After $ACT’s recent listing on Binance, a significant rally has taken off among AI-focused tokens on Solana. Just nine hours ago, Tars AI ($TAI) moved 17.9 million tokens, valued at around $2.65 million, to market maker Wintermute.
In addition, Spotonchain has reported unusual movements, with early $TAI holders transferring about 600 million tokens worth $95 million in the last 24 hours. This represents roughly 4% of $TAI’s circulating supply and 2% of its total supply, indicating potential shifts in token ownership.
The growing trend of AI tokens is also seen in other projects like Fetch.ai ($FET) and Lamden ($TAO), each gaining around 10% in the past few hours. A notable whale recently accumulated 380,000 $FET tokens for $508,000, adding to the rising interest in AI tokens.
Another whale wallet, 0x595a, bought 272,900 $FET tokens for $376,500, and now holds 398,800 tokens valued at $631,000. Despite the bullish trend, wallet 0x2ab2, with 496,800 $FET tokens valued at $786,100, has not yet sold, showing an unrealized profit of 35.5% ($219,200).
As whales continue to accumulate AI tokens, the market’s attention is drawn to these projects, sparking significant trading interest and potential price movements.
Disclaimer: This content does not constitute trading or investment recommendations. It’s essential to conduct your own research before purchasing any cryptocurrency or investing in any services.
