The post Why AIXBT Hit New ATH Today? Will Price Rally More? appeared on BitcoinEthereumNews.com.

Aixbt by virtual (AIXBT) has captivated investors with its new milestone. It has created a new ATH at $0.745 after a significant surge within the last few days. The token gained substantial traction in the market and moved in a bullish trajectory for weeks. However, its decline and setbacks cannot be ignored. Let’s check the reasons behind AIXBT’s price surge to ATH and whether this crypto rally can be sustained or not. Reasons Behind The AIXBT Price Surge In the last 24 hours, the AIXBT token price surged more than 70% to push it to an ATH at $0.745. Although today’s surge was noteworthy, the token showed a bullish trajectory for days amid investors’ demand and hype around AI-themed cryptocurrencies.  An earlier CoinGape report revealed that AI cryptos will be among the most followed cryptocurrency trends in 2025. This is already visible in AIXBT and a few other popular AI crypto performance Amid this demand and its performance on the charts, Binance listed AIXBT a few days ago. HashKey Global’s innovation also announced the listing, increasing its market visibility. This fuels the bulls’ and investors’ sentiments. According to the Coinglass derivative data, AIXBT’s open interest has surged to $154 million, almost doubled within a day. This surge was influential enough, but the rising trading volume fueled the price rally even higher. At present, the 24-hour trading volume is at $471.86M, showing rising network activity and growing investor confidence. The crypto whale activity is another factor to consider behind AIXBT’s rally to ATH. A new wallet address recently accumulated 3.06M AIXBT within just 42 hours and is earning significant profits on the investment. With such a bullish performance, investors are eyeing this token to hit $1 after this. Will AIXBT Price Rally Continue To $1? Amid the crypto market crash on…

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Filed under: News - @ January 16, 2025 3:25 am