The USD/JPY currency pair has seen a significant rise, surpassing both the 155 and 156 levels, reaching up to 157.76, and is now approaching the 158 mark with a recent increase of 1.4%. This surge has captured the attention of traders and accounted for 60% of the trading volume on gTrade in the last 24 hours, where trading with up to 1000x leverage is offered. Speculation about potential market intervention is growing as the yen's value continues to decline sharply, with some market observers describing its performance as resembling that of a 'meme coin'.