullish on MIND, emphasizing its potential to deliver the next 10x returns. Currently, the project is nearing the $10 million milestone in its presale.
And with less than 21 days to the end of the ICO, MIND’s early success indicates broader market interest, elevating its market position and giving it explosive potential.
Those who want to explore more about this project should visit the official website.
Visit MIND of Pepe
This article has been provided by one of our commercial partners and does not reflect Cryptonomist’s opinion. Please be aware our commercial partners may use affiliate programs to generate revenues through the links on this article.