Pepe (PEPE) has rebounded over the past week, following a notable decline earlier this month, with gains of 13.5% recorded during this period. Today’s trading volumes have increased by 1%, reaching $780 million, which is nearly 22% of the token’s circulating market cap. Other leading meme coins like Dogecoin (DOGE) and Bonk (BONK) have also shown positive performance, with gains of 13.2% and 19.9% respectively in the last week. However, in the past 24 hours, Pepe (PEPE) has dipped by nearly 8% to $0.000008417.
The market recovery began last week when the Federal Reserve announced the possibility of two interest rate cuts this year despite concerns over potential inflation due to trade tensions. Additionally, the U.S. Securities and Exchange Commission (SEC) is advancing its plans to establish clear regulatory guidelines for digital assets. It has scheduled four roundtables over the next three months to gather input from industry experts on cryptocurrency regulation.
On the technical front, PEPE has encountered resistance at $0.00000900, but it remains on an upward trajectory. This pullback is typical as traders take profits after a three-day rally. The price made a higher high on the hourly chart, peaking at $0.00000930 before retracing. This indicates a willingness in the market to push PEPE higher. The $0.00000820 resistance could now serve as support to stabilize PEPE’s decline. A rebound from this level would reinforce a bullish outlook, with potential for the token to rise to $0.0000011 in the next upswing.
Beyond Pepe, other meme coins inspired by the same character, such as MIND of Pepe ($MIND), present attractive investment opportunities as the market recovers. MIND of Pepe ($MIND) has emerged as one of the top crypto presales this year, raising $7.67 million from investors in just over two months, demonstrating resilience amid market downturns. This project is poised to launch an AI agent designed to interact with users on social media platforms like X, providing $MIND holders with valuable market insights. The AI agent can also mint new meme coins, offering $MIND investors early access to these assets for maximum returns.
To purchase $MIND, visit the MIND of Pepe website and connect your wallet. You can exchange USDT or ETH for this token or use a bank card for the transaction.
