{"id":623884,"date":"2025-02-04T07:36:26","date_gmt":"2025-02-04T07:36:26","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=623884"},"modified":"2025-02-04T07:36:26","modified_gmt":"2025-02-04T07:36:26","slug":"ethereum-price-prediction-eth-soars-10-as-this-ai-pepe-derivative-ico-closes-on-5-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/ethereum-price-prediction-eth-soars-10-as-this-ai-pepe-derivative-ico-closes-on-5-million","title":{"rendered":"Ethereum Price Soars 10% As Eric Trump Urges Followers To Buy ETH, While This AI Pepe Derivative ICO Closes On $5M"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Ethereum price soared 10% in the last 24 hours to trade at $2,831 as of 11:21 p.m. EST on trading volume that plunged 18% to $63.7 billion.<\/span><\/p>\n<p>The ETH price surge came after Eric Trump told his 5.4 million followers on X to buy the biggest altcoin by market capitalization.<\/p>\n<p>&ldquo;In my opinion, it&rsquo;s a great time to add $ETH,&rdquo; said Trump, who is US President Donald Trump&rsquo;s son. &ldquo;You can thank me later.&rdquo; He later removed the second part of his comment.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">In my opinion, it&rsquo;s a great time to add <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ETH<\/a>.<\/p>\n<p>&mdash; Eric Trump (@EricTrump) <a href=\"https:\/\/twitter.com\/EricTrump\/status\/1886541132903133230?ref_src=twsrc%5Etfw\">February 3, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">The Trump family&rsquo;s World Liberty Financial has recently bought ETH. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">ETH&rsquo;s pump comes as the overall crypto market cap rebounded 7% in the last 24 hours to reach $3.4 trillion, according to <\/span><a href=\"https:\/\/www.coingecko.com\/\"><span style=\"font-weight: 400;\">Coingecko<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><b>Ethereum Price Aims For Recovery<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/www.coingecko.com\/en\/coins\/ethereum\"><span style=\"font-weight: 400;\">ETH price<\/span><\/a><span style=\"font-weight: 400;\"> has experienced a sharp sell-off, dropping significantly below key support levels before bouncing back. The recent downward move saw the Ethereum price break below the crucial support zone, which previously acted as a strong price floor.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After hitting a low near $2,500, ETH has shown a recovery, currently trading around $2,831.81, according to <\/span><a href=\"https:\/\/www.geckoterminal.com\/bsc\/pools\/0xbe141893e4c6ad9272e8c04bab7e6a10604501a5\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\"> data.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, despite this bounce, the price of Ethereum remains well below both the 50-day and 200-day Simple Moving Averages (SMAs), indicating continued bearish dominance. Additionally, the price of ETH is now facing resistance near the $3,000 &ndash; $3,100 zone, a level that previously acted as support but has now turned into resistance.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is currently at 42.28, which is below the neutral 50 level. While not in oversold territory, it indicates weak momentum, suggesting that ETH lacks strong buying pressure.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the RSI has bounced from oversold levels, which may indicate a short-term recovery attempt.<\/span><\/p>\n<figure id=\"attachment_623886\" aria-describedby=\"caption-attachment-623886\" style=\"width: 1638px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-623886\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36.png\" alt=\"Ethereum Price Chart Analysis Source: GeckoTerminal\" width=\"1638\" height=\"666\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36.png 1638w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36-300x122.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36-1024x416.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36-768x312.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/ETH_2025-02-04_07-21-36-1536x625.png 1536w\" sizes=\"(max-width: 1638px) 100vw, 1638px\"><figcaption id=\"caption-attachment-623886\" class=\"wp-caption-text\">ETH\/USDT Chart Analysis Source: GeckoTerminal<\/figcaption><\/figure>\n<h2><b>ETH Price Prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Ethereum&rsquo;s price action remains in a bearish phase but shows signs of a recovery as it climbs toward the lower boundary of the sideways pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The breakdown below the key $3,000 support suggests further downside risk. If ETH fails to reclaim the $3,000 &ndash; $3,100 zone, it could face another sell-off, potentially retesting the $2,500 &ndash; $2,600 area.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">On the bullish side, a decisive move above the 50-day SMA ($3,099.55) could signal a trend reversal, opening the door for a retest of the $3,300 &ndash; $3,400 resistance zone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Ethereum price surges, investors are also snapping up a new AI agency crypto ICO called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">MIND of Pepe (MIND)<\/span><\/a><span style=\"font-weight: 400;\">, which 99Bitcoins, a popular crypto channel on YouTube with over 724K subscribers, says has the potential to soar 20X after its launch.