The Saudi Pepe (SAUDIPEPE) price is experiencing a significant increase, trading around $0.00017, and witnessing an approximately 85% rise in the last 24 hours. This recent surge that took the meme coin up to $0.00024 has revived hopes of it returning to the highs of $0.002 experienced a few days prior. At that peak, Saudi Pepe’s market capitalization reached nearly $15 million, while it currently lies around $1.37 million.
Despite the meme coin’s promises to launch an NFT collection, including NFT staking, a Play-to-Earn (P2E) game, and artificial intelligence services, there still remain concerns over its long-term utility. Similar to several other opportunistic meme coins that have emerged recently, Saudi Pepe might lack real utility for investors and hamper its long-term growth prospects.
Investors seeking a low market capitalization cryptocurrency gem might be better off focusing on cryptocurrencies or tokens tied to platforms offering tangible value. One such example is YPRED, the crypto token powering the in-development yPredict AI-trading and market intelligence platform.
Predicting cryptocurrency market movements remains a challenging task, even for those well-versed in macro, crypto fundamentals, and technical analysis. Artificial Intelligence (AI) technology has made significant strides recently, offering a reliable assisting hand. AI models can analyze vast amounts of price data to identify trends that might go unnoticed by human eyes, giving traders a valuable market edge.
The burgeoning crypto start-up yPredict has gained significant attention, as it is currently building a cutting-edge AI-powered trading signals platform. Utilizing predictive models and data insights crafted by top 1% AI developers and quants, yPredict aims to provide market participants with an “unbeatable edge.” The platform’s features will include AI trading signals, real-time social and news sentiment analysis, AI technical analysis, and AI-powered chart pattern recognition.
To finance the development of its revolutionary platform, yPredict is holding a highly popular presale of the YPRED crypto token, which will power the platform. The presale has already reached stage five and is nearing the $1.5 million mark, showcasing remarkable progress since its launch only a few weeks ago.
Potential investors should consider seizing tokens at their current price of $0.07. As the presale progresses to $1.6325 million and the next stage, the price will rise by 28.5% to $0.09. With a planned listing on major crypto exchanges later this year at $0.12, early investors could witness paper gains of approximately 140% when YPRED launches its ICO.
Source: Cryptonews