Whales Accumulate 9.09 Million Tars AI Tokens Amid Binance Listing Speculation
Bitcoin's price remains above $98,000, contributing to a total cryptocurrency market cap of $3.5 trillion. Amid improved sentiments, top AI and big data tokens are experiencing substantial gains, with Tars AI increasing by 13.36% in the past 24 hours.
Tars AI has a market cap of $283 million and has surpassed the psychological threshold of $0.40. Currently, the TAI token trades at $0.4101, with a 147% increase in 24-hour trading volume, reaching $161.32 million.
Whale Wallets Purchase $3.62M TAI
In the ongoing bullish rally, whale interest in the AI token has surged. Following a recent all-time high of $0.428, two major whales have acquired TAI tokens.
The wallets collectively purchased 9.09 million TAI tokens valued at $3.62 million. The first wallet, “5BCgq,” accumulated 8.417 million TAI tokens for $3.35 million over Vidamute. The second wallet, “HapvX,” withdrew 675,303 TAI tokens worth $268K from Gate.io Exchange within the last 14 hours. This accumulation fuels speculation of a potential bull run for Tars AI.
Binance Listing Chances Improve for Tars AI
Tars AI has reached the top six on Binance's futures NEXT list, indicating potential new listings on the exchange.
Increased chances of TAI listing on Binance are driving demand and liquidity. The TAI token is positioning itself as a top performer following increased on-coin activity and speculation.
Tars AI Ready for Breakout Rally to $0.50
With rising demand among whales, TAI shows a bullish trend on the 4-hour chart, rebounding from a support trendline and challenging resistance at $0.40.
The overhead supply zone aligns with the 23.60% Fibonacci level at $0.40. A 2.46% jump on the 4-hour candle indicates movement beyond this supply zone.
A bullish close above this zone may lead to an uptrend in Tars AI. Price targets based on Fibonacci levels are set at $0.48 and $0.55, corresponding to the 38.20% and 50% levels. Conversely, a bearish return could retest the 50-day or 100-day simple moving average lines at $0.3758 and $0.3443, respectively.