AI coins have faced a rough patch lately, but savvy investors are quietly stocking up on Virtuals Protocol (VIRTUAL), GrokCoin (GROKCOIN), and AI Rig Complex (ARC). Despite significant price drops, these three projects are witnessing increased interest from experienced traders, hinting at a potential comeback.
VIRTUAL has seen a 53% dip in the past month, while ARC and GROKCOIN have experienced declines of 68% and 33% respectively. Nonetheless, data from blockchain transactions indicates growing accumulation. Should the momentum pick up, these AI coins could bounce back to crucial levels, although a further downturn remains a looming possibility if the sector fails to regain strength.
Virtuals Protocol (VIRTUAL), once a leading AI coin, has been on a downward spiral, shedding over half its value in the last month. Despite this downturn dampening market sentiment, signs of smart money wallets accumulating suggest a glimmer of hope for a potential turnaround.
Within the previous week, 21 smart money wallets have collectively poured $213,430 into VIRTUAL, signaling a resurgence in confidence among seasoned traders. This uptick in accumulation could signify an imminent shift in trends, but a sustained recovery will require reclaiming key resistance levels.
GrokCoin (GROKCOIN), a meme coin propelled by Elon Musk's AI idea, Grok, skyrocketed in popularity before facing a 33% drop in the last 24 hours. Despite this setback, the interest from 54 smart money wallets accumulating $133,049 in GROKCOIN over the past week hints at a potential comeback. To reverse its current downward trend, GROKCOIN would need to challenge resistance levels at $0.0026 and possibly aim for $0.0033 in a stronger upward push.
AI Rig Complex (ARC) has taken a beating in the recent AI coin correction, recording a 68% decline in the last month. Despite trading at its historical lows, 14 smart money wallets have strategically gathered $47,275 in ARC over the past seven days, suggesting an uptick in accumulation.
Should ARC regain momentum, it could target $0.0063 and $0.0074, marking a significant recovery. However, a sustained upswing will hinge on reclaiming market attention, while levels at $0.0055 and $0.0050 will be crucial supports. A break below these levels could potentially drag ARC down to $0.0039.