AI Pepe Hybrid ICO Gains 14% Amid US-China Tariff Deal: Pepe coin skyrockets as investors flock, aiming for 100x returns.
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The PEPE token skyrocketed by 14% in the last 24 hours to trade at $0.00001481 as of 6:17 a.m. EST, with massive trading volume surging 49% to an impressive $3.2 billion.
This impressive jump came after the US and China agreed to slash tariffs on each other's goods for 90 days. This deal was struck following trade talks between the two nations in Geneva, Switzerland, over the weekend.
Initial tariffs will now drop from at least 145% to a base levy of 30% for the 90-day phase for US goods, while Chinese tariffs will be set at 10%, falling from at least 125%.
The commerce negotiations were led on the Chinese side by Vice Premier He Lifeng and on the US side by Trade Representative Jamieson Greer and Treasury Secretary Scott Bessent. At a press conference on Monday, Bessent commented, "We both have shared interests, and this deal reflects that."
Upon the trade deal news, the meme coin market shot up by 3% in the last 24 hours, leading to a total market capitalization of approximately $83 billion, according to Coingecko data.
Could PEPE's surge continue?
PEPE's Rise Above the 200-Day SMA Points to a Sustained Rally
The PEPE price chart shows a decisive breakout from a long-term falling channel pattern, suggesting a significant shift in momentum.
After hitting rock bottom in late April, PEPE experienced a sharp increase, shattering both the 50-day and 200-day Simple Moving Averages. This breakout from the falling wedge pattern aligns with a classic bullish reversal structure, potentially transitioning into a continuation phase as PEPE retests prior resistance levels.
The Relative Strength Index (RSI) currently sits at an overly optimistic level of 86.55, which may tempt markets for a short-term correction or consolidation in the short term, GeckoTerminal data reveals.
The Moving Average Convergence Divergence (MACD) is bullish, with the blue MACD line well above the orange signal line and both lines staying above the zero line, indicating a surge in positive momentum.
With the breakout and strong indicator confluence, PEPE seems primed to challenge the resistance zone around $0.00001993, representing a potential 28% jump from the current price.
However, due to the overoptimistic RSI, PEPE could suffer from a temporary pullback around the $0.00000919 range.
Investors are also rushing to get their hands on a brand-new AI-powered crypto named MIND of Pepe (MIND). Popular crypto channel on YouTube, 99Bitcoins with over 725K subscribers, states that MIND has the potential to skyrocket by 100X after launch.
MIND of Pepe Presale Smashes Past $9.5 Million - The Next 100X Token?
MIND of Pepe is a new and innovative crypto project that leverages AI to identify cryptocurrencies that could potentially skyrocket next.
The project's autonomous AI agent resides on the internet, as well as on dApps and social media platforms like Twitter. Here, it holds conversations with the crypto community to gather various opinions, biases, and crypto market insights.
The collected data then gets fed into its sophisticated AI system, which sorts through the information to detect the upcoming cryptos set to rally.
MIND of Pepe has been capturing investors' attention and has accumulated over $9.07 million in seed funding.
On May 10, the team behind MIND of Pepe introduced its AI agent. So, investors don't have to wait for the presale to access the model's market insights.
MIND is a cutting-edge intelligence system that digests and corroborates real-time data from the crypto landscape.
Right now, MIND tokens are priced at $0.0037515 and can be purchased with either crypto or credit cards through the user-friendly widget on the project's website.
If you're interested, act fast because the MIND of Pepe presale will wrap up in approximately 18 days.
Visit the MIND of Pepe website.
Additional News:
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Investors looking to capitalize on technology-driven investments might find interest in the MIND of Pepe (MIND) project, an AI-powered crypto that recently surpassed $9.5 million in seed funding. On the other hand, those following the finance and investing world closely could be considering investing in various cryptocurrencies, like the PEPE token, which has experienced a significant surge and appears poised for further growth.
