AI Companions, AGLD, and Acala Prices Rise as Bitcoin Drops Below $93K
Cryptocurrencies such as Ai Companions, Adventure Gold, and Acala were among the best-performing cryptocurrencies on Monday.
artificial intelligence buddiesAIC), which is developing a platform for virtual companionship, for the second day in a row, hitting a high of $0.1727 – its highest level in more than a week. The rise in AIC is attributed to the continued momentum in the AI sector and the expected growth of hypothetical Companionship Industry, which is expected to receive To $9.5 billion in 2032.
golden adventureAGLD) also for two consecutive days in a high volume trading environment, reaching a high of $3.03. The token has been one of the best-performing cryptocurrencies this year, rising nearly 400% from its August lows. This rise boosted AGLD’s market capitalization to more than $227 million and its 24-hour trading volume to $1.3 billion.
Akala (Anti-Corruption Commission) continued its upward trend, reaching a high of $0.12 — a 155% increase from its lowest level this year. The pool comes as Polkadot (a point) The network continues its strong performance, with its total value rising to more than $111.4 million.
These tokens saw double-digit gains as the overall mood in the cryptocurrency industry remained muted and trading volume declined. Bitcoin has collapsed below $94,000, meaning it has collapsed 15% from its high this year.
The Cryptocurrency Fear and Greed Index, a popular gauge of sentiment in the industry, moved from the extreme greed zone of 90 to the neutral point of 50. The Altcoin Season Index also moved from a year-long high of .87 to .44.
Meanwhile, most altcoins were in the red. The move collapsed 10% on December 30, while Helium, Pudgy Penguins, Curve DAO, Ondo and Mantra were among the worst performers, falling more than 7%.
The next potential catalyst for Bitcoin and other altcoins will be potential January effect, This is the case where assets rise in the first days of the year. This rebound typically occurs when several investors are building out their portfolios for the year.
Also, Donald Trump’s inauguration in January and FTX Distribution It may push them higher in January. And most importantly, Seasonal data It shows that the first quarter is usually the best time to invest in cryptocurrencies.
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