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Cryptocurrency News Articles
Virtuals Protocol (VIRTUAL), Ozak AI ($OZ), and AIOZ Network (AIOZ) Intensify Competition for the AI-Based Cryptocurrency Market Throne
Jan 17, 2025 at 06:44 pm
The competition for the throne in the AI-based cryptocurrency market has intensified between Virtuals Protocol (VIRTUAL), Ozak AI ($OZ), and AIOZ Network (AIOZ).
The cryptocurrency market is seeing a fierce competition for the throne in the AI-based segment, with Virtuals Protocol (VIRTUAL), Ozak AI ($OZ), and AIOZ Network (AIOZ) capturing the attention of buyers. Here’s a closer look at their price trends and ecosystem progression, hinting at their potential.
Virtuals Protocol Sees a Modest Rally After Recent Rebound
Virtuals Protocol (VIRTUAL) has been slowly picking up and was trading at $2.92 at the last press update. This marked a 9.24% rise in the last 24 hours as buyers capitalized on the bullish technical cues. The token was still trading 32% higher than the yearly low of $2.21 and the recent surge could be attributed to the improvement of the token’s sentiment after falling consecutively for some weeks.
Virtuals Protocol (VIRTUAL) Price Chart - CoinMarketCap
The recovery can also be attributed to the rise in the value of VIRTUAL’s ecosystem tokens. Other tokens like G.A.M.E rose by 17.5%, while Aixbt went up by 63% to hit $546 million in valuation. Other ecosystem tokens, such as Luna, Sekoia, and WAI Combinator, also climbed higher.
Technical patterns are showing a potential for further price increases. A long-legged doji candlestick pattern and a falling wedge pattern are indicating a possibility of bullish reversals. The buyers are aiming to break through the next resistance at $4, and if the price falls below $2.2260, it could move towards $1.50.
AIOZ Network Maintains Upward Trend Despite Resistance
The AIOZ Network (AIOZ) token was trading at $0.9407, indicating a 1.50% rise in the last 24 hours. While the token was facing resistance in clearing the $1.1 level, it appeared to be sustainably in an uptrend. The ascending trendline was indicating that the uptrend momentum was still intact.
AIOZ Network (AIOZ) Price Chart - CoinMarketCap
AIOZ was trading slightly lower than its support zone of $1.1 to $0.99 and had started to rebound from this level. Some of the technical indicators were bullish and others bearish. The RSI indicator was showing a possibility of a bullish divergence and the MACD was indicating a possibility of a bearish crossover. A temporary retracement to $0.70 could be seen before a sharp rise above $1, with further growth towards $2 if major levels are breached.
The AIOZ Network still has the upper hand with its highly scalable architecture for decentralized applications, which is why it continued to attract buyers and developers. This increasing utility may help the token continue its current upward movement.
Ozak AI Gains Attention with Presale Milestones, Ecosystem Innovation
Ozak AI ($OZ) is positioning itself as a leader in the AI-token space with its novel approach to combining artificial intelligence and blockchain. The token’s presale, now in its second phase, has raised $240,000, with each $OZ token priced at $0.002. Buyers are anticipating its listing price of $0.05, which is expected to follow the conclusion of the presale.
Ozak AI’s ecosystem offers tools like prediction agents (PAs) and the Decentralized Physical Infrastructure Network (DePIN). These features provide advanced analytics, risk management, and transaction optimization for DeFi platforms and other blockchain applications. Its AI-powered trading bots have gained traction, making the platform popular among buyers seeking innovative blockchain solutions.
The project has also incentivized early participation through a $1 million prize pool, which includes rewards of $100,000 and $50,000 for 100 lucky participants. This strategy has increased interest in the $OZ token, which has already doubled in value from its initial presale price of $0.001.
As for token circulation, there are 10 billion tokens in total, 3 billion of which will be available during the presale, and tokenomics will motivate users to hold. Ozak AI is set to benefit from both AI and blockchain technologies, and analysts are predicting that the token could rise to $1 by 2025.
For more information about Ozak AI, visit the links below:
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