ai16z became the top Solana memecoin with a strong price rally extending to 2025.
Whales continue to purchase large volumes of ai16z, as per on-chain analyst platforms.
Ai16z memecoin is making new milestones by the day, with its relentless price rally for the past month. It even surpassed the recent Pudgy Penguins PENGU token market cap and raised to be the top memecoin on Solana with over $2.5 billion market cap.
Despite being new to the industry, ai16z made some significant moves starting with crossing the $2 billion market cap, rising to be top Solana memecoin, being the first among AI tokens to grab a spotlight. On top of the price rally and industry wide attention, the team behind ai16z announced plans to launch a layer1 blockchain and act as a blockchain hub for all AI crypto projects.
ai16z Token Price (Source: CoinMarketCap)
ai16z recorded daily, weekly, and monthly price surges of 30%, 180%, and 580% respectively at the press time. The token’s price rally accelerated for the past week since the announcement of its layer1 blockchain and token overhaul. While the market capitalization is $2.59 billion, with a 24% rise, trading volume rose by 60% in the last 24 hours.
ai16z Becomes the Top Solana Memecoin
The market cap of ai16z surpassed $2.5 billion, making it the top Solana memecoin. Ai16z even grabbed 4th position in the list of top memecoins, after Dogecoin, Shiba Inu, and Pepe. Being a promising project for AI crypto narrative, along with plans to offer real-time use cases, the token is drawing attention across various crypto communities.
Whales continue to accumulate $ai16z.wVbrpF…BYuA withdrew 1.86M $ai16z($3.95M) from #Gateio 4 hours ago and currently holds 10.21M $ai16z($22.86M).CoErvN…8DiS was created 22 hours ago and withdrew 9,317 $SOL($1.77M) to buy 955.5K $ai16z.Address:https://t.co/CSS7qWCcRS… pic.twitter.com/KtpQkUJn5L
— Lookonchain (@lookonchain) January 2, 2025
On-chain analytics platform Lookonchain reported whale accumulation of large volumes of ai16z several times this week. Based on its latest post on X, one whale withdrew 1.86 million ai16z tokens while still holding 10.21 million tokens. Another whale which was newly created, withdrew over 9,000 SOL tokens to purchase 955.5K ai16z tokens.
AI agents’ narrative has already been rising for the past couple of months, projecting to be a dominating trend in 2025. While the integration of AI technology into blockchain is bringing new innovation to the industry, AI-related crypto tokens are growing into dominating players of the market.
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