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 January 13, AIXBT declined to $0.36, but the price has surged more than 100% since then. At present, it trades at $0.672 and has dropped 10% since the ATH earlier in the day, showing signs of consolidation. For this, $0.663 is the key support level, and a drop below this could initiate a downtrend. This could decline this AI coin’s price to 50% Fibonacci retracement, aligning with a low of $0.557. However, in contrast, support from this critical level could push the price to 161.8% Fibonacci extension level. With that, AIXBT could hit $0.99 or even the $1 mark with a 32% rally from the current level.
Investors should eye the critical level and the possibility of trend reversal with increased volatility and ongoing correction.
Bottom Line
The hype around AI cryptos and agents has influenced AIXBT’s performance, as the token created a new ATH amid the consolidating crypto market. Although many altcoins are splurging with gains today, a few, like AIXBT, have gained significant momentum, rising more than 100% since its drop on January 13. At present, it trades at $0.672, and the continuity of the trade could influence it to hit $1 next. This is because the critical point lies at $0.663, and a surge above this could create an uptrend. However, a drop from the critical level could push AIXBT’s price to $0.557.
Pooja Khardia
With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market.
As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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