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The AI Companions’ price plunged 12% in the last 24 hours to trade at $0.04716 as of 12.20 a.m. EST on trading volume that dropped to $3.88 million.
The newly launched token based on Binance Smart Chain emerged only weeks ago, and it has seen plenty of volatility throughout September. Initially, it surged to $0.080, but its price was rejected from this level, causing it to spend the last week or so fluctuating between $0.050 and $0.070.
The new price drop comes as a consequence of a wider market drop led by Bitcoin. However, it is slightly late, as BTC, ETH, and many other cryptocurrencies saw their sharp drop take place several hours before AIC.
By the time AIC reacted, the larger coins and tokens had already started to recover, which could work as a hint for what to expect from the token over the next several hours.
It is also worth noting that the project has been announcing partnerships and listings ever since it emerged, with the most recent one being a team-up with Crypto Banter, announced only yesterday. This is one of the most influential YouTube channels in the crypto space, as AI Companions itself described it.
🔔Crypto Banter Partnership📽️
We’re excited to announce that AI Companions is teaming up with Crypto Banter – one of the most influential YouTube channels in the crypto space!🎥
This is part of the ongoing mass marketing campaigns for AI Companions🚀
After reviewing AIC more…
— AI Companions (@AIV_Companions) September 16, 2024
Before that, the project noted that even Coinbase had its eye on the AIC token, as the exchange started tracking its performance.
It looks like Coinbase now also has their eyes on $AIC👀
One of the biggest exchanges in crypto is now tracking AI Companions🚀
We are on the cusp of something special🐦🔥
The horizons of what’s possible keep going up🔝
Go check it out for yourselves⏬…
— AI Companions (@AIV_Companions) September 14, 2024
AI Companions Price Prediction
AI Companions’ price has been spiking up several times in the past 24 hours in attempts to breach the resistance at $0.060. However, the token eventually slipped under the $0.055 level, which acted as a support, only for it to become a new resistance several hours ago.
This was a reaction to the bear market that started on Sunday, pushing crypto prices down throughout Monday. The AIC price lagged behind the rest of the market somewhat when it came to its reaction to market changes, but the sudden dip allowed it to catch up.
However, there are technical indicators that are giving signs of an upcoming price increase. For example, the token’s Bollinger bands have widened again, even though this is not a completely positive signal, given that the price is pushing the lower band furher down, rather than staying neutral or pushing the upper band higher up.
In addition to that, the project’s Relative Strength Index (RSI) value has sharply spiraled down into the oversold area, dropping to the value of around 23. This is a very bullish signal that is likey to cause many traders to start buying the AIC token massively.
Whenever the RSI drops below the value of 30, it means that the token is heavily oversold, and typically, it also signals a major drop in its price. This opens up an opportunity for the buyers to purchase large quantities of the token at a low price, and then watch as the demand pushes its value up, making them major profits along the way.
This, coupled with a recovering market, is providing perfect groundwork for AI Companions to skyrocket, likely within hours.
Promising Alternative To AI Companions
With the AI Companion’s price falling once again, it might be best to leave this asset to expert day traders and consider a safer, but still high-potential alternative.
One example could be Crypto All-Stars (STARS) — a new, innovative meme coin that could be a game-changer for meme coin staking.
Crypto All-Stars, which has already raised over $1.3 million, is introducing a new type of staking smart contract that allows users to stake all the major meme coins in one place.
Regular staking contracts only let crypto users stake the project’s native token, so Crypto All-Stars’ product, known as MemeVault, is a unique new development.
This has caused many crypto experts to speculate that Crypto All-Stars has massive potential, including a well-known crypto YouTuber, Jacob Crypto Bury.
The best part is that the token is still in the presale stage, so you can buy it at a low price. And while it remains in ICO, it is completely immune to the volatility of the crypto market.
In fact, its price only goes up as the ICO goes through different stages. Right now, STARS tokens sell for $0.0014477 apiece.
Its next price increase is in less than 2 days, leaving you just enough time to do your research and buy the token before that happens.
If you decide to make your move, you can buy STARS with crypto or card, with the crypto options including ETH, USDT, BNB, FLOKI, SHIB, PEPE, or DOGE.
Visit the official STARS website here.
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