AIXBT Price Prediction: 74% Bullish in 24 Hours
2025-01-16Bittime - AIXBT by Virtuals has captured the attention of investors after surging 74% within 24 hours, reaching an all-time high (ATH) of $0.75. This rally surprised many traders who had previously predicted a bearish trend.
This price increase signifies the market's confidence in this digital asset, as well as opening up future growth opportunities.
In this article, we will discuss more about AIXBT's price movements, supporting factors, and future predictions for this altcoin.
AIXBT is the focus of investors
The price of AIXBT has jumped sharply, driven by increased interest from institutional and retail traders. In the last 24 hours, AIXBT's Open Interest has doubled, from $73 million to $154 million. This figure shows an increase in trading activity reflecting the market's confidence in AIXBT.
However, volatility remains a challenge. Previously, AIXBT's negative funding rate meant that many traders were speculating on the asset's price. The speculation led to the liquidation of short positions to the tune of $2.3 million, prompting a price spike.
AIXBT Open Interest. Source: Coinglass
With selling pressure easing, bullish momentum continues to develop, putting AIXBT on the path of further growth.
Also read: What is DeFAI: The Trend of Decentralized Finance with AI Agents in 2025
AIXBT Price Prediction: What's Next?
Currently, AIXBT is holding above the critical support level of $0.60. If this level is maintained, the digital asset has a chance to reach a new ATH. Traders predict a potential rise to $1 in the coming weeks, especially if market interest remains strong.
However, risks remain. If selling pressure increases due to profit-taking, AIXBT's price could drop back below $0.60, which could invalidate the bullish momentum. In this scenario, the price may correct down to $0.33.
AIXBT Price Analysis. Source: TradingView
What Makes AIXBT Different?
AIXBT is one of the AI-based digital asset projects gaining widespread attention thanks to its potential in integrating artificial intelligence technology into the blockchain ecosystem. Some similar projects that support this trend are:
Griffain: Focuses on automating tasks such as dollar-cost averaging (DCA) and token launching.
Orbit: Offers cross-chain functionality by integrating over 200 protocols.
Neur: Focuses on the Solana ecosystem, with an open-source model that supports innovation.
Heyanon.ai: Develops autonomous AI agents for smart transactions, with ANON token showing rapid growth.
Also read: DeFAI 2025 Crypto Project List You Must Know
With advanced technology and increased market interest, AIXBT has the potential to become one of the major players in the AI-based altcoin category.
Conclusion
AIXBT Price Prediction reflects optimism in the AI-based digital asset market. The 74% surge in the last 24 hours shows growing confidence in its potential. Although volatility remains a factor, the strong bullish momentum provides a bright outlook for AIXBT going forward.
FAQ
What caused AIXBT price to surge 74% in the last 24 hours?
AIXBT's price rise was driven by increased interest from retail and institutional traders. In addition, the liquidation of $2.3 million worth of short positions helped alleviate selling pressure, thus supporting strong bullish momentum.
Will AIXBT continue to rise or fall back?
If AIXBT is able to hold the $0.60 support level, it is likely that the price will continue to rise, even reaching a new ATH. However, if there is significant profit-taking, the price could correct to $0.33.
What are AIXBT's advantages over similar projects?
AIXBT stands out due to the integration of AI technology into the blockchain ecosystem, which simplifies transactions and data analysis. This makes it attractive to traders looking for innovative solutions in the world of digital assets.
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References
beincrypto.com, AI Agent AIXBT Rallies 74% in 24 Hours, Invalidates Traders Skepticism, accessed on January 16, 2025.
Author: AWW
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