AI-Driven Pepe Coin Presale Surges 7%, Sparking Interest Among Investors in Remaining 25 Days of Pre-Sale Period for Pudgy Penguins' Competitor
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Pudgy Penguins have experienced quite the rollercoaster ride, with its price surging over 7% in the last 24 hours, reaching $0.01130 as of 10:16 p.m. EST. But even with the recent surge, the PENGU price remains down 2% over the past week.
Pudgy Penguins Price Bounces Back at Key Support
The daily chart reveals that Pudgy Penguins rebounded from a critical support level at $0.01039, as highlighted in data from GeckoTerminal. Now, it's aiming for the next resistance level at $0.01220. If it succeeds, the crypto might surge even higher to $0.01485 in the short term.
But watch out for a possible selloff due to profit-taking or a shift in momentum. In that scenario, the crypto could plummet below the $0.01039 support. With continued pressure from sellers, the price might slide as low as $0.00820.
Technical Indicators Suggest Short-term Pullback
From a technical perspective, preliminary readings suggest that the Pudgy Penguins price might slide within the next 24 hours. Focus on the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI).
Recently, the MACD line has been sliding towards the MACD Signal line. The shrinking gap between the two technical indicators hints that the crypto's bullish momentum might decrease. If the MACD line drops below the Signal line soon, it could confirm a bearish trend for Pudgy Penguins.
Meanwhile, the RSI has leveled off around the low 60s, which is bullish but suggests there's room for bears to step in and weaken the meme coin's price.
In the Meme-tion, MIND of Pepe Makes a Splash!
As Pudgy Penguins continues its ride, investors are also jumping into a new meme coin rival: MIND of Pepe (MIND). According to YouTube channel 99Bitcoins with over 725K subscribers, MIND has the potential for a 10X surge post-launch.
The AI Token Takes Aim at Top Frog Meme Coin Crown
With third-ranked meme coin Pepe (PEPE) climbing the charts by market cap, but with limited utility, it leaves the door wide open for a new token to take the throne. MIND is poised to challenge Pepe by introducing an advanced AI agent that monitors real-time crypto market trends and uses that intel to give MIND holders an edge.
MIND's AI can also actively contribute to market narrative dynamics. For example, it can produce new tokens, create hype, trade them, and reinvest the earnings back into the MIND token. Meanwhile, token-gated groups allow early access for MIND holders to these valuable insights.
The AI agent is set to go live on May 10, providing investors just a few days to capitalize on its offerings. Interested crypto enthusiasts can secure their spot in this ground-level meme coin by purchasing MIND using the widget on the project's website.
Learn more about MIND of Pepe
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- Despite the recent surge of Pudgy Penguins, reaching $0.01130, the crypto's price remains down 2% from its average over the past week.
- The Pudgy Penguins price is currently aiming for the next resistance level at $0.01220, but a selloff due to profit-taking or a shift in momentum could cause it to plummet below the critical support level of $0.01039.
- In the realm of meme coins, MIND of Pepe is making waves, with potential for a 10X surge post-launch, according to YouTube channel 99Bitcoins.
- The AI-driven MIND token is positioning itself to challenge the top-ranked meme coin Pepe by introducing an advanced AI agent that monitors real-time crypto market trends and delivers valuable insights to its holders.
