Pepe remains up 74% this month despite the market being awash with red on Monday. So, will we see it pump to a new all-time high (ATH) in May?
Excitement is building, but smart traders are eyeing Pepe alternatives to yield bigger gains. One is called MIND of Pepe, and it’s approaching the landmark $10 million raised milestone in its presale.
Pepe Threatens Dogecoin, Shiba Inu With Monthly Strength
Pepe currently ranks third among meme coins behind Dogecoin and Shiba Inu, but it has drastically outperformed recently.
While Dogecoin regained strength over the past year, buoyed by Elon Musk taking the lead role at the Department of Government Efficiency (D.O.G.E.), Pepe is back on form this month.
It’s up 74% while Dogecoin has gained 36% and Shiba Inu has gained 15%.
Pepe’s relative strength suggests it’s favored in current market dynamics, signaling that it could keep rising faster if the market rally continues in the weeks and months ahead.
Currently, Pepe has a $5.4 billion market cap, while Shiba Inu’s is $8.2 billion. Provided $SHIB remains at its current level, Pepe requires a 51% price increase to catch up. According to crypto trader Mysons, that could happen before the end of May.
Pepe’s strength seriously threatens the meme coin hierarchy. Reflected by this month’s performance, investors are choosing to buy Pepe over other major meme coins.
If this continues, Pepe could certainly take second spot, or maybe even challenge Dogecoin for the meme coin throne before this cycle ends.
Expert Tips Pepe for 762% Gain as Price Rallies
Pepe is expected to rally throughout the remainder of May, but it’s unlikely to stop there. According to prominent analyst Crypto Patel, the frog-themed meme coin is primed for an uptick to $0.00011 this cycle, marking a 762% gain from its current price.
The analyst suggests that Pepe has recently created a bottom pattern formation inside a higher time frame uptrend.
He anticipates Pepe’s uptrend will breach the current all-time high (ATH) of $0.00002825 by June before a support retest, followed by its final uptick throughout Q3.
Interestingly, this closely aligns with the $50 billion price target numerous high-profile traders have been watching for months, if not years.
For example, Max Schwartzman, prominent meme coin analyst and CEO of Because Bitcoin, says that he has been eyeing a $50 billion Pepe for over 18 months.
But like many others, Shwartzman doesn’t expect the biggest gains to come from Pepe this year – he believes Pepe-related tokens will rise higher. Some of Schwarzman’s picks include Andy, Brett, and Wolf.
However, a new Pepe-themed meme coin has emerged called MIND of Pepe, and it’s equipped with its own AI agent. Experts think this AI integration provides $MIND with a clear edge.
MIND of Pepe Tipped to 100X as Presale Nears $10M
With innate AI utility, MIND of Pepe separates itself from other Pepe-themed meme coins on the market, laying the foundations for serious interest as the Pepe price rises.
MIND of Pepe has its own AI agent that scans the market for trading opportunities and shares them with $MIND holders. Based on the data it collects, it can also launch its own crypto projects, and $MIND holders will also get insider access to these.
Pepe investors will take profits and look for ways to compound their gains as the price rises. MIND of Pepe offers an opportune alternative because it’s not just an meme coin; it’s an AI-powered tool that helps traders navigate the market.
The project is undergoing a presale, which has raised $9.5 million so far. However, this will end in 12 days.
Given its early stage and strong use case, analysts are highly bullish. For instance, Umar Khan from 99Bitcoins said $MIND could give 100x gains.
MIND of Pepe stands out for its AI agent utility. This is drawing massive attention even before it has been listed on the open market. As such, $MIND appears well-positioned for big gains this year, especially if Pepe reaches the $50 billion market cap.
However, with the $MIND presale set to end soon, potential investors shouldn’t wait to get involved.
This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.
