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Cryptocurrency News Articles

Mind of Pepe ($MIND) Presale Soars Even As AI Agent Crypto Sector Plunges

Jan 17, 2025 at 09:06 pm

The AI agent crypto sector plunged 5.5%, but new rival MIND Of Pepe defied the trend as it skyrocketed to almost $2 million in funding in only three days

Mind of Pepe ($MIND) Presale Soars Even As AI Agent Crypto Sector Plunges

The crypto sector linked to AI nosedived by 5.5%, but a new contender, MIND Of Pepe, bucked the trend and skyrocketed to nearly $2 million in funding in just three days since its presale began.

The red-hot new AI sector’s market cap plunged to $15.7 billion over the past 24 hours after sharp declines for AIXBT (15.3%), AI16Z (14.3%), and VIRTUAL (7.9%), according to CoinGecko.

AI Agent Crypto Market Slumps

AI agent cryptos combine artificial intelligence with Web3 technology and have become the hottest segment in the digital asset space in recent times.

The buzz around the sector began after the launch of OpenAI’s large language model (LLM), known as ChatGPT, in November 2022. That sparked a global AI race as companies and governments worldwide competed to lead the cutting-edge field.

Mind of Pepe Presale Surges as AI Agent Crypto Sector Slumps

Despite the overall downturn in the AI agent crypto market today, fundraising by new arrival MIND of Pepe ($MIND) is surging.

The new hybrid project, which combines the capabilities of an AI agent with the branding of meme coin giant Pepe, has already smashed past $1.8 million in funding since it launched on Jan. 14.

MIND is centered around an AI agent that monitors social platforms like X to identify crypto trends using hive mentality analysis. The project then shares the insights with its community, helping them stay ahead of the curve. Like other AI agents, MIND of Pepe utilizes the latest technology to continuously upgrade and learn.

Several influencers are already discussing Mind of Pepe ($MIND). An analyst on the 99Bitcoins YouTube channel, which boasts over 721K subscribers, recently stated that MIND is “too good to pass up.”

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Other articles published on Feb 23, 2025