AIOT/USDT continues to attract attention in the crypto market, bolstered by recent developments and trading activity.
Following Binance's listing of AIOT perpetual contracts with up to 50x leverage, the token experienced a significant surge, reaching a price of $0.2424. A notable investor who accumulated AIOT at an average price of $0.07476 has seen an impressive 178% return, translating to an unrealized profit of $755,000 .
In a recent on-chain movement, a smart money wallet distributed 2.49 million AIOT tokens, valued at approximately $661,000, to five newly created addresses. As of now, these recipient wallets have not engaged in any further transactions, suggesting a potential strategic accumulation .
The broader AI agent token market is also experiencing growth, with the total market capitalization reaching $14.86 billion and a 24-hour trading volume of $873 million .