Pepe Price Prediction: PEPE Plummets 16% In A Week As Investors Flock To This AI Meme Coin With 100X Potential

The Pepe price is down more than 16% on the weekly time frame following a 5% 24-hour drop to trade at $0.000007173 as of 10:17 p.m. EST as investors decrease their exposure to the crypto.

Despite the weekly and 24-hour drops, the PEPE price is still 6% in the green on the longer-term monthly time frame.

Pepe Price Loses A Key Support

4-hour chart for PEPE/USD (Source: GeckoTerminal)

The Pepe price lost the support level at $0.000007331 in the last few hours, data from GeckoTerminal shows. Now, the meme coin is hovering just above the next key support level at $0.000006963. Should PEPE fall below this level within the next 24 hours, it could plunge all the way down to $0.000006786.

However, if the Pepe price is able to stay above $0.000006963 for the next 12 hours, it could invalidate the bearish thesis. In a more bullish scenario, the meme coin might try to reclaim the aforementioned $0.000007331 level as support. Thereafter, continued pressure from buyers could end up pushing PEPE to as high as $0.000007812 in the short term.

Sellers Might Continue To Push The Pepe Price Down In The Short Term

Looking at technical indicators on the 4-hour chart, there are some warnings that suggest the Pepe price might keep dropping in the next few hours. More specifically, traders will want to keep an eye on the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) indicators.

Over the last 24 hours, RSI readings have fallen from above 50 to the mid 40s. This not only indicates a drop in buyer strength, as the current reading below the neutral 50 mark also signals a bearish shift in power that gives sellers an upper hand over buyers.

A major bearish technical flag is on the verge of being triggered by the MACD on the 4-hour chart as well, with the MACD line attempting to cross below the MACD Signal line. Should the former break below the latter, it could confirm that PEPE has entered a short-term negative trend. Traders might react to this technical event and increase their short positions on PEPE.

With PEPE technicals showing bearish warning signs, investors will likely turn their attention to the AI presale alternative MIND of Pepe (MIND) for gains. 

Experts are bullish on MIND. Among them is 99Bitcoins, a prominent YouTube channel with over 726K subscribers, who predicted that the meme coin could surge 100X after launch.

The First AI-Powered PEPE

An investor frenzy has erupted around frog meme coins in recent weeks, which has helped tokens like Wall Street Pepe (WEPE) and Pepe Unchained (PEPU) rise in the crypto market. Now, MIND of Pepe seeks to capitalize on this trend with unmatched levels of utility and introduces the first AI-powered Pepe the Frog.

At the core of the project is a sophisticated AI model that can analyse chatter on social platforms, including Crypto Twitter, to identify new trends in the market. Once it has identified an emerging trend that other traders have not caught onto yet, the project’s AI shares its insights with MIND holders through token-gated groups, giving them an edge in the market.

Not only can MIND of Pepe’s AI spot new trends, it can also create them by autonomously engaging with influencers and other members of the crypto community online to steer the market narrative. 

Additionally, the project can launch its own cryptos, hype them up, trade them, and reinvest the profits back into its native MIND token. It also gives MIND holders the chance at first buy in, positioning them for potential gains.

Investors Rush To Buy MIND At Presale Prices

MIND of Pepe is drawing investors in at a rapid pace through its ongoing presale, which has already raised over $7.8 million in early-stage funding. 

This buying frenzy is likely to continue given the attractive staking rewards on offer to anyone who buys and locks up MIND at this early stage. Investors who purchase and stake MIND now will gain access to a 288% APY.

To get in on these rewards, investors will first need to get a hold of some MIND via the easy-to-use buy widget embedded on the project’s website. Selling for $0.0036524, MIND can be bought with either ETH, BNB, USDC, USDT or bank card.

After getting a hold of some MIND, investors then just need to navigate to the staking page on the website and stake their tokens to start earning.

Interested investors will want to act fast in order to get the best deal, because MIND’s price will increase as its presale progresses. The next price hike is scheduled to take place in around 22 hours,

Check out MIND on its official website.

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