|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Cryptocurrency News Articles
AI Tokens Rally on Solana as $ACT Lists on Binance, $TAI and $FET See Unusual Whale Activity
Nov 13, 2024 at 05:40 pm
Following the recent listing of $ACT on Binance, a rally among AI-focused tokens on Solana is underway. Nine hours ago, Tars AI ($TAI) transferred 17.9 million tokens
A recent listing of $ACT on Binance has sparked a rally among AI-focused tokens on Solana.
Tars AI ($TAI) transferred 17.9 million tokens, valued at approximately $2.65 million, to market maker Wintermute.
Spotonchain observed unusual activity among $TAI holders, with around 600 million tokens, worth roughly $95 million, transferred among early holders over the last 24 hours.
This amount represents about 4% of $TAI’s circulating supply and 2% of its total supply, indicating potential shifts in the token’s ownership dynamics.
The broader AI trend appears to be gaining traction, as tokens like Fetch.ai ($FET) and Lamden ($TAO) have each experienced a 10% rise in the last few hours.
A notable whale has continued to accumulate $FET amid this upward trend, adding to the AI token’s growing interest.
On November 8, a whale purchased 380.9k $FET for approximately $508.9k.
Additionally, another whale, wallet 0x595a, was recently identified by iCrypto buying 272.9k $FET for $376.5k at an average price of $1.40.
This wallet currently holds 398.8k $FET, valued at $631.0k, indicating strong and continuous interest from large investors in the token.
Furthermore, wallet 0x2ab2—mentioned in prior updates—has yet to sell any $FET, continuing to hold 496.8k tokens valued at $786.1k.
This position carries an unrealized profit of $219.2k, representing a 35.5% gain.
The uptick in activity across these tokens highlights the increasing appeal of AI-based projects in the crypto market, with whales and early adopters strategically positioning themselves.
As the momentum builds, this wave of acquisitions and transfers could drive further price movement, capturing the attention of retail investors and sparking heightened trading interest in the AI token sector.
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.
-
- The US government is trying to confiscate cryptocurrency associated with Sam Bankman-Fried's activities, despite him being in prison for almost a year
- Nov 14, 2024 at 04:20 pm
- On Tuesday, November 12, US prosecutors filed a lawsuit in a New York court demanding the return of digital assets that FTX management used to pay bribes
-
- PEPE Coin Debuts on Coinbase and Robinhood, Electrifying the Market and Sending Its Price Soaring by 48%
- Nov 14, 2024 at 04:15 pm
- PEPE Coin's simultaneous listings on Coinbase and Robinhood have electrified its market position, boosting its price by nearly 48% and pushing the market cap over $8 billion.
-
- Pepe (PEPE) Price Prediction 2024-2025: Can the Frog-Themed Memecoin Reclaim Its Glory?
- Nov 14, 2024 at 04:15 pm
- Pepe [PEPE] has performed quite well so far in November, but it has underperformed compared to Dogecoin [DOGE]. However, this could signal that there might be better days ahead for the frog-themed memecoin.