Virtual Coin's Price Surge: VIRTUAL skyrockets 121% within a week, prompting investors to swiftly grab shares in this competitor's Initial Coin Offering before it's sold out.
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The price of Virtuals Protocol (VIRTUAL) has exploded by over 121% in the past week, trading at $1.65 as of 10:21 p.m. EST, following a minor 24-hour correction. This stellar performance has climbed VIRTUAL to the top spot as the week’s strongest performer.
The Virtuals Protocol Pauses at Resistance
(4-hour chart for VIRTUAL/USD, Source: GeckoTerminal)
The Virtuals Protocol price recently collided with a resistance level at $1.8003 within the last day, and is now retreating towards the nearest support level at $1.5176, according to GeckoTerminal data. If the crypto drops below this technical safeguard, it could potentially plummet to $1.3261.
However, bullish traders may view the current Virtuals Protocol price as a worthwhile buy opportunity, leading to a more optimistic outcome with a possible break above the $1.8003 mark. Subsequently, ongoing buyer pressure might propel the Virtuals Protocol price up to a high of $2.0738 in the short term.
Virtuals Protocol – A Bearish Trend Ahead?
Technically speaking, indicators on the 4-hour chart predict a potential drop for VIRTUAL within the next 24 hours. Specifically, the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) show bearish signs.
The MACD line is attempting to cross below the MACD Signal line, and a potential intersection would signal a major bearish technical flag, hinting at a new bearish trend for the Virtuals Protocol. Furthermore, the RSI readings have fallen following a decrease in buying strength over the past 24 hours. A lower reading, combined with the negative RSI line slope, suggests a continued bearish decline could be on the horizon.
While bearish signs have emerged for the Virtuals Protocol, investors are flocking to buy into the presale for a new AI-driven crypto challenger called MIND of Pepe (MIND). YouTube channel 99Bitcoins, boasting over 725K subscribers, forecasts MIND could surge up to 10X after its launch.
The First AI-Powered Pepe Token
MIND of Pepe aspires to capitalize on the frenzy around frog-themed tokens, particularly those inspired by Pepe the Frog. To amplify its chances of success and speed up market adoption, the project’s team have branded MIND as the first AI derivative of PEPE.
At the heart of the project lies a potent AI agent that identifies early signs of upcoming trend changes within the crypto market. It does this by monitoring discussions on popular social media platforms in real-time. Once it detects shifts in sentiment or new trends, the MIND of Pepe AI agent communicates its insights to MIND holders via token-gated groups.
Apart from spotting emerging trends in the market, the AI agent can also launch its own digital assets that align with the new trends. It then promotes these assets online, trades them, and reinvests any gains back into the MIND ecosystem automatically.
Recently, the team revealed that their AI agent will go live on May 10. This means investors won't have to wait for the presale's completion to gain access to the AI agent's valuable insights.
MIND of Pepe – The Presale Raises $9 Million
Investors are eagerly snapping up MIND at presale prices, as evidenced by the over $8.6 million that already has been raised throughout the ongoing ICO. The presale has now progressed into its final stage, offering investors a final opportunity to invest ahead of the predicted potential 10X surge, predicted by 99Bitcoins.
MIND is available for purchase using ETH, USDT, BNB, USDC, or bank card. Once acquired, investors can also navigate to the staking page on the website and freeze their tokens for a 265% annual percentage yield (APY).
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- Amidst the bullish surge of Virtuals Protocol (VIRTUAL), some investors are turning their attention towards an AI-driven altcoin, MIND of Pepe (MIND).
- MIND of Pepe is positioning itself as the first AI derivative of PEPE, aiming to capitalize on the trend of frog-themed tokens and boost market adoption.
- The MIND of Pepe AI agent is designed to spot early signs of market trends and communicate insights to investors, potentially providing a lucrative opportunity for early adopters.
- With a utility token and digital wallet reportedly in the works, MIND of Pepe could offer investors a valuable addition to their crypto portfolios.
- Heads Up! For the latest news on cryptocurrency trends, including the progress of MIND of Pepe, join our Telegram channel now.
