Analyst predicts over 65% surge for PEPE
A well-known cryptocurrency analyst known by the pseudonym Bluntz expressed confidence in the upcoming altcoin market surge in a May 26, 2025, post on platform X (formerly Twitter). According to him, signs of a major bullish trend are evident — especially in the meme coin sector, where a potential explosive rally could unfold in the coming weeks.
"Everything points to the beginning of a full-fledged altcoin season. I'm trying not to jump the gun, but all the signs are there," he wrote.
PEPE poised for a +65% surge
Bluntz focused primarily on PEPE, a meme coin inspired by the internet frog meme. Using Elliott Wave Theory, the analyst concluded that the coin is amid a powerful bullish impulse. He noted that the current technical setup suggests a potential price increase of more than 65% from current levels.
According to CoinMarketCap, PEPE is trading around $0.00001405, showing an almost 10% gain over the past week. With a market cap exceeding $5.9 billion, the token ranks among the top 25 cryptocurrencies. Its daily trading volume surpasses $1.2 billion, indicating high liquidity and growing investor interest.
Dogecoin and FLOKI: activity soars
In addition to PEPE, Bluntz gave a positive outlook for Dogecoin and FLOKI. Regarding DOGE, the analyst mentioned that the chart might soon display the so-called "God candle" — a powerful bullish impulse that could start a price rally.
Dogecoin is currently trading at $0.2279. Over the past 7 days, the coin has gained 4.1%, and its market cap has surpassed $34 billion. DOGE remains in the top 10 digital assets, reflecting strong confidence from long-term holders.
Meanwhile, FLOKI is showing even stronger momentum. The token's price has risen 8.3% over the last seven days. According to Bluntz, FLOKI is in the middle of a five-wave growth pattern — a key concept of Elliott Wave Theory, where trends develop through alternating impulse and correction waves. He emphasized that the token is currently in wave three — the most powerful and extended phase — potentially paving the way for a doubling in price.
What's driving the growth of meme coins?
At the beginning of 2025, bullish sentiment returned in the crypto market. After a brief correction in April, Bitcoin climbed back above the $100,000 level, reaching a new all-time high of $111,980 in May. This milestone acted as a catalyst for capital to flow into altcoins, particularly higher-risk and more volatile assets like meme coins.
In addition to technical signals, several macroeconomic factors are also supporting the market:
- Declining inflation in the U.S. and Europe. According to the U.S. Bureau of Labor Statistics, annual inflation in April 2025 was 2.3%, the lowest since February 2021, driven by slower growth in food and energy prices. Eurostat data shows that inflation in the eurozone stabilized at 2.2% in April 2025, matching the previous month.
- Monetary policy: stable interest rates. At its May 2025 meeting, the U.S. Federal Reserve kept its federal funds rate target range at 4.25%–4.50%. The European Central Bank (ECB) cut its key interest rate by 25 basis points to 2.5% in April 2025 — the sixth reduction in the past year — to stimulate economic activity amid slowing growth.
- Rising institutional interest in cryptocurrencies and ETFs. Institutional investors continue to show growing interest in cryptocurrencies, particularly through exchange-traded funds (ETFs). According to ETF.com, total assets under management in U.S. crypto ETFs reached $100.32 billion. Bitcoin ETFs stand out, showing significant growth and attracting large-scale investors.
Another contributing factor to the meme coin surge has been the rise in social media mentions. According to LunarCrush data, discussions of PEPE, FLOKI, and DOGE on social networks have increased by 35–50% over the past week, indicating heightened engagement from retail investors.