AI16Z Leads Market Gains with 8% Jump, but Rally’s Strength Is Questioned

Leading AI agent token AI16Z has emerged as the market’s top performer over the past 24 hours, experiencing an 8% price surge. Its trading volume during that period climbed 34%, totaling $452 million.  However, technical indicators suggest that this bullish momentum may be short-lived, as the AI16Z token rally seems fueled by speculative trading. AI16Z’s Rally Lacks Support An assessment of... source: https://beincrypto.com/ai16z-leads-market-gains/