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The Floki price soared 16% in the last 24 hours to trade at $0.0001197 as of 7:02 a.m. EST on trading volume that surged 51% to $331 million.
This comes as the US and China agreed on Monday to dramatically roll back tariffs on each other’s imports for an initial 90-day period.
Both sides will move their tariffs down 115%. That would mean the US levy on Chinese imports will be reduced to 30% from 145% by Wednesday, while Beijing’s tariffs on US goods will drop to 10% from 125%.
Breaking News 🚨🚨
US-China trade deal terms are now out.
The US will lower tariffs on Chinese goods to 30% for 3 months.
China will lower tariffs on US goods to 10% for 3 months. pic.twitter.com/Abxj86QJGQ
— Cas Abbé (@cas_abbe) May 12, 2025
The Dow Jones Industrial Average and S&P 500 futures are up roughly 2.2% and 2.8%, respectively, and Nasdaq futures surged 3.8%.
The meme coin sector jumped 3.1% to reach a market capitalization of $83 billion in the last 24 hours, according to CoinGecko.
Floki Price Breaks The Cup And Handle Pattern, Signals A 46% Surge
The FLOKI price is currently in a strong bullish phase, marked by a notable breakout from a well-formed cup and handle pattern on the daily chart.
This pattern, typically a continuation signal, has completed with a decisive move above the handle’s resistance zone, suggesting renewed bullish momentum. The Floki price has surged over 15% on the breakout day alone, breaking through a key resistance area near $0.00010000.
Meanwhile, the 50-day Simple Moving Average (SMA) has started to turn upward and currently sits at $0.00006908, while the 200-day SMA is positioned higher at $0.00013034.
The Relative Strength Index (RSI) is at 75.40, placing the market in overbought territory. While this suggests strong momentum, it also raises the possibility of short-term profit-taking.
Moreover, the Moving Average Convergence Divergence (MACD) shows a bullish crossover with the MACD line (blue) above both the signal line (orange) and the zero line, supporting continued upward momentum.
Based on the breakout from the cup and handle pattern and current technical momentum, FLOKI is likely targeting the next resistance zone near 0.0001747, representing a potential 46% upside from the breakout level.
FLOKI/USDT Chart Analysis (Tradingview)
Conversely, the $0.00009095 level acts as a cushion against downward pressure in case of a pullback.
Meanwhile, traders are rushing to buy a new AI agent crypto carrying the PEPE brand that’s called MIND of Pepe (MIND). It has less than 19 days left in its presale.
99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says MIND has the potential to soar 100X after its launch.
MIND Of Pepe Presale Amasses Over $9 Million – Only 18 Days Left To Buy
MIND of Pepe is a self-evolving artificial intelligence (AI) agent that has captured the attention of the crypto community as it soars toward $9.5 million in early-stage funding.
It is a groundbreaking project that combines advanced AI with blockchain technology to redefine how traders navigate the complex cryptocurrency market. Built on the Ethereum blockchain, the project’s AI agent is capable of learning, analyzing, and interacting autonomously online.
One standout feature is its ability to detect emerging trends in the Web3 space, especially on social media platforms like ‘Crypto Twitter’, before they gain widespread recognition.
MIND of Pepe’s AI agent goes beyond passive observation; it also actively interacts with key individuals, platforms, and communities shaping the market, delivering its insights directly to MIND holders through token-gated groups.
That’s why analysts say it has the potential to do for crypto what ChatGPT and Grok are doing for research and content generation – opening up a whole new world of possibilities.
The team launched its AI agent on May 10, offering the Web3 community an early glimpse of the advanced new model.
MIND is a purpose-built intelligence system that ingests and cross-validates real-time data from across the crypto landscape.
The @MIND_agent is now live. Here are its components:
◉Persona-trained LLM for crypto-native communication
◎Semantic vector matching for context-aware… pic.twitter.com/P6R5DbC4uB— MIND of Pepe (@MINDofPepe) May 10, 2025
MIND holders also have the opportunity to stake their tokens for a stratospheric 249% annual percentage yield (APY).
Currently, MIND tokens are priced at $0.0037515 and can be bought with either crypto or bank cards.
Interested investors should buy MIND before the presale ends in a little more than 18 days.
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