Quant Price Surges 15%, But Investors Flock To This AI PEPE ICO

The Quant price surged over 15% in the last 24 hours to trade at $103.39 as of 10:45 p.m. EST as investors go long on the altcoin.

With the recent pump, the QNT price was also able to push its weekly performance out of the red zone. As a result, the crypto is up over 9% on the 7-day time frame as well.

Quant Price Breaks Out Above A Consolidation Zone

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

The Quant price broke out above a consolidation zone between $91.59 and $100.40 in the last few hours, GeckoTerminal data shows. This was after the altcoin dropped below this range over the past 48 hours. Should bulls continue to buy into QNT, it might soar to the next major resistance level at $111.36.

On the other hand, traders deciding to realize their profits from the recent surge could lead to the Quant price falling back within the consolidation channel. In an extreme bearish case, the crypto’s price might even drop to the support level at $83.86.

Technicals Suggest The Quant Price Might Keep Rising

From a technical perspective, indicators on QNT’s 4-hour chart suggest the crypto’s price might continue to climb in the coming 24 hours. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) are flashing bullish.

RSI readings have soared from deep oversold territory below 30 to the mid 60s in the last 24 hours, signaling a rapid increase in buyer strength. The current reading below 70 suggests that there is still room for the Quant price to climb before it enters overbought territory, while the positive slope of the RSI line suggests buyers show no intention of easing their pressure yet.

Throughout the past day of trading, the MACD line also crossed above the MACD Signal line. Traders often see this technical event as a sign that a crypto has entered a positive trend. With the growing gap between the two MACD lines, it appears that QNT’s bullish momentum is picking up steam as well. 

If the bullish technical signs presented by both the MACD and RSI on the 4-hour chart influence traders’ decision making, the Quant price might soon attempt to flip the $111.36 resistance into support.

As the Quant price tries to keep its bullish move going, investors are also buying into a new AI meme coin called MIND of Pepe (MIND) for gains. 99Bitcoins, a popular crypto YouTube channel with over 726K subscribers, says MIND has the potential to soar 20X on launch.

Merging The Booming AI And Meme Coin Sectors

Frog-themed tokens have been among the best performing cryptos in the booming meme coin space over the past few months. Projects such as Wall Street Pepe (WEPE) and Pepe Unchained (PEPU) have gone on to print massive gains for early investors after raising millions of dollars through their respective ICOs.

Now, MIND of Pepe aims to continue the trend around PEPE-inspired cryptos. To maximize its chances of success, the project’s team have positioned the token as the first AI derivative of a major meme coin brand. 

Central to the project is a sophisticated AI agent. This intelligent computer model plugs into social platforms such as X, Discord and others. It then performs hive-mind analysis to try and spot emerging trends in the Web3 space. After identifying a developing trend, the MIND of Pepe AI notifies the community through token-gated groups to give them an edge in the market.

In addition to keeping an eye out for new trends, the MIND of Pepe AI can also deploy its own tokens autonomously, and then hype them up by engaging with influencers and other Web3 community members online. The computer model will also give the MIND of Pepe community the chance at first buy-in before exposing the new tokens to the rest of the market.

Investors Bet Big On MIND’s Future

MIND of Pepe has already raised over $6.8 million through its ongoing presale, signaling strong investor confidence in the project’s future. This buying frenzy is likely to continue given the attractive staking opportunity made available to presale investors. Anyone that buys and stakes MIND at this early stage will unlock access to a 330% APY.

Interest investors can buy MIND through the widget embedded on the project’s website. Selling for $0.0033992, MIND can be bought with either ETH, USDT, BNB or bank card. After acquiring some MIND, investors then need to navigate to the staking page to lock up their tokens and start earning.

Buy MIND on its official website here.

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