Sometimes the difference between security and compromise comes down to a single click – and a healthy dose of suspicion. And it’s because scammers are getting increasingly sophisticated with their phishing attempts. It’s to the point where even following standard security best practices isn’t enough to protect you. Case in point: last week’s near-successful phishing attack on Zach Latta.
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AI Tokens Lead Gains As AIXBT Jumps 17% | Meme Coins To Watch Today
AI meme coins led the rally, with AIXBT surging 17% despite a quiet broader market. This bullishness suggests AI memes still have strong investor interest.
BeInCrypto has analyzed two additional AI meme coins for investors to watch today, highlighting their potential price directions.
aixbt (AIXBT)
- Launch Date – November 2024
- Total Circulating Supply – 929.34 Million AIXBT
- Maximum Supply – 1 Billion AIXBT
- Fully Diluted Valuation (FDV) – $208.11 Million
- Contract Address – 0x4f9fd6be4a90f2620860d680c0d4d5fb53d1a825
AIXBT price surged nearly 17% in the last 24 hours, currently trading at $0.210. The AI meme coin is trying to hold $0.209 as a support floor, aiming to stabilize its recent gains and build momentum for a potential further rally.
Despite recent gains, AIXBT has faced resistance at $0.209 several times, breaking it only once. The Parabolic SAR indicator above the candlesticks signals a possible decline, suggesting caution as the price struggles to maintain upward momentum.
If broader market conditions remain weak, AIXBT could drop back to support at $0.166. However, securing $0.209 as support might fuel a rally toward $0.227, invalidating bearish concerns and signaling renewed buying interest.
ai16z (AI16Z)
- Launch Date – October 2024
- Total Circulating Supply – 1.09 Billion AI16Z
- Maximum Supply – 1.09 Billion AI16Z
- Fully Diluted Valuation (FDV) – $348.54 Million
- Contract Address – HeLp6NuQkmYB4pYWo2zYs22mESHXPQYzXbB8n4V98jwC
ai16z experienced volatility in the last 24 hours, dipping to an intra-day low near $0.260 before rebounding. Since then, the meme coin has surged 21%, showing resilience amid market fluctuations and renewed investor interest.
The Chaikin Money Flow (CMF) indicator shows a sharp uptick, signaling strong capital inflows. This boost supports ai16z’s price rise, with the altcoin aiming to break the $0.342 resistance and potentially reach $0.380 if the momentum continues.
However, selling pressure could disrupt this trend. If ai16z fails to breach $0.342 or faces heavy investor sell-offs, the price might drop toward the $0.256 support level from its current $0.317, weakening the bullish outlook.
Small Cap Corner – VaderAI by Virtuals (VADER)
- Launch Date – November 2024
- Total Circulating Supply – 996.73 Million VADER
- Maximum Supply – 1 Billion VADER
- Fully Diluted Valuation (FDV) – $41.54 Million
- Contract Address – 0x731814e491571a2e9ee3c5b1f7f3b962ee8f4870
VADER gained 8% in the last 24 hours, trading at $0.0415 while attempting to hold $0.0385 as support. With over 215,690 holders, the meme coin has attracted attention since early May, showing growing interest among investors despite volatility concerns.
Investors should be cautious as VADER lacks a transaction tax limit, allowing the contract owner to change terms at will. The next key resistance level is $0.0510. The Relative Strength Index (RSI) remains in the bullish zone, indicating potential upward momentum for the meme coin.
If VADER fails to maintain support at $0.0385, the price could drop to $0.0340 or lower at $0.0286. Such a decline would invalidate the current bullish outlook, signaling increased selling pressure and potential losses for holders.
The post AI Tokens Lead Gains As AIXBT Jumps 17% | Meme Coins To Watch Today appeared first on BeInCrypto.
Bitcoin Surpasses Previous ATH Of $73,777- What $78,777 Target Means For BTC Traders
Bitcoin (BTC) made a notable breakout on Wednesday, surpassing its previous all-time high of $73,777, as Republican nominee Donald Trump…
Crypto Market Loses Over $1 Billion as Israel Attacks Iran
Earlier today, Israel launched a ‘pre-emptive strike’ on Tehran and declared a state of emergency. This rapid escalation of the conflict drove the crypto market into a freefall.
Over the past 24 hours, total liquidations amounted to $1.15 billion. Additionally, the overall market is down by 6.6%.
Crypto Market Plunges Amid Israel-Iran Conflict
According to CNN, Israel’s strikes targeted Iran’s nuclear program and missile capabilities, affecting dozens of locations. The attack reportedly eliminated Iran’s top military leaders and senior nuclear scientists. It was confirmed that General Hossein Salami, the Commander-in-Chief of Iran’s Islamic Revolutionary Guard Corps (IRGC), was killed.
