Pepe Price Prediction After Explosive 55% Rally – Time to Buy Meme Coins Again?
By: bitcoin ethereum news|2025/05/09 22:15:05
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The popular meme coin, Pepe ($PEPE), is finally back in the spotlight with an explosive 55% rally on Thursday and Friday. The Pepe price deleted a zero and traded as high as $0.0000139, now up by more than 160% from its March 11th bottom. The frog meme token’s staggering rally has caught investors off guard, including many whales, who are now looking for buying opportunities. Opinions are split between whether sidelined investors should wait for a correction or FOMO buy at the current price. Pepe price predictions from prominent analysts have answered what’s next for the meme coin – a cooldown or a bullish continuation. Pepe Among The Top Crypto Gainers on Thursday, How High Can It Go? Pepe formed the classic cup-and-handle pattern and broke out of it on Thursday, printing a 55% rally in two days. A high volume breakout suggests the possibility of a bullish continuation. $PEPE continues to show a strong correlation with Ethereum, with smart money investors viewing it as a beta bet on ETH. The Ethereum price printed a 21% green candle on Thursday, followed by another 10% rally on Friday, which has triggered a bull run in ETH memes like Pepe as well. Savvy investors continue to view Pepe as one of the best cryptocurrencies to invest in for this bull market. Data from crypto-correlation.com reveals a 0.767 correlation between Ethereum (ETH) and Pepe (PEPE) over the past year. With Ethereum currently trading 54% below its all-time high, it would need a 117% rally to reach its previous peak. Given the continued 0.767 correlation with ETH, Pepe could experience a 152% rally, bringing its market capitalization to $11.5 billion. If experts’ predictions hold true and Ethereum peaks at $6000 in this bull cycle, Pepe could see a 220% rally, pushing its market cap to $15 billion. Pepe Price Prediction — What’s Next? It is unlikely that Pepe has run out of steam following Thursday’s rally, although the possibility of a short-term correction cannot be ignored. It hasn’t formed any bearish divergence yet in any timeframe, which bodes well for the possibility of a bullish continuation. Pepe price prediction from Solberg Invest, a popular crypto trader, indicates a high likelihood of a continuation to $0.000022 and $0.000025 in the coming weeks. However, sidelined investors should wait for a better entry. $PEPE is quickly approaching its macro 0.382 Fibonacci level at $0.00001417, which could prove to be a strong resistance. Moreover, its daily RSI has formed an ascending wedge — marked with Yellow in the Pepe price chart below — and could see a downtrend in the coming days. Furthermore, Pepe remains a beta play on Ethereum, which is also now facing strong resistance levels in its daily and weekly timeframes. Sidelined investors may therefore get a retest of the $0.0000118 – $0.000012 zone, which would offer an excellent buying opportunity. Experts Call Low-Cap Frog Coin “Mind of Pepe” The Next 100x Crypto Low-cap frog meme coins tend to show a strong correlation with Pepe. Unsurprisingly, smart money investors are hunting for beta bets on PEPE, which could deliver even more outsized returns. An Ethereum-based AI meme coin, Mind of Pepe (MIND), has emerged as an excellent investment. Its Pepe the Frog persona is just one of its many attractive features. The project is launching its AI agent on May 10th, which has created quite a buzz among potential investors. MIND of Pepe AI agent is coming to X — May 10th We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the... pic.twitter.com/rEuMsWKLu8 — MIND of Pepe (@MINDofPepe) April 23, 2025 MIND is even drawing in significant whale investment — just last week, a whale swapped 70 ETH for this new AI coin. Unlike Solana, the AI agent space is still a developing market on Ethereum. While the Virtuals Protocol has indicated the strong demand for ETH-based AI coins, few projects have managed to garner any real hype. That is, until now. Behind heavy whale investment, the MIND presale has already raised $9 million in its ICO, a sign of strong community support. Moreover, several prominent analysts and crypto influencers are calling it the next 100x crypto. With the MIND presale ending on May 31st, sidelined investors have one final opportunity to buy a low-cap AI coin before its launch — that too in the middle of a bull market. Visit Mind of Pepe Presale Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice. Source: https://cryptodaily.co.uk/2025/05/pepe-price-prediction-after-explosive-55-rally-time-to-buy-meme-coins-again
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