Top Trader Opens PEPE Long Position as Trading Volume Soars 50%

On May 26, 2025 at 8:31 am UTC by · 4 mins read

PEPE has recorded a 50% jump in trading volume as popular trader James Wynn reopened a leveraged long position on PEPE using 10x leverage.

Meme coin PEPE PEPE $0.000007 24h volatility: 4.1% Market cap: $2.78 B Vol. 24h: $936.84 M is currently trading at around $0.00001428 after rising by around 4.3% in the last 24 hours. The token has also recorded a major surge in trading activity, with daily volume spiking nearly 50% to $1.59 billion, according to CoinMarketCap.

The renewed bullish momentum aligns with a high-profile move by crypto trader James Wynn, who has reopened a leveraged long position on PEPE using 10x leverage. Wynn previously netted over $26 million from a similar trade on HyperLiquid.

His latest position reflects growing confidence in the meme coin’s short-term trajectory. Wynn stated on X that his position is already at a $200,000 profit. He added that he is fighting the urge to go full degen and open a billion-dollar long.

PEPE had been consolidating below the $0.000010 level since mid-February. However, earlier this month, its price saw a 45% spike, breaking out of the selling pressure. In the last 30 days, the token has surged nearly 50%, adding over $2 billion to its market capitalization.

PEPE Price Outlook

On the 4-hour PEPE price chart, the RSI is sitting near 65, suggesting that the meme coin still has room for further upside. However, traders should watch for major resistance around $0.00001520.

PEPE price chart with RSI and Bollinger Bands | Source: TradingView

Bollinger Bands are widening, indicating a potential breakout continuation. The price is currently testing the upper band, which often leads to a short-term pullback or a breakout if volume confirms.

Meanwhile, the MACD shows a bullish crossover, with the MACD line now trending above the signal line. This supports the momentum toward further upside. However, a bearish divergence in the short term could result in a pullback.

PEPE price chart with MACD | Source: TradingView

Interestingly, PEPE appears to be forming a classic ascending triangle pattern on the 15-minute chart, with flat resistance near $0.00001435. If PEPE breaks above this resistance with volume, the price could rally toward$0.00001500.

Popular crypto trader Crypto Zeus suggested a bullish trajectory for PEPE, predicting new higher price zones for the cryptocurrency in the near future.


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🐸 Mind of Pepe (MIND) Presale Sparks Interest

While PEPE continues its upward trend, Mind of Pepe (MIND), another frog-themed project in its early stages, is rapidly gaining traction in the presale market.

Mind of Pepe offers a practical use case within the meme coin space. Unlike typical meme coins, this project is a self-evolving AI Agent designed to give holders exclusive access to reliable market insights and analysis.

MIND Token and Presale Details

The project’s foundation is its native ERC-20 cryptocurrency, MIND, which is currently available at a discounted price on presale. MIND token holders unlock access to the project’s dashboard, providing real-time insights and interactive engagement with the AI agent.

Token holders will also get early access to AI-driven token launches and, eventually, be able to participate in governance to influence the project’s future.

MIND staking is already live for long-term investors, currently offering an impressive 256% APY. With $10.4 million already raised, the community has locked up billions of MIND tokens.

Presale Details

  • Token price: $0.0037515
  • Funds raised: $10.4 million
  • Payment methods: ETH, USDT
  • Ticker: MIND
  • Built on: Ethereum
  • Community and staking rewards: 15% of the total token supply is set aside for community initiatives and crypto presale staking rewards.

The current presale phase will complete in five days, after which the team plans to increase the token price. Given the growing demand for AI agents in the crypto industry, Mind of Pepe presents a good opportunity for early investors.

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