PancakeSwap Price Prediction: CAKE Soars 18% On Infinity Upgrade Incentives, But Traders FOMO Buy This AI Pepe ICO With Just 4 Days Left

The PancakeSwap price soared 18% in the last 24 hours to trade at $2.88 as of 5:10 a.m. EST on trading volume that skyrocketed 326% to $283.07 million.

The CAKE price is believed to have surged due to Infinity upgrade incentives. Recent reports have highlighted that traders have been increasingly incentivized to buy and hold CAKE in order to qualify for real-time fee discounts enabled by the newly integrated trustless hooks on PancakeSwap Infinity.

Thanks to the Brevis Hooks system, PancakeSwap Infinity will be able to offer personalized, dynamic trading fees that are fully enforced by on-chain logic, thus eliminating the need for staking. The incentives led to a significant surge in CAKE purchases, resulting in a 27% increase in the past seven days and a 41% rise over the last month.

PancakeSwap Price Prediction

The CAKE token’s sharpest increase has been observed in the last 24 hours, as its price skyrocketed from $2.39 to its current price of $2.88. The price surge pushed the project’s upper Bollinger Band higher, leading to a significant widening of the bands, which acted as a strong, bullish signal that encouraged many others to join in and purchase the token as it continued to rise.

In comparison to its current performance, the price action seen in the last several days has been nearly flat. However, traders should keep in mind that such rapid price boosts tend to be followed by an equally sharp correction once the hype passes.

CAKE/USDT chart analysis (Source: TradingView)

PancakeSwap’s Relative Strength Index (RSI) value has also seen overwhelmingly positive performance as traders continue to buy the CAKE token, pushing the RSI deeply into the overbought territory.

In the last 12 hours alone, the RSI value went from the edge of the oversold zone to the value of 85. The last six hours have seen it fluctuate between 85 and 70, suggesting that the traders who took profit and sold the coin were overwhelmed by continuous purchases. For now, CAKE is still managing to breach the resistances in its way, but traders should be prepared for a potential price drop, likely even before the token reaches the value of $3.

Promising Alternative To PancakeSwap

With PancakeSwap possibly at its limit, investors are turning to MIND of Pepe (MIND) — a project that combines meme coins and AI agents to create something unique and highly advanced. What’s more, while it spent months in presale, its ICO is now coming to a close, with less than four days remaining until its conclusion.

That has sparked a FOMO frenzy among buyers, who are rushing to buy the MIND token at a low price of $0.0037515, pouring over $10.7 million into the project’s ICO.

The project garnered considerable attention due to its innovative technology, which operates as a self-sovereign, real-time intelligence system capable of performing hive-mind analysis. It utilizes its autonomous Twitter account to monitor conversations across the platform and identify patterns that may suggest changes in the cryptocurrency industry.

This allows it to spot sentiment shifts and even the emergence of new trends long before even experienced professionals detect them. This information is then made exclusively available to the project’s token holders. Still, it can also be shared with influencers, who can highlight these changes, thereby shaping conversations and directing future developments across the industry.

Influential YouTube channel 99Bitcoins, which has over 723K subscribers, says the project has 100x growth potential. With the ICO about to end, this is the last chance for opportunity seekers to buy early, before MIND’s price potentially skyrockets.

If you would like to join investors who have already invested more than $10.7 million in MIND’s presale, buy before the ICO ends in under four days.

Visit the MIND website.

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