Whale Bets Big on AI Agents: VIRTUAL, FAI, and AIXBT Target 2x Gains

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Currently, Bitcoin (BTC) is being traded at approximately $94,900. This trade comes amidst a gradual recovery in the crypto market, which has also boosted the Crypto Fear and Greed Index to 43. The total market capitalization now stands at around $3.31 trillion, demonstrating an increase from its previous figure of $1.87 trillion. Over the past 24 hours, the Bitcoin market has exhibited a volatility of 2.4% and a trading volume of $52.16 billion.

In the process of recovery, various alternative coins are picking up speed. Over the last day, artificial intelligence-related assets have been shaping the discussion and leading the pack among high performers.

Whale Bets Millions on 3 AI Agent Tokens

As I observe the behavior of whales integrating additional AI agent tokens amidst the market correction, it appears that the wider market is bracing itself for an extraordinary surge, as it steadily regains its vigor.

Over the last 16 hours, a whale has exchanged approximately 911.45 Ether (ETH) wrapped into another form (WRBTC) to purchase varying amounts of fundamental tokens. This buying frenzy, valued nearly $3 million, was directed towards acquiring AI agent tokens within the base system’s ecosystem.

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During the past 16 hours, a significant investor (whale) has swapped 911.45 Ether (ETH) into wrapped Ethereum (WRBTC), using it to purchase diverse quantities of foundation tokens. With an investment worth nearly $3 million, this whale aimed to accumulate AI agent tokens within the base ecosystem.

Over the last 10 hours, a whale has expended approximately 911.45 WETH, equivalent to around $2.94 million USD, to purchase various tokens via @base.

1. Purchased 2.62 million units of $AIXBT for a total cost of $1,063,540 using 329.45 WETH.

2. Bought 16,770,000 units of $FAI at a price of $0.056 each for a total cost of $944,000 with 292 WETH.

3. Acquired 298,738 units of $VIRTUAL at a cost of $0.056 per unit using 290 WETH, amounting to $934,000 in total.

— Onchain Lens (@OnchainLens) January 10, 2025

Approximately $1.06 million in value represented by 329,450 Ethereum tokens was allocated towards purchasing AIXBT tokens. This substantial investor, or ‘whale’, then obtained a total of 2,260,000 AIXBT tokens at an average price of 40 cents per token.

Additionally, 292 Ether tokens were utilized to purchase FAI tokens, resulting in a whale owning approximately 6,770,000 FAI tokens, valued at around $944,000, with an average price of about $0.056 per token.

Ultimately, approximately 290 Ethereum tokens were traded for roughly 300,000 other digital tokens. This significant investment in AI agent tokens by the ‘whale’ demonstrates a robust belief in the technology, even amidst the turbulent state of the cryptocurrency market.

Will These AI Agent Tokens Give a 2x Rally?

As an analyst, I find myself intrigued by the recent purchase of several Artificial Intelligence (AI) tokens by a significant player in the cryptocurrency market, often referred to as a ‘whale’. To better understand the possible opportunities, let’s delve deeper into the price analysis of these AI tokens. This exploration should provide valuable insights into their upside potential.

Virtuals Protocol (VIRTUAL)

On a 4-hour timeframe, the Virtuals Protocol (VIRTUAL) is showing a downward trend within a channel. This could be due to a temporary correction following a significant upward surge in price. Current stats include a 24h volatility of 3.9%, a market cap of $3.05 billion, and a total volume for the last 24 hours of $647.52 million.

The Virtual token is maintaining its strength by holding above its 200 Exponential Moving Average (EMA) line, suggesting a bullish reversal occurred near the $3 price level. This could indicate a potential breakthrough of a resistance trendline.

According to the trend-following Fibonacci analysis, there’s a strong probability that the AI Agent token could reach the $5 milestone in the short term due to its psychological significance. If it continues to rise, it might hit the 100% level around $6.62, which represents nearly a full hundred percent increase from its current value.

Freysa (FAI)

The Freysa token FAI, currently trading at around $0.0693, exhibits a retracement phase following its significant upward trend. Yet, the swift recovery above the psychologically significant level of $0.050 suggests a resurgence in bullish sentiment. Key metrics include:

– 24h volatility: 27.7%
– Market cap: $563.70 M
– 24h volume: $11.32 M

From my perspective as a crypto investor, based on the trend-following Fibonacci levels, the recovery in the AI Agent token is pushing against the 38.20% level, which stands at around $0.07715. Given a potential double bottom reversal pattern, this upward trend could propel the price to the significant $0.10 milestone. This short-term projection indicates a potential price increase of approximately 42%.

Aixbt by Virtuals (AIXBT)

After hitting the $0.38 support level, the AIXBT token from Virtuals has witnessed a significant spike, increasing approximately 50% over the past 16 hours. Currently, the AIXBT token is being traded at $0.57. In the last 24 hours, the token’s volume amounts to $256.86 million, and it boasts a market capitalization of $453.88 million. Moreover, its 24-hour volatility stands at 34.1%.

As the price of the AI Agent token climbs above its 38.20% Fibonacci resistance, it suggests that the upward trend could potentially reach a new record high at approximately $0.84. If the bullish momentum remains strong, there’s a chance that the token might even breach the $1 psychological barrier. The 1.618 Fibonacci level predicts a potential increase of nearly 100% to around $1.12.

Essentially, as Bitcoin approaches $95K, AI-related tokens such as VIRTUAL, FAI, and AIXBT are predicted to experience significant growth. Additionally, a whale’s investment of approximately $3M is driving momentum, suggesting that these tokens could potentially double in value. This places them among the leading candidates for market recovery.

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2025-01-10 17:31