“Iran’s state television says Deputy Commander in Chief of all Armed Forces, General Gholam Ali Rashid, has been killed, along with nuclear scientist Fereydoon Abbasi,” The Kobeissi Letter posted.
To prepare for potential retaliation, Israel has declared a state of emergency, closing schools, banning gatherings, and mobilizing tens of thousands of soldiers.
Furthermore, Iran is preparing a ‘lethal‘ response against Israel following the attacks. It has already appointed General Vahidi, the former head of the Quds Force, as the new commander of the IRGC.
Admiral Habibollah Sayyari has succeeded the late General Bagheri as the acting Commander-in-Chief of the Armed Forces of the Islamic Republic of Iran.
The rising tension between the two nations has caused significant turbulence in the market. Dow Jones Industrial Average futures fell by 1.3%, S&P 500 futures dropped 1.4%, and Nasdaq 100 futures plunged by 1.6%.
Meanwhile, the crypto market wasn’t spared. Earlier on Thursday, BeInCrypto reported that any escalation in the Iran-Israel conflict would significantly impact the crypto market due to FUD. This materialized as the latest data showed that the crypto market depreciated by 6.6%.
Nine of the top ten coins saw losses over the past day. Bitcoin (BTC) nosedived from over $108,000 to $104,112. However, altcoins suffered the harshest blow.
Solana (SOL) lost nearly 10% over the past day. Ethereum (ETH) trailed closely with a 9.3% downtick. Among the top 100 coins, Fartcoin (FARTCOIN) and Ethena (ENA) stood out for double-digit losses of 17.3% and 15.9%, respectively.
These declines forced 247,769 traders out of their positions over the past 24 hours. According to Coinglass data, $1.15 billion has been liquidated from the crypto market.
Bitcoin faced $427.75 million in long and $19.10 million in short liquidations. Ethereum followed with $244.74 million in long liquidations and $43.57 million in short liquidations, highlighting the scale of market turmoil.
Nonetheless, the conflict drove oil and gold up. Oil prices spiked by more than 10%. U.S. West Texas Intermediate rose to $74.99 per barrel, marking a 10.21% uptick.
The global benchmark Brent increased by 10.28% to $76.48 per barrel. Gold also gained 1.2% to reach $3,426.
Analysts Divided Over Israel-Iran Conflict’s Impact on Crypto
As Iran prepares for retaliatory actions, it’s clear that the impact will be felt across markets. Amid this volatility, the cryptocurrency market, particularly Bitcoin, has become a focal point of debate among analysts.
Opinions are sharply divided on its role as a “digital gold” during geopolitical crises. Veteran economist Peter Schiff argued that Bitcoin’s price drop contrasts starkly with gold’s rise as investors sought safe havens.
“Bitcoin’s failure to rise against gold—despite over 3.5 years of hype, including a dozen ETFs, Super Bowl ads, El Salvador, NFTs, tens of billions of leveraged buying by MSTR, other Bitcoin treasury companies, the election of a Bitcoin president, and the establishment of a Bitcoin Strategic Reserve—is strong evidence that the bubble has peaked,” Schiff said.
Another analyst echoed his view, claiming that Bitcoin is not a safe haven but more akin to a tech stock.
“It is important to understand that Bitcoin shows its true colors as Israel attacks Iran. It is not an alternative-currency, it is not a safe haven, it is a risk asset, just like another tech stock, that will decline when the market goes to a risk-off posture,” the post read.
However, crypto advocate Anthony Pompliano maintained an optimistic outlook. Drawing parallels to an earlier incident when Iran launched 300 missiles at Israel, Pompliano noted that Bitcoin rebounded to outperform both oil and gold.
“Bitcoin ended up outperforming the other two over the first 48 hours in that situation. Will be interesting to see what happens here,” Pompliano stated.
Moreover, a recent BlackRock report revealed that while Bitcoin may underperform in the short term during geopolitical shocks, it has historically rallied double digits within 60 days post-crisis, outpacing gold and equities.
Despite immediate market jitters, this suggests a longer-term bullish outlook for the cryptocurrency. Still, the divide reflects broader uncertainties about Bitcoin’s maturity as an asset, with gold’s millennia-long stability pitted against Bitcoin’s 16-year track record. As markets stabilize, analysts will closely monitor price movements, with some betting on Bitcoin’s recovery and others clinging to gold’s proven reliability.
The post Crypto Market Loses Over $1 Billion as Israel Attacks Iran appeared first on BeInCrypto.