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The MyShell price pumped over 19% in the last 24 hours to trade at $0.6397 as of 9:54 p.m. EST as investors rush to buy the altcoin.
The surge in the SHELL price comes after Binance announced the addition of MyShell to its HODLer airdrops page yesterday. Just hours after the announcement, the crypto soared to a new all-time high or $0.6936, but has since retraced more than 10% to trade at its current level.
#Binance is excited to announce MyShell(SHELL) on HODLer Airdrops – @myshell_ai $SHELL
The Airdrop page will be available on the Binance Airdrop Portal in 12 hours. Plus, this token will be listed on Binance soon!
Find out more 👉https://t.co/dJ0EW7T72X pic.twitter.com/H2pB0ZBM1q
— Binance (@binance) February 27, 2025
MyShell Price Rebounds Off Of Support
1-hour chart for SHELL/USD (Source: GeckoTerminal)
The MyShell price rebounded off of the $0.5865 support and is attempting to overcome the resistance at $0.6250, data from GeckoTerminal data shows. Should the crypto close a 1-hour candle above this technical barrier within the next 4 hours, it could have the foundation needed to rise to the subsequent resistance at $0.6689.
On the other hand, a rejection from the $0.6250 barrier within the next couple of hours might lead to a more bearish scenario playing out. This could prompt traders to realize their profits from the altcoin’s recent surge, which might lead to the MyShell price dropping below the $0.6689 support to as low as $0.5444.
Technicals Suggest The MyShell Price Might Keep Rising Soon
From a technical perspective, indicators on SHELL’s 1-hour chart suggest the MyShell price might keep climbing in the coming few hours. More specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are showing bullish signs.
In the last couple of hours, RSI readings have started to climb again after dropping from 80 to 50. This recent uptick could signal growing buyer strength, with the current RSI value above 50 suggesting that buyers have the upper hand against sellers.
Meanwhile, the MACD line has started to rise towards the MACD Signal line recently as well. While the positioning of the MACD line below the MACD Signal line could be interpreted as an indication that the MyShell price is in a negative trend, the narrowing gap between the two technical indicators suggests a bullish reversal of the current trend may happen soon.
As the MyShell price looks to enter into another leg up, investors are also piling into the presale for a new AI Pepe called MIND of Pepe (MIND) for gains. According to 99Bitcoins, a popular crypto channel on YouTube that boasts over 725K subscribers, MIND has the potential to surge 20X on launch.
The First AI Derivative Of A Major Meme Coin Brand
An investor frenzy has erupted around meme coins in the last few months. This is especially true for frog-themed tokens, as seen with Wall Street Pepe (WEPE) and Pepe Unchained (PEPU), which both raised millions of dollars through their ICOs and went on to perform well in the market.
Looking to capitalize on the hype around meme coins and frog-themed tokens is MIND of Pepe. To maximize its chances of success, the project’s team have positioned MIND as the first AI derivative of the Pepe the Frog brand.
Central to the project is an AI agent that is capable of plugging into social platforms and identifying developing trends in the crypto space through hive-mind analysis. After spotting a trend that could lead to a profitable trade opportunity and that has not been caught by the rest of the market yet, the AI model shares its intelligence with the MIND of Pepe community.
Apart from looking out for new trends, the AI agent can also steer the narrative. With the capability to launch its own tokens autonomously and then hype them online by engaging with influencers and other Web3 community members, MIND of Pepe’s AI agent could create many of the next 10X cryptos in the market.
Before it makes the public aware of its new tokens, the AI agent gives MIND holders the chance at first buy-in, allowing them to get in early before the tokens potentially take off.
MIND Of Pepe Presale Closes On $7 Million
Investors are rushing to buy MIND at presale prices, as evident by the more than $6.9 million the project has raised through its ongoing presale so far.
Anyone that wants to participate in the ICO can buy MIND through the simple widget embedded on the project’s website. Selling for $0.0034128, MIND can be purchased with either ETH, USDT, BNB, USDC or bank card.
After purchasing MIND, investors can also stake their tokens for an attractive 327% APY. However, interested investors who want to lock in the best deal will want to act fast, because MIND’s price will undergo a presale price increase in less than 23 hours.
Visit the MIND of Pepe website here.
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