As a seasoned crypto investor with over a decade of experience navigating the volatile digital asset market, I can confidently say that the recent surge in AI Companions (AIC) token has piqued my interest. The project’s impressive 5,700% rise from its all-time low is a testament to the power of innovation and smart investment strategies.
AI Companions’ tokens experienced a three-day upward trend, culminating at their peak level since October 21, as investors continued to express optimism regarding the project.
Based on data from TradingView, the price of AI Companions (AIC) token peaked at $0.1122 today, a 40% increase from its lowest point last week. This surge has pushed it over 5,700% above its all-time low, giving it a fully diluted market capitalization of approximately $105.7 million.
The latest surge in activity occurred after the developers unveiled a new version of their website and published a smart contract review by Soken.
We’ve received our initial smart contract evaluation report! 🎉
— AI Companions (@AIV_Companions) October 27, 2024
A significant factor contributing to its growth was getting listed on Gate.io, a prominent crypto exchange within the industry. As reported by CoinMarketCap, approximately half of its $9.2 million daily trading volume occurred on Gate.io. Trailing closely behind were MEXC and BingX in terms of handling the remaining volume.
The programmers have given some indication that the token will appear on a top-tier trading platform in the near future. As of now, the exact name of the exchange is unknown, but it could potentially be Binance, Coinbase, Bybit, OKX, Upbit, HTX, or Kraken. Listing on such a prominent platform can typically boost profits.
As a crypto investor, I’ve been keeping a close eye on the AI Companions token. Recently, BitcoinHabebe, an influential analyst with over 164,000 followers, posted his analysis. He suggests that this token could be on the brink of a fresh bullish surge. His reasons include the impressive team behind it, an upcoming exchange listing, and robust technical signals. I’m intrigued by his optimistic outlook!
AI Companions aspires to shake up a sector, which experts estimate to be valued in the billions of dollars.
The project aims to construct a system that combines artificial intelligence, virtual reality, and blockchain technology to offer digital friends and companions. As per its plan, the virtual friend platform is set for release in the second quarter of 2025, with the AIC token acting as the principal medium of trade on this platform.
AI Companions token retested a key level
On a 4-hour timeframe, it’s evident that the price of AIC token climbed and subsequently revisited a significant resistance level at $0.1122 – its peak swing on October 21st. This upward trend followed the token encountering robust support at $0.0774 – its lowest points observed on October 3rd and 11th.
The price has surpassed its 50-day moving average and created a small ‘cup and handle’ formation, which is often seen as a positive sign for buyers in the market.
A jump above the $0.1122 barrier may indicate further increases, with potential for prices to reach as high as $0.1500 – a level not seen since September and representing a 41% increase from the present value.
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2024-10-28 16:58