Cryptocurrency whales, including DWF Labs, are currently showcasing a strong interest in the Artificial Intelligence (AI) token ZEREBRO. The crypto has broken new price records in recent times and is also attracting attention from major exchanges.
Whale activity in the cryptocurrency market has shifted notably toward ZEREBRO (ZEREBRO), an AI-driven token built on the Solana blockchain. DWF Labs made the most notable market movement toward the coin.
According to LookOnChain, DWF Labs received 1.25 million ZEREBRO tokens, worth approximately $805,000, about three weeks ago, securing its place as one of the coin’s key market makers.
Since then, the price of the coin has surged to new heights. According to the latest data, the token surged past the $0.78 mark hours ago, reaching a new, all-time high price. The surge in value coincided with its launch on Binance Perpetual Futures, expanding its reach on the global exchange.
Whales profit big from ZEREBRO
Another whale, who has been active in both ZEREBRO and AI16z, has seen significant profits as well. Since November 28, this investor spent $9.33 million to acquire 19.83 million AI16z tokens, which have now appreciated to $45.4 million. Simultaneously, they invested $5.89 million in 15.4 million ZEREBRO tokens, which are now worth $10.37 million.
A smart whale made $40.8M from $ai16z and $ZEREBRO! Since Nov 28, this whale spent $9.33M on 19.83M $ai16z(now worth $45.4M) and $5.89M on 15.4M $ZEREBRO(now worth $10.37M). Currently sitting on $36M profit (+387%) from $ai16z and $4.8M profit (+82%) from $ZEREBRO.… pic.twitter.com/4h2RWyBqgh
— Lookonchain (@lookonchain) January 2, 2025
This whale currently sits on an impressive $36 million in profits from AI16z and $4.8 million in profits from ZEREBRO. Such substantial gains demonstrate the growing confidence in the token’s potential, as investors may now start taking accumulative positions in anticipation of a further price rally.
What is ZEREBRO?
At its core, ZEREBRO is an autonomous AI system designed to create, distribute, and analyze content across decentralized platforms. Its developers reckon that the token operates independently of human oversight, generating hyperstition, a form of content blending fiction and reality.
According to a Forbes insight, this system engages audiences on various channels such as X, Instagram, Warpcast, and Telegram with high-entropy content that pushes the boundaries of traditional media.
The AI-powered crypto leverages an advanced protocol named Retrieval-Augmented Generation (RAG), which ensures content diversity and combats common issues like “model collapse,” a common degenerative effect in AI content models.
Moreover, the token’s decentralized interactions span multiple blockchains, including Solana, Polygon, and Bitcoin, reflecting it’s deep connection with the crypto community.
ZEREBRO’s rise in the market
December 2024 was a pivotal month for the crypto coin’s market presence. The token’s journey saw a significant boost when the HTX crypto exchange added the ZEREBRO/USDT spot trading pair on December 17, creating new opportunities for retail traders.
Just days later, the OKX exchange followed suit, launching perpetual futures trading for ZEREBRO, offering leverage options up to 50x. The impact of these exchange listings was immediate, with the coin’s 24-hour trading volume skyrocketing from an average of $5 million to over $192 million.
Crypto experts believe that its innovative approach to smart contracts and its scalability solutions may be pivotal to its long-term success.
1/ Why $ZEREBRO Could Be the Next $VIRTUAL with a 9x upside? If you missed $VIRTUAL, don't miss $ZEREBRO.With the upcoming launch of Zentients, $ZEREBRO has the potential to mirror the success of $VIRTUAL. Based on my analysis, there’s a strong case for a 9x upside from current… pic.twitter.com/F7uyZlRsnX
— intern.HL (@intern_HL) December 30, 2024
As of the latest reports, ZEREBRO has surpassed a market capitalization of $600 million. The token’s price surged by over 8% in a 24-hour period, reaching $0.6378. Over the last 30 days, it has witnessed a 120% price uptick and a 1,478,000% rise in two months, per CoinGecko data.
ZEREBRO 30-day trading chart. Source: CoinGecko
Its upward trend is clear, with analysts predicting further gains if the coin can maintain support above key level of $0.65. Should the token break these resistance points, it could see even higher prices and reach the $1 mark, though a rejection could lead to a correction back to lower support levels.
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