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Cryptocurrency News Articles
MIND of Pepe (MIND) Is The Best Play In AI Crypto Right Now?
May 01, 2025 at 05:10 pm
input: FET crypto is struggling to break out, and the price of AKT has already spiked 25%. Is MIND of Pepe the best play in AI crypto right now?
Akash (AKT) is among the strongest performing AI tokens, surging 25% overnight. As May rolls on, are there better buys than Akash?
Akash (AKT) is trending and a top gainer within the AI category. As May rolls on, are there better buys than Akash (AKT) or is it still the best buy?
Akash – AKT Price Broken Out Of Downtrend With Recent Pump: $2.4 Next?
One of the stronger performing tokens over the last 24 hours is Akash (AKT). The token has shot up 28%, finally breaking out of a nearly five-month downtrend. It is currently trading for around $1.77 and has a market cap of $437 million, making it the 167th largest cryptocurrency by market cap.
(CoinGecko)
With AKT breaking out following its overnight pump, the next target is $2.4. There is a lot of untapped liquidity at this level due to it spending several months ranging around $2.4 last year.
First, though, Akash needs to breach $2 and turn it to support, maintaining bullish momentum while attracting fresh liquidity at every price increase.
The final mid-term target for the AKT price lies at $3.8. This price represents its 2025 high, which was hit in January. In the long term, Akash has a lot of work to do to regain its all-time high price of $8.07 from April 2021, and it is still down 78% from that level.
However, a bullish continuation here and the aforementioned mid-term targets being tagged this quarter could lead AKT back towards $8.
(TradingView)
DISCOVER: Top Solana Meme Coins to Buy in May 2025
FET Crypto Only Up 4% Overnight But Is A Huge Breakout On The Cards?
While AKT has already experienced a significant price increase overnight, leading AI token FET has only risen 4.4%. However, FET has slowly crept up in the past week, climbing 21% on a 7-day timeframe.
(CoinGecko)
Per CoinGecko, FET is the 5th largest AI crypto and the 60th largest digital asset overall, by market cap. It is currently trading for $0.75 with a market cap of $1.9 billion.
Using Elliot Waves, a popular technical analysis tool, you can see that the weekly chart for FET shows a textbook 1-2 structure. A clean A-B-C correction followed with FET now poised to complete the 3-4-5 phase of the pattern.
(TradingView)
Considering this, targets for the remainder of 2025 sit at $6, $7.3, and $9.4, but to keep the structure intact and complete the waves, FET will need continued trading volume.
Over the past 24 hours, FET has had over $217m in trading volume, an uptick from previous days, highlighting a trend in the right direction.
Is MIND Of Pepe (MIND) The True Dark Horse In The AI Crypto Sector?
AI crypto is heating up. The entire sector pumped 2% overnight, taking its combined market cap to just shy of $26 billion.
Akash (AKT) is among the strongest performing tokens, surging 25% over the last 24 hours. As May rolls on, are there better buys than Akash or is it still the best buy?
Akash (AKT) is trending and a top gainer within the AI category.
(CoinGecko)
One of the stronger performing tokens over the last 24 hours is Akash (AKT). The token has shot up 28%, finally breaking out of a nearly five-month downtrend. It is currently trading for around $1.77 and has a market cap of $437 million, making it the 167th largest cryptocurrency by market cap.
(TradingView)
With AKT breaking out following its recent pump, the next target is $2.4. There is a lot of untapped liquidity at this level due to it spending several months ranging around $2.4 last year.
First, though, Akash needs to breach $2 and turn it to support, maintaining bullish momentum while attracting fresh liquidity at every price increase.
The final mid-term target for the AKT price lies at $3.8. This price represents its 2025 high, which was hit in January. In the long term, Akash has a lot of work to do to regain its all-time high price of $8.07 from April 2021, and it is still down 78% from that level.
However, a bullish continuation here and the aforementioned mid-term targets
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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