Pepe Explodes 43%, Overtakes Dogecoin Trading Volume but this New Meme Coin Can Net Bigger Gains

By: coin central|2025/05/09 19:30:13
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Pepe is on fire and one of the biggest winners as the crypto market has seen a massive rebound over the past day.Ethereum has soared over 23% to around $2,400, but it’s meme coins that have seen the biggest gains. Pepe has pumped 43%, with the likes of Brett, Fartcoin, and Dogwifhat also seeing significant gains.Pepe has also overtaken leading meme coin Dogecoin in 24 hour trading volume, seeing a volume of $3.2bn compared to DOGE’s $2.5bn.Pepe looks set for even more gains as positive sentiment returns to the market, while the new meme coin MIND of Pepe is also showing bullish potential.Pepe Emerges as Top Ethereum BetaEthereum has just reached a two-month high by surging 16% in the last 24 hours. Yet, Pepe investors are making the biggest gains.Pepe has long been known as an Ethereum beta. It typically follows Ethereum’s trajectory, except with more volatile swings.In bullish periods, that’s good news for Pepe holders – and right now, we’re in one of the most bullish periods of the past year – Ethereum is forming its strongest weekly candle since November 2024.Thanks to Ethereum’s strength, its ecosystem tokens are soaring. Ethena is up 13%, Arbitrum is up 10%, and Lido DAO is up 16%. However, Pepe’s 43% rise makes it one of the highest gainers, underlining its star power.Ethereum’s strength comes amidst a broader market rally and an ecosystem-specific renaissance as the Pectra upgrade goes live. Many call Pectra the biggest ecosystem upgrade since The Merge, with modifications to everything from wallet capabilities to staking mechanics.The upgrade has also made Ethereum deflationary again, meaning tokens are being burned at a faster rate than they’re being created. This reduces market supply and means incoming demand can better impact the price.All of this creates an exciting outlook for Ethereum, and, by extension, Pepe.Pepe Tipped to Follow Dogecoin 2021 Fractal – Big Gains Ahead?Pepe is the largest meme coin to emerge in this current market cycle and also the second-largest meme coin on Ethereum, following Shiba Inu.Given its position as this cycle market-leading meme coin, some analysts compare Pepe to Dogecoin.One trader who goes by Rexha noted that Dogecoin rallied to a $13 billion market cap last cycle before retracing to $5 billion and ultimately soaring to its infamous all-time high, marking well over a 10x gain from the dip.He highlighted that Pepe is following a similar trajectory, the only difference being increased volatility due to its November Coinbase listing.However, Pepe is back on the Dogecoin fractal path, suggesting it could see an explosive run in the coming months.The timing is perfect.Everything lines up.Doge went to 13b then down to 5b before RIPPING to 100bAccumulation takes TIME.That time has passed.We are ready to moon frens the moment we waited so long for is here.$PEPE https://t.co/i61hjxb7gw pic.twitter.com/PkfJFTvOpx— Rexha (@RexhaRexhaRexha) May 8, 2025Indeed, this would align with the favorable conditions across the crypto market. Ethereum looks strong due to its recent Pectra upgrade, and the broader crypto market appears poised for further growth due to improving regulatory and macroeconomic conditions.Pepe has been a top performer today, suggesting that it could continue to rise as the market advances. However, experts are tipping AI-powered Pepe alternative MIND of Pepe for more substantial gains.Could MIND of Pepe Pump Even Higher? New Meme Coin Predicted to 100XThe only cryptocurrency that definitively outperformed Pepe today is Virtuals Protocol, an AI agent launchpad.So what happens when you combine the AI agent niche with Pepe? Indeed, it would create an immense growth opportunity.With that said, MIND of Pepe could prove one of the best Pepe alternatives to buy right now. It’s a Pepe-themed AI agent, combining Pepe’s viral allure with market-shaking AI utility.The agent can scan the crypto market to identify trading opportunities, and if it can’t find any, then it can simply launch its own crypto projects.$MIND holders will get exclusive access to the agent’s trend analysis and insider information on the token launches, ensuring they get the best possible entry prices.The project is currently undergoing a presale, which has raised $8.9 million so far, showing massive market appeal.MINd of Pepe is also drawing considerable attention from analysts, with Alessandro de Crypto recently suggesting it could see 100X gains.However, the presale will end in 30 days, and then $MIND will list on the open market.As such, potential investors shouldn’t wait around to get involved.Visit MIND of Pepe PresaleThe post Pepe Explodes 43%, Overtakes Dogecoin Trading Volume but this New Meme Coin Can Net Bigger Gains appeared first on CoinCentral.

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Before using Musk's "Western WeChat" X Chat, you need to understand these three questions

The X Chat will be available for download on the App Store this Friday. The media has already covered the feature list, including self-destructing messages, screenshot prevention, 481-person group chats, Grok integration, and registration without a phone number, positioning it as the "Western WeChat." However, there are three questions that have hardly been addressed in any reports.


There is a sentence on X's official help page that is still hanging there: "If malicious insiders or X itself cause encrypted conversations to be exposed through legal processes, both the sender and receiver will be completely unaware."


Question One: Is this encryption the same as Signal's encryption?


No. The difference lies in where the keys are stored.


