PEPE-Themed AI Project MIND of Pepe Nears Presale Deadline with $10M Raised
The meme coin market is buzzing with excitement as MIND of Pepe, a Pepe-themed AI agent project, approaches the end of its presale phase. Having already raised over $10 million, the project is drawing significant investor interest ahead of an anticipated price surge. With just four days left before the presale concludes, the crypto community is closely watching this viral contender among the top meme coins of the summer.
5 Best Meme Coins to Buy That Could Go Viral This Summer
Meme coins continue to dominate the crypto narrative, thriving on viral attention and speculative momentum. The latest standout is MIND of Pepe, a Pepe-themed AI agent project that has already raised over $10 million in its ongoing presale. With the presale ending in four days, investors are rushing to secure positions before an anticipated price surge.
The meme coin market operates on a simple premise: viral traction drives valuation. Recent examples like Moo Deng’s 10x monthly rally demonstrate the explosive potential of these assets. Projects leveraging pop culture motifs—particularly Pepe the Frog—are gaining disproportionate mindshare among retail traders.
ZachXBT Accuses Hyperliquid Trader James Wynn of Memecoin Pump-and-Dump Hypocrisy
Cryptocurrency investigator ZachXBT has publicly challenged Hyperliquid trader James Wynn over alleged involvement in memecoin pump-and-dump schemes. The accusation follows Wynn’s recent warning about a fraudulent token using his name, which he claimed had generated $4.3 million in volume with a $495,000 market cap.
Wynn had distanced himself from all memecoins except $MOONPIG and $PEPE, labeling others as scams. ZachXBT’s rebuttal cited Wynn’s purported history of promoting similar schemes, referencing a 2024 exposé about the BabyPepe project. The confrontation highlights ongoing tensions around memecoin legitimacy in crypto markets.
PEPE Faces Bearish Reversal Amid Whale Profit-Taking
Pepe, the frog-themed meme coin, is teetering on the edge of a bearish reversal as on-chain whale activity signals profit-taking. Trading between key Fibonacci levels of $0.00001227 (50%) and $0.00001470 (61.80%), PEPE’s bullish momentum shows signs of fading. A golden cross between the 50-day and 200-day EMAs had initially hinted at a trend reversal, but the MACD’s bearish crossover now suggests a pullback toward $0.000010.
Whale transactions have surged, compounding downside risks. A break above the 61.80% Fibonacci level could reignite bullish momentum, targeting $0.00001903. However, the meme coin sector’s broader weakness leaves PEPE vulnerable to deeper corrections.