Why This AI Agent Crypto AIXBT is Up 55% Today?

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The AI agent known as Aixbt (AIXBT) is established on the Solana blockchain, possessing its unique X account, and has garnered significant attention in the crypto world due to its specialized niche and the escalating AI-driven trends. Despite a downturn following Bitcoin‘s fall, the price of AIXBT sparked a 55% rebound rally.

One significant factor behind this development is the upcoming CES 2025 event. Furthermore, the NVIDIA CEO’s discussion about AI agents and their potential impact across various sectors sparked this trend. Lastly, the AIXBT price seems to have room for further growth, despite the 55% surge observed on Friday.

NVIDIA CEO Restart AI Agent Hype During CES 2025

At the Consumer Electronics Show (CES) 2025, numerous advancements in Artificial Intelligence (AI) were displayed, igniting curiosity about AI agents. These intelligent agents operate using AI and machine learning and are projected to generate worth that could exceed multiple billions of US dollars. Moreover, this technology has the potential to significantly influence several industries such as healthcare and finance. The main source of excitement surrounding these advancements was a keynote speech by Nvidia CEO Jensen Huang on AI agents during his CES 2025 address. His remarks caught attention in the AI community.

A Google Trends analysis indicates that interest in AI agents outpaces that of meme coins, suggesting a shift in public focus towards these intelligent agents.

Following the wrap-up of CES 2025, there’s been a surge of interest in AI Agents. Notably, AIXBT, a well-known crypto AI agent, experienced a significant increase of 55% within just 13% hours after Bitcoin plummeted to $91K. Given the growing attention from investors, it seems likely that the AI agent market is poised for a massive expansion.

AIXBT Price Analysis Hints AI Token is Primed For Extended Recovery Rally

On the one-hour chart, AIXBT experienced a significant surge of approximately 55% from its January 9 low, reaching roughly $0.598 before peaking. This substantial increase and volatility linked to Nonfarm Payrolls resulted in a temporary drop of about 20%, causing AIXBT, the Solana-based token, to trade around $0.530.

Over the past few months since New Year’s Eve, there have been four successive decreases in high prices, suggesting that although there has been a recent increase, bearish sentiment or profit-taking is still prevalent. However, given Bitcoin (BTC)’s potential to form a bottom, it is possible that top altcoins such as AIXBT may be laying the groundwork for an even more substantial surge in value.

Strategic Support & Target Levels

Investors should keep an eye on possible changes near the support points at approximately $0.471 and $0.510. If there’s a bounce at these levels, it might trigger a return to the December 31 peaks of $0.670. Crypto traders may anticipate a breakout from this point, which could lead to a potential new record high around $1 by the end of January 2025.

The rising cost of AIXBT demonstrates a growing fascination with artificial intelligence agents. With Jensen Huang, CEO of NVIDIA, expressing his support and the CES 2025 event generating buzz, the AI agent market is set for explosive growth. As Bitcoin’s price becomes more stable, there’s an increasing possibility that AIXBT could experience a sustained rally as well.

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2025-01-10 18:48