AI Companions token rose for 3 consecutive days, reaching its highest degree since Oct. 21 as merchants remained optimistic concerning the undertaking.
Based on TradingView, AI Companions (AIC) token climbed to an intraday excessive of $0.1122, 40% above its lowest level final week. It has surged by over 5,700% from its all-time low, bringing its absolutely diluted valuation to $105.7 million.
The latest rally adopted the builders’ launch of an up to date web site design and a wise contract audit report by Soken.
Its different main catalyst was the latest itemizing by Gate.io, one of many largest crypto exchanges within the business. Based on CoinMarketCap, 50% of its $9.2 million 24-hour quantity was dealt with on Gate.io, adopted by MEXC and BingX.
The builders have hinted that the token will quickly be listed on a tier-1 alternate. Whereas the identify stays undisclosed, attainable exchanges embody Binance, Coinbase, Bybit, OKX, Upbit, HTX, or Kraken. A tier-1 alternate itemizing typically results in elevated beneficial properties.
In the meantime, some merchants imagine that the AI Companions token has additional development potential. In a publish on X, BitcoinHabebe, an analyst with over 164,000 followers, predicted that the token is on the verge of a brand new bullish wave. He cited its top-notch staff, upcoming alternate itemizing, and robust technical indicators.
AI Companions is aiming to disrupt an business that some analysts imagine is value billions of {dollars}.
The undertaking is constructing an answer that leverages synthetic intelligence, digital actuality, and blockchain to supply digital associates and companions. Based on its roadmap, the digital companion platform will probably be launched within the second quarter of 2025, with the AIC token serving as the first technique of alternate on the platform.
AI Companions token retested a key degree
The 4-hour chart reveals that the AIC token rose and retested the necessary resistance level at $0.1122, its highest swing on Oct. 21. This restoration occurred after the token discovered robust help at $0.0774, its lowest degree on Oct. 3 and 11.
It has rebounded above the 50-day transferring common and shaped a small cup and deal with sample, a well-liked bullish indicator.
A break above the resistance at $0.1122 may sign extra beneficial properties, with the subsequent reference degree at $0.1500, its highest degree in September and 41% above the present worth.