In Signal's end-to-end encryption, the keys never leave your device. X, the court, or any external party does not hold your keys. Signal's servers have nothing to decrypt your messages; even if they were subpoenaed, they could only provide registration timestamps and last connection times, as evidenced by past subpoena records.


X Chat uses the Juicebox protocol. This solution divides the key into three parts, each stored on three servers operated by X. When recovering the key with a PIN code, the system retrieves these three shards from X's servers and recombines them. No matter how complex the PIN code is, X is the actual custodian of the key, not the user.


This is the technical background of the "help page sentence": because the key is on X's servers, X has the ability to respond to legal processes without the user's knowledge. Signal does not have this capability, not because of policy, but because it simply does not have the key.


The following illustration compares the security mechanisms of Signal, WhatsApp, Telegram, and X Chat along six dimensions. X Chat is the only one of the four where the platform holds the key and the only one without Forward Secrecy.


The significance of Forward Secrecy is that even if a key is compromised at a certain point in time, historical messages cannot be decrypted because each message has a unique key. Signal's Double Ratchet protocol automatically updates the key after each message, a mechanism lacking in X Chat.


After analyzing the X Chat architecture in June 2025, Johns Hopkins University cryptology professor Matthew Green commented, "If we judge XChat as an end-to-end encryption scheme, this seems like a pretty game-over type of vulnerability." He later added, "I would not trust this any more than I trust current unencrypted DMs."


From a September 2025 TechCrunch report to being live in April 2026, this architecture saw no changes.


In a February 9, 2026 tweet, Musk pledged to undergo rigorous security tests of X Chat before its launch on X Chat and to open source all the code.



As of the April 17 launch date, no independent third-party audit has been completed, there is no official code repository on GitHub, the App Store's privacy label reveals X Chat collects five or more categories of data including location, contact info, and search history, directly contradicting the marketing claim of "No Ads, No Trackers."


Issue 2: Does Grok know what you're messaging in private?


Not continuous monitoring, but a clear access point.


For every message on X Chat, users can long-press and select "Ask Grok." When this button is clicked, the message is delivered to Grok in plaintext, transitioning from encrypted to unencrypted at this stage.


This design is not a vulnerability but a feature. However, X Chat's privacy policy does not state whether this plaintext data will be used for Grok's model training or if Grok will store this conversation content. By actively clicking "Ask Grok," users are voluntarily removing the encryption protection of that message.


There is also a structural issue: How quickly will this button shift from an "optional feature" to a "default habit"? The higher the quality of Grok's replies, the more frequently users will rely on it, leading to an increase in the proportion of messages flowing out of encryption protection. The actual encryption strength of X Chat, in the long run, depends not only on the design of the Juicebox protocol but also on the frequency of user clicks on "Ask Grok."


Issue 3: Why is there no Android version?


X Chat's initial release only supports iOS, with the Android version simply stating "coming soon" without a timeline.


In the global smartphone market, Android holds about 73%, while iOS holds about 27% (IDC/Statista, 2025). Of WhatsApp's 3.14 billion monthly active users, 73% are on Android (according to Demand Sage). In India, WhatsApp covers 854 million users, with over 95% Android penetration. In Brazil, there are 148 million users, with 81% on Android, and in Indonesia, there are 112 million users, with 87% on Android.



WhatsApp's dominance in the global communication market is built on Android. Signal, with a monthly active user base of around 85 million, also relies mainly on privacy-conscious users in Android-dominant countries.


X Chat circumvented this battlefield, with two possible interpretations. One is technical debt; X Chat is built with Rust, and achieving cross-platform support is not easy, so prioritizing iOS may be an engineering constraint. The other is a strategic choice; with iOS holding a market share of nearly 55% in the U.S., X's core user base being in the U.S., prioritizing iOS means focusing on their core user base rather than engaging in direct competition with Android-dominated emerging markets and WhatsApp.


These two interpretations are not mutually exclusive, leading to the same result: X Chat's debut saw it willingly forfeit 73% of the global smartphone user base.


Elon Musk's "Super App"


This matter has been described by some: X Chat, along with X Money and Grok, forms a trifecta creating a closed-loop data system parallel to the existing infrastructure, similar in concept to the WeChat ecosystem. This assessment is not new, but with X Chat's launch, it's worth revisiting the schematic.



X Chat generates communication metadata, including information on who is talking to whom, for how long, and how frequently. This data flows into X's identity system. Part of the message content goes through the Ask Grok feature and enters Grok's processing chain. Financial transactions are handled by X Money: external public testing was completed in March, opening to the public in April, enabling fiat peer-to-peer transfers via Visa Direct. A senior Fireblocks executive confirmed plans for cryptocurrency payments to go live by the end of the year, holding money transmitter licenses in over 40 U.S. states currently.


Every WeChat feature operates within China's regulatory framework. Musk's system operates within Western regulatory frameworks, but he also serves as the head of the Department of Government Efficiency (DOGE). This is not a WeChat replica; it is a reenactment of the same logic under different political conditions.


The difference is that WeChat has never explicitly claimed to be "end-to-end encrypted" on its main interface, whereas X Chat does. "End-to-end encryption" in user perception means that no one, not even the platform, can see your messages. X Chat's architectural design does not meet this user expectation, but it uses this term.


X Chat consolidates the three data lines of "who this person is, who they are talking to, and where their money comes from and goes to" in one company's hands.


The help page sentence has never been just technical instructions.


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