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Cryptocurrency News Articles

AI Companions Experience Surge by 22% as Listing Nears

Oct 28, 2024 at 12:17 pm

The price of AI Companions has surged by 22% in the last 24 hours, hitting $0.0995. This significant increase is driven by promising developments, including its imminent T1 CEX listing on Gate.io.

AI Companions Experience Surge by 22% as Listing Nears

This week has seen some significant developments in the cryptocurrency market, with several projects making their mark and attracting traders' attention.

The price of AI Companions has seen a remarkable 22% increase in the last 24 hours, hitting $0.0995. This surge is attributed to promising news regarding its upcoming Tier 1 centralized exchange (CEX) listing on Gate.io.

Additionally, a community-oriented giveaway by Gate Startup has also contributed to the enthusiasm surrounding the token. As the price approaches the $0.1 resistance level, analysts suggest that there could be enough momentum for a breakout. The anticipated listing is expected to increase visibility and attract more traders to AI Companions, potentially pushing the price up further in the coming days.

In other news, Bittensor whales have asserted their dominance in the market by securing 77% of long positions, showcasing strong confidence in the altcoin’s future potential. While TAO saw a 6.80% decrease in the past day, the actions of these whales suggest a positive outlook for the token.

With retail traders holding a minor 23% of long positions, the concentration of holdings by whales implies a robust expectation for price increases. Analysts are considering the possibility of a rally toward $620 soon, assuming that the market sentiment continues to be favorable. This significant interest by whales in the token’s long-term prospects highlights its potential resilience against short-term market shifts.

Finally, BlockDAG has dramatically surpassed the $102 million mark in its presale, denoting a major milestone in its development. This swift progress indicates that the presale could conclude within the next two months, presenting a finite opportunity for participants to acquire BDAG coins before the presale concludes.

Currently set at $0.0206, with over 14.3 billion coins distributed since the commencement of the presale, BlockDAG is drawing considerable attention from traders who are keen to engage early with one of the market’s most promising ventures.

News source:techbullion.com

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