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Cryptocurrency News Articles

AI Agent Altcoins COOKIE, AIXBT, and CGPT defy Market Trend, Grab Attention Today

Jan 10, 2025 at 11:56 pm

Altcoins like Cookie DAO (COOKIE), aixbt by Virtuals (AIXBT), and ChainGPT (CGPT) are grabbing attention today. These AI agent tokens have defied the broader market trend, posting double-digit gains in value over the past 24 hours.

AI Agent Altcoins COOKIE, AIXBT, and CGPT defy Market Trend, Grab Attention Today

AI Agent Altcoins Rally: Cookie DAO (COOKIE), aixbt by Virtuals (AIXBT), ChainGPT (CGPT) Surging

Altcoins like Cookie DAO (COOKIE), aixbt by Virtuals (AIXBT), and ChainGPT (CGPT) are grabbing attention today. These AI agent tokens have defied the broader market trend, posting double-digit gains in value over the past 24 hours.

We'll be analyzing their performance on the daily chart, highlighting potential price targets for each of these assets.

COOKIE Powers the Cookie DAO, an organization that indexes and analyzes data on AI agents. Its double-digit spike in value over the past 24 hours has made it a trending altcoin today.

COOKIE climbed to an all-time high of $0.82 during Friday’s early Asian session. Its price has since corrected by 13%, trading at $0.65 at press time. However, the bullish bias toward the token is still strong. It is still up 42% in the past 24 hours

This is reflected by COOKIE’s positive Chaikin Money Flow (CMF), which currently sits at 0.20. This indicator measures the flow of money into and out of an asset. When its value is above zero, buying pressure is high.

If this buying pressure is sustained, COOKIE could reclaim its all-time high and continue surging past it. On the other hand, it may dip to $0.33 if selloffs gain momentum.

Prominent AI agent altcoin AIXBT is another asset trending today. While the rest of the market witnesses a downturn, its value has risen 36% over the past 24 hours.

Analyzing its Relative Strength Index (RSI) on the one-day chart confirms the climbing demand for the AI-based token. At press time, this is at 62.43.

The RSI indicator measures an asset’s overbought and oversold market conditions on a scale of 0 to 100. When an asset is overbought, its value is above 70, indicating that it is due for a decline. Conversely, values below 30 suggest that the asset is oversold and may experience a rebound.

At 62.43, AIXBT’s RSI shows that it is in an uptrend and still has room to grow before hitting overbought levels. If the current trend continues, AIXBT's price could climb toward $0.90. However, if sentiment shifts, the token’s price could fall to $0.45.

CGPT is the native token of ChainGPT, an AI model designed for blockchain technology and crypto-related topics. Today, it is a trending altcoin because its value has also witnessed a double-digit spike over the past 24 hours.

At press time, CGPT exchanges hands at a nine-month high of $0.35, noting a 70% rally. With surging trading volume, the altcoin is poised to extend its gains.

In a bullish scenario, CGPT could attempt a rally toward its all-time high of $0.56, which was last reached in March. But for this to happen, it must break above resistance formed at $0.39.

However, if buying pressure weakens, its price could plummet to $0.29.

News source:beincrypto.com

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