<\/span><\/p>\n<p><iframe title=\"Mind Of Pepe Combines The Best Of Meme Coins With AI Agents! Huge 20x Potential!?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/RFWgQrus1Y8?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2><b>MIND Of Pepe Presale Amasses Over $4.9M &ndash; Next Big Crypto?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">MIND of Pepe is a pioneering crypto project that is the first AI derivative of a major meme coin brand. It offers AI-driven opportunities for its native token holders and engages with the crypto community in a new way.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The project has attracted a huge following, with its presale closing on the $5 million milestone.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Unsurprisingly, it has already been added to the &ldquo;Upcoming Tokens&rdquo; list on <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwallet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Best Wallet (BEST)<\/span><\/a><span style=\"font-weight: 400;\">, a platform known for unearthing early red-hot tokens like <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Pepe Unchained (PEPU)<\/span><\/a><span style=\"font-weight: 400;\"> and <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/catslap\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Catslap (SLAP)<\/span><\/a><span style=\"font-weight: 400;\">, both of which experienced exponential rallies after their launch.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> is Now Live in Upcoming Tokens! &#128680;<a href=\"https:\/\/twitter.com\/MINDofPepe?ref_src=twsrc%5Etfw\">@MINDofPepe<\/a> leverages the power of AI to help users identify new trends and exciting opportunities. The self-evolving AI agent interacts across platforms to deliver real-time updates.<\/p>\n<p>Built on Ethereum, <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> offers holders exclusive&hellip; <a href=\"https:\/\/t.co\/uyXFpYka5p\">pic.twitter.com\/uyXFpYka5p<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1879134007696535587?ref_src=twsrc%5Etfw\">January 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">MIND of Pepe introduces an independent AI agent that builds its presence and shares its opinions across platforms like X, Discord, and Telegram.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This AI actively engages with audiences, and shares insights about meme coins. It also analyzes social media trends in real time and pinpoints successful strategies, discards ineffective ones, as well as adjusts its approach immediately. All that intelligence is shared with token holders.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Enter. <a href=\"https:\/\/twitter.com\/search?q=%24MIND&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MIND<\/a> <a href=\"https:\/\/t.co\/bim3P4Fz8N\">pic.twitter.com\/bim3P4Fz8N<\/a><\/p>\n<p>&mdash; MIND of Pepe (@MINDofPepe) <a href=\"https:\/\/twitter.com\/MINDofPepe\/status\/1886154213052539308?ref_src=twsrc%5Etfw\">February 2, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Currently, MIND tokens are priced at $0.0032532. Presale participants also have the opportunity to stake MIND and earn a huge annual return of 454%. These high rewards are made possible through the project&rsquo;s allocation of 15% of its token supply to staking rewards.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/mindofpepe\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Buy MIND here before a price hike in about 19 hours<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><strong>Related News<\/strong><\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/pepe-unchained-pump-pad-launch-sends-pepu-soaring-even-as-crypto-market-tumbles\"><span style=\"font-weight: 400;\">Pepe Unchained Pump Pad Launch Sends PEPU Soaring Even As Crypto Market Tumbles<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-btc-pumps-6-after-trump-pauses-new-tariffs-and-as-this-crypto-wallet-presale-surpasses-9-million\"><span style=\"font-weight: 400;\">BTC Pumps 6% After Trump Pauses Tariffs On Canada And Mexico<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/solana-price-prediction-sol-surges-15-as-this-layer-2-crypto-presale-hurtles-towards-18-million\"><span style=\"font-weight: 400;\">SOL Surges 15% As This Layer-2 Crypto Presale Hurtles Towards $18 Million<\/span><\/a><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Newest Meme Coin ICO - Wall Street Pepe<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n   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11:21 p.m. EST on trading volume that plunged 18% <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":622794,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-623884","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ethereum Price Soars 10% As This AI Pepe Rival ICO Nears $5M<\/title>\n<meta name=\"description\" content=\"The Ethereum price soared 10% in the last 24 hours as the crypto market rebounded and this new AI Pepe derivative closes on 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