AIXBT COIN PRICE UP IN BINANCE MARKET
AIXBT, an AI-themed cryptocurrency, has joined the long list of tokens that will be available for trading on Binance.
This comes as the narrative around AI agents in the market continues to spread like wildfire. Affected by the announcement, the AIXBT price quickly surged by 35% in less than one hour.
Considering the buzz surrounding AI agents, will AIXBT reach a new all-time high?AIXBT Sees Increase in Several Areas
For those unfamiliar, the AIXBT token came into existence through the introduction of the aixbt AI agent developed via Virtuals Protocol (VIRTUAL).
Since its launch into the market, the token’s price has increased by over 12,000%, and one surpassed a $500 million market cap.
The price dropped to $0.38 recently. However, on Jan. 10, it jumped to $0.58 after Binance disclosed that it would list it alongside two other tokens at 13:00 UTC.
“Binance will list aixbt by Virtuals (AIXBT), Chain GPT (CGPT), Cookie DAO (COOKIE), and open trading for the following spot trading pairs at 2025-01-10 13:00 (UTC).” The crypto exchange disclosed this via its official statement.
However, AIXBT price is not the only metric that reacted positively to the development. According to Sentiment, the cryptocurrency’s social dominance also climbed.
Social dominance measures the level of discussions around a token compared to other assets in the market. When it rises, it indicates rising mindshare and possibly increasing demand.
A decrease, on the other hand, indicates a lower level of searches and texts related to the asset. At the time of writing, AIBXT’s social dominance has surged to 0.38%