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Cryptocurrency News Articles
AIXBT by Virtuals Price Plunges 7% as Wall Street Pepe (WEPE) Presale Surges Past $50 Million
Jan 17, 2025 at 06:10 pm
The price of AIXBT dropped 7% in the last 24 hours to trade at $0.8052 by 11:15 p.m. EST on Monday. The price moved in a narrow range with a 24% decrease in trading volume to reach $568 million.
The AIXBT price chart showcases a sustained bullish rally, a trend that reflects a steep price increase as buying momentum accelerates. This parabolic curve emerges after a prolonged consolidation phase near the $0.30–$0.40 range, where the aixbt by Virtuals price found robust support from the 200-day Simple Moving Average (SMA), according to GeckoTerminal data.
As the parabolic move matures, the price of AIXBT reached a local high of approximately $0.95 before showing signs of consolidation. This retracement is a natural response to the overextension of the rally, especially after such a sharp and steep climb.
The Relative Strength Index (RSI) is at 61.62, indicating strong momentum while staying below overbought levels. After briefly touching overbought territory during the parabolic move, the RSI has cooled off slightly, which aligns with the ongoing consolidation phase.
The parabolic curve coincided with higher trading volumes, validating the sharp price rise. The support from the 50-day SMA and the previous resistance level near $0.60 are key levels to watch during this consolidation.
AIXBT Price Analysis: Poised For A Breakout?
Given the current chart setup, the price of aixbt by Virtuals is likely to consolidate in the short term before making its next move. Immediate support is at $0.60 (previous resistance turned support). If breached, the 50-day SMA at $0.57 could act as the next significant support.
A breakout above $0.90 could lead to the next target at $1.00, a psychologically significant level. A sustained move above $0.90 could push AIXBT toward $1.00–$1.10 as the parabolic trend continues.
Barring a significant drop below $0.57, the aixbt by Virtuals price is likely to aim for $1.00 in the coming days, supported by strong technical indicators and market interest.
As the AIXBT price plummets, investors are piling into a Pepe alternative in a presale that’s called Wall Street Pepe (WEPE). Cryptonews, a popular YouTube channel with over 14.5k subscribers, says WEPE could be the next massive degen play.
Wall Street Pepe Presale Surges Past $50 Million
Wall Street Pepe has surged past $50 million in funding amid whispers that its hugely popular presale might sell out as early as this month because $WEPE has been flying into investors’ hands far quicker than expected.
WEPE aims to level the investment playing field for little investors because he’s always hated the whales who dominate the market in their small, secretive, insider groups.
The solution? WEPE created its own WEPE Token Army so that small investors are stronger together. The project will offer small traders trading strategies and insider tips to buy the best cryptos available.
The hottest trend this season? Wepe bags. 🐸 ⚔️ pic.twitter.com/TB9WmFnrjw
— Wall Street Pepe (@WEPEToken) January 11, 2025
Each $WEPE holder becomes part of this growing army, gaining exclusive access to a private insider group that taps into trading insights and alpha calls to stay ahead of the curve.
The $WEPE Token also offers a passive income opportunity through its staking feature, which delivers a stellar 25% annual percentage yield (APY).
You can buy $WEPE Token from the official website here for $0.00036649 using ETH, USDT, or a bank card.
Buy before a price hike in less than 33 hours to lock in the best deal.
Theaixbt by Virtuals price is down 7% in the last 24 hours to trade at $0.8052 as of 11:15 p.m. EST on trading volume that dropped 24% to $568 million.
The AIXBT price chart is currently exhibiting parabolic growth, a pattern that reflects a steep rise in price as buying momentum accelerates. This parabolic curve emerged after a prolonged consolidation phase near the $0.30–$0.40 range, where the aixbt by Virtuals price found robust support from the 200-day Simple Moving Average (SMA), according to GeckoTerminal data.
As the parabolic move matured, the price of AIXBT reached a local high of approximately $0.95 before showing signs of consolidation. This retracement is a
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