Join Our Telegram channel to stay up to date on breaking news coverage
The New XAI Gork price plunged 30% in the last 24 hours to trade at $0.04370 as of 4:30 a.m. EST on trading volume that plunged 45% to $108 million.
Elon Musk caused another stir in the crypto market after changing his name on X to “gorklon rust,” which triggered a drastic rise in Gork-themed tokens on Monday. However, the drop in the GORK price comes as a result of this hype dying, with tokens like GORKLON plunging over 80% in the last 24 hours.
But what does this mean for the future trajectory of GORK?
New XAI Gork Price Could Still Recover
On the 1-hour chart for the GORK price, the asset has been consolidating within a wide Fibonacci retracement range after a sharp rally.
Currently trading around $0.04370, the New XAI Gork price has pulled back from its recent highs near $0.07 and is hovering near the 0.618 Fibonacci level ($0.03938), which often serves as a strong support in retracement setups, GeckoTerminal data shows.
The 50 Simple Moving Average (SMA) is positioned above the current GORK price at $0.05589, reflecting recent bearish momentum as the price remains below this dynamic resistance.
Meanwhile, the Relative Strength Index (RSI) is currently at 34.56, nearing oversold territory. This suggests bearish pressure may be exhausting, increasing the likelihood of a rebound, particularly if the price of GORK holds above the key 0.618 level.
Given the RSI nearing oversold and the proximity to a strong Fibonacci support level, a short-term rebound toward the $0.062–$0.07 range appears plausible if bullish volume returns.
However, failure to hold above $0.039 could trigger a deeper retracement toward the 0.786 level ($0.022).
Meanwhile, investors are also rushing to buy a new AI agent crypto that carries the Pepe the Frog brand called MIND of Pepe (MIND).
99Bitcoins, a popular crypto channel on YouTube with over 725K subscribers, says MIND has the potential to soar 100X after its launch.
MIND Of Pepe Presale Nearing The $9 Million Mark – 25 Days Left To Buy
MIND of Pepe has quickly gained attention, raising over $8.78 million through its presale.
Unlike regular meme coins, MIND features an AI agent that analyzes market trends and provides crypto insights. It then shares its insights with MIND holders through token-gated groups, giving them an edge over non-holders in the market.
This AI agent is also designed to deploy its tokens, trade them, advertise them, sell them for profit, and reinvest the earnings into its native token, MIND. Before it does any of this, it gives MIND holders the opportunity to buy early, setting them up for potential parabolic gains if the tokens gain traction.
Recently, the MIND of Pepe team officially revealed that its autonomous AI agent will launch on X on May 10.
MIND of Pepe AI agent is coming to X — May 10th 🔥
We’re proud to announce that MIND of Pepe, our autonomous AI agent, goes live on May 10th.
This isn’t a trading bot. MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the… pic.twitter.com/rEuMsWKLu8
— MIND of Pepe (@MINDofPepe) April 23, 2025
MIND holders also have the opportunity to stake their tokens for a stratospheric 259% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0037515 and can be bought with either crypto or bank cards via the easy-to-use widget embedded on the project’s website.
Interested investors will want to act fast because MIND’s presale will end in around 25 days.
Visit the MIND of Pepe website.
Related News:
- Strategy, Semler And BlackRock Double Down On Bitcoin
- TRUMP Plunges 23% In A Week As Investors Pivot To This $33.4M Solana Layer-2
- Trump Says “Crypto’s Important,” Wants To Keep It “Away From China”
Best Wallet - Diversify Your Crypto Portfolio
- Easy to Use, Feature-Driven Crypto Wallet
- Get Early Access to Upcoming Token ICOs
- Multi-Chain, Multi-Wallet, Non-Custodial
- Now On App Store, Google Play
- Stake To Earn Native Token $BEST
- 250,000+ Monthly Active Users
Join Our Telegram channel to stay up to date on breaking news coverage
