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Swarms crypto token is up 18% today and it is trading at $0.46 currently.  Whales are buying large volumes of SWARMS.  Binance announced SWARMS perpetual contracts listing today.  The emergence of AI crypto tokens is accelerating in the industry with new token launches by the day. After memecoin’s biggest trend, AI tokens are the latest trend to watch out in the market in 2025. Adding to the hype, Solana’s Pump.fun platform is acting as an interface to bring out new and trendy AI tokens and memecoins into the market.  The latest AI token that is gaining traction from crypto communities is Swarms (SWARMS). Despite being new to the market, its price has been going on an uptrend since its launch on Dec 30, 2024. Whales are eyeing this token in recent days, implying further price surge in the coming days.  SWARMS token is currently trading at $0.4697 at press time, with over 17% price surge. The token started trading at the initial price of around $0.1554 on Dec 30 and has surged by more than 190% since then. While its market cap doubled with a current value of $467.2 million, trading volume rose by 164%.  Whales Accumulate SWARMS Amidst Binance Perpetual Contracts Listing As per on-chain analytics platform Lookonchain, whales are buying SWARMS tokens continuously for the past 24 hours. A new wallet that was created today withdrew 2 million USDC and purchased 3.58 million SWARMS tokens.  A whale is accumulating SWARMS using DCA trading strategy and has bought over 7.42 million SWARMS worth $3.39 million today. Another wallet which probably belonged to the same whale withdrew $3.67 million selling SWARMS two days ago. And, it purchased $713K worth SWARMS today with an unrealized profit of $1.75 million.  On the other hand, Binance announced that it is going to launch…

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Filed under: News - @ January 7, 2025 6:22 pm