As AI agents hold the bullish crypto torch, a whale makes a big bet on Virtuals, Aixbt, and FAI. Are these the tokens to buy for a 2x rally?
With the crypto market gradually healing, Bitcoin BTC $94 419 24h volatility: 1.9% Market cap: $1.86 T Vol. 24h: $58.36 B is now trading at $94,900. This improves the crypto fear and greed index to 43, as the market cap rises to $3.31 trillion.
Amid the recovering phase, altcoins are starting to gain momentum. Among the top-performing segments, the AI agents have been driving the narrative over the past 24 hours.
With whales adding more AI agent tokens during the pullback, the broader market anticipates a meteoric rise as the broader market regains strength.
Over the past 16 hours, a whale has spent 911.45 wrapped Ethereum tokens to buy multiple base tokens. The buying spree is worth almost $3 million to acquire the AI agent tokens of the base ecosystem.
In the past 10 hours, a whale has spent 911.45 $WETH, worth $2.94M, to buy multiple tokens on @base.
– Spent 329.45 $WETH worth $1.06M to buy 2.62M $AIXBT at $0.40
– Spent 292 $WETH worth $944k to buy 16.77M $FAI at $0.056.
– Spent 290 $WETH worth $934k to buy 298,738 $VIRTUAL… pic.twitter.com/0WiY9Uu8aO— Onchain Lens (@OnchainLens) January 10, 2025
Out of the total spending, 329.45 wrapped Ethereum tokens worth $1.06 million were spent to buy AIXBT tokens. The whale acquired 2.26 million tokens at an average price of $0.40.
Secondly, 292 wrapped Ethereum tokens were spent to buy FAI tokens. The whale acquired 6.77 million FAI tokens worth $944k at an average price of $0.056.
Finally, 290 wrapped Ethereum tokens were exchanged for nearly 300,000 virtual tokens. With the whale going all in on the AI agent tokens, it reflects the strong underlying confidence despite blood in the crypto market.
With the crypto whale purchasing multiple AI tokens, let’s have a closer look at the price analysis to find the upside potential.
In the 4-hour chart, the Virtuals Protocol VIRTUAL $3.04 24h volatility: 4.7% Market cap: $3.02 B Vol. 24h: $642.17 M price trend reveals a falling channel at play. However, this comes as a pullback after the massive bullish rally.
Sustaining dominance at its 200 EMA line, the VIRTUAL token’s bullish reversal from the $3 psychological mark. This hints at a resistance trendline breakout.
As per the trend-based Fibonacci level, the upside potential in the short term highlights the $5 psychological mark. Beyond this, the 100% level at $6.62, a near 100% surge for the AI Agent token.
Similar to the Virtuals protocol, the Freysa token FAI $0.0684 24h volatility: 25.6% Market cap: $566.07 M Vol. 24h: $11.35 M reveals a pullback phase after the massive bull run. However, with the quick bullish turnaround from the $0.050 psychological mark, it has regained bullish momentum.
As per the trend-based Fibonacci level, the recovery run is challenging the 38.20% level at $0.07715. With a double bottom reversal, the recovery run in the AI Agent token projects a potential price surge to the $0.10 psychological mark. This projects a price surge of nearly 42% in the short term.
Finally, the AIXBT AIXBT $0.53 24h volatility: 32.5% Market cap: $447.23 M Vol. 24h: $257.16 M token by Virtuals reveals a sharp parabolic rise after testing the $0.38 support level, with a massive surge of nearly 50% in the past 16 hours. AIXBT token is trading at $0.57.
As the recovery rally breaks above the 38.20% Fibonacci level, the uptrend is likely to create a new all-time high at the $0.84 mark. If the bullish trend in the AI Agent token continues to gain momentum, the bulls are likely to surpass the $1 psychological mark. The 1.618 Fibonacci level targets the $1.12 level for a nearly 100% surge.
In a nutshell, as Bitcoin nears $95K, AI tokens like VIRTUAL, FAI, and AIXBT are poised for explosive growth. Furthermore, with the whale’s ~$3M investment fueling momentum, these tokens show strong potential for a 2x rally. This makes them top contenders in the market recovery.
Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.
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Vishal, a Bachelor of Science graduate, began his journey in the crypto space during the 2021 bull run and has since navigated the subsequent market winter. With a strong technical background, he is dedicated to delivering insightful articles rich in technical details, empowering readers to make well-informed decisions.
