Kaito Pumps 14% After Airdrop, This AI PEPE ICO Heads For $7M

The KAITO price pumped over 14% in the last 24 hours to trade at $1.34 as of 9:47 p.m. EST as investors go long on the altcoin.

This increase in the KAITO price comes after top airdrop claimers quickly sold off their tokens shortly after the token distribution event, which initially introduced a lot of sell pressure on the crypto’s price.

KAITO Price Reclaims A Key Support

15-minute chart for KAITO/USD (Source: GeckoTerminal)

The KAITO price was able to reclaim the support level at $1.3511 in the last hour, GeckoTerminal data shows. Should the crypto continue climbing, KAITO might try to rise to as high as $1.5171 in the short term. 

However, a sudden sell off or bearish change in trend could lead to the KAITO price falling below the recently-breached $1.3511 support. Continued sell pressure should the crypto fall below this point might then lead to a test of the $1.2404 support and a potential plunge to as low as $1.0559.

Technicals Suggest The KAITO Price Might Keep Climbing 

From a technical standpoint, indicators on KAITO’s 15-minute chart suggest the crypto’s price might climb in the coming few hours. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators are showing early bullish signs.

RSI readings have started to climb again following a steep drop from 79 to 41. While the initial decrease in the indicator’s values suggested increasing sellers strength, the recent uptick in readings could be seen as a sign that bulls are trying to take control of the KAITO price. 

What’s more, the RSI reading on the 15-minute chart is just below the neutral 50 mark at 45. This means that there is a possibility that the RSI could rise above 50 in the next couple of hours, which might confirm that buyers are back in control.

Meanwhile, the MACD line has risen towards the MACD Signal line in the last 2 hours. This narrowing gap between the two technical indicators could be an early indication that KAITO’s bearish trend is nearing its end. The MACD line crossing above the MACD Signal line could be seen as a positive development by traders, which might trigger a wave of buy orders.

As KAITO tries to keep its bullish move going, investors are rushing to buy a new AI meme coin called MIND of Pepe (MIND) for gains. According to 99Bitcoins, a popular crypto YouTube channel with more than 721K subscribers, MIND could surge 20X on launch.

Merging AI With The Booming Meme Coin Sector

MIND of Pepe is the first AI derivative of a major meme coin brand. PEPE-themed tokens have performed exceptionally well in both the presale and post-presalle stages, with Wall Street Pepe (WEPE) and Pepe Unchained (PEPU) raising millions of dollars through their respective ICOs and soaring in the open market after their launches.

MIND of Pepe seeks to capitalize on the hype around frog-themed tokens. What’s more, the project blends the emerging AI Agent crypto space with the booming meme coin sector, and introduces a sophisticated AI. This intelligent, self-evolving computer model is able to spot developing trends in the crypto space online through hive-mind analysis.

If the AI agent identifies a trend that could lead to profitable trade opportunities, it notifies the MIND of Pepe community through token-gated groups before the rest of the market catches on, giving MIND holders a major advantage.

In addition to looking for new trends, MIND of Pepe’s AI agent can also actively engage with Web3 community members on social platforms such as X, Discord and others to steer the narrative. It can even launch its own tokens to capitalize on early trends, and gives MIND holders first buy-in.

Investors Bet Big On MIND’s Future

MIND of Pepe’s appeal to both AI and meme coin investors has led to the project raising over $6.6 million through its ongoing presale so far. Besides the fact that it is the first AI derivative of the PEPE brand and that it introduces a sophisticated AI agent, there is also an attractive presale staking opportunity that might be pulling buyers in at this early stage.

Anyone who purchases and stakes MIND tokens now can unlock a 343% APY. To get in on these rewards, investors first need to buy the meme coin through the simple buy widget embedded on the project’s website. Selling for $0.0033722, MIND can be bought with either ETH, USDT, BNB or bank card.

After acquiring some MIND, investors will then just need to lock up their tokens through the staking page on the website to start earning.

Purchase MIND on its official website here.

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