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Cryptocurrency News Articles
AI Crypto Sector Rebounds as Fartcoin (FART) and Ai16z (AI) Surge 10%
Feb 13, 2025 at 03:08 am
The AI crypto sector is rebounding, with AI meme coins at a combined valuation of $3.3 billion. Fartcoin FARTCOIN/USD and Ai16z AI/USD leading the sector rebound on Wednesday
The AI crypto sector continues to experience a strong rebound, with a combined valuation of $3.3 billion for seven leading AI meme coins.
Fartcoin (FARTCOIN/USD) and Ai16z (AI/USD) are spearheading the sector's recovery on Wednesday, both surging around 10% in the past hour.
As noted by trader Altcoin Sherpa, while most AI coins have retraced recent gains, Ai16z and ARC are among those holding up better than the rest.
However, he cautions that if Bitcoin drops below $90,000, another pullback in AI tokens would not be surprising.
Meanwhile, another trader highlights that smart money has been accumulating Ai16z, with net inflows of $963,000 in the past week, according to data from Blockware Solutions.
While Fartcoin and ARC have the highest inflows, both are also seeing substantial net outflows, suggesting high turnover rather than steady accumulation.
In Ai16z’s case, the net positive inflows could indicate confidence in its future restructuring.
According to ElonMoney, Ai16z, FXN, and YNE led in net inflows over the past 24 hours.
Netflow over the past 24 hours into AI tokens:
Leaders:$ai16z$FXN$YNE
data: @nansen_ai pic.twitter.com/DMFSS3b0Zv
In other related news, data from Lookonchain shows that an unknown whale withdrew 25,306 SOL ($5 million) from Coinbase.
Of this amount, the whale purchased 11.1 million ARC, using 17,250 SOL ($3.5 million), and 5.48 million Ai16z, using 15,000 SOL.
Influencer account ElonMoney highlights that AI-powered crypto is expanding into finance, gaming and blockchain, creating new narratives that are attracting investors.
In the case of Ai16z, there is strong bullish sentiment, with solid market performance and a favorable risk/reward ratio — although liquidity concerns remain.
An investment of $4 million in ARC has sparked renewed interest, with crypto trader HeiroCapital considering it a top AI asset.
Some traders anticipate either a substantial rally or a deep retracement, depending on how the sector evolves.
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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- four.meme was attacked by hackers, the loss was about 15,000 USD
- Feb 13, 2025 at 02:11 pm
- four.meme is a memecoin launchpad incubated by Binance Academy similar to pump.fun. We detected that memecoin snowboard (https://four.meme/token/0x4abfd9a204344bd81a276c075ef89412c9fd2f64) on the platform was attacked by hackers.
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- CARV Unveils D.A.T.A. Framework 2.0, Empowering AI Agents with On-Chain Data and Token-Driven Intelligence
- Feb 13, 2025 at 01:31 pm
- CARV, the leading AI-chain ecosystem for data sovereignty, has announced an upgrade to its groundbreaking D.A.T.A. (Data Authentication, Trust, and Attestation) Framework
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- Can a Penny Saved Finally Be Truly Worth It? Collectors Are Asking That Question This Week After President Trump Ordered the U.S. Treasury Department to Stop Minting the Penny.
- Feb 13, 2025 at 01:11 pm
- Every penny costs 3.7 cents to manufacture and the U.S. Treasury lost $85.3 million in 2024 producing them, the U.S. Mint reported.
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