Swarms (SWARMS) have witnessed a 41.1% rise in the last 24 hours, propelled by four crypto whales’ investment of $2.258 million into the coins.
These big investors’ activities highlight a rising market belief in the potential of this AI crypto coin, signifying the ongoing bull run associated with it. The recent popularity of this AI agent token and the ongoing whale buying spree show rising interest and confidence in its future price.
Whales buy propel SWARMS to rally 41.1%
On January 6, crypto analyst AI reported that four whales bought $2.258 million worth Swarms tokens today. These accumulations have helped to push the price of the token and its market cap higher. Swarms price is currently trading at $0.4193, up 41.1% over yesterday. Its market valuation has also risen by 38.94%, currently standing at $433.18 million, making it the 222th largest virtual currency in the entire crypto ecosystem.
These whales have highlighted massive confidence in the new cryptocurrency. Their activities signify the increasing demand for the new coin among large crypto holders.
Such continuous purchases signal enthusiasm for the token’s potential boosted by AI’s increasing popularity in the crypto world.
SWARMS price updates
Swarms price has been up 666.3% in the last seven days, meaning it is outperforming the global digital asset market which is up 8.40% currently. It is also outperforming when compared to other related meme coins, which are up 21.60% in the past week. It was launched two weeks ago and is already one of the leading cryptos, according to its market performance.
Swarms is an AI-driven meme coin created by developer KYE. At first, the coin was not doing well. It started gaining traction following the co-founder of AI16z, Shaw’s criticism of it. On December 29, Shaw posted a tweet that accused Swarm developers of stealing others’ achievements. The tweet directly targeted Swarms developer KYE.
While this comment caused SWARMS to experience a short price decline, it triggered community interest. As a result, online community engagements and Swarms, being an AI token, made it experience massive adoption and price increases.
The new AI meme coin has become a haven for savvy investors. Riding on the success of its predecessor ARC, the well-known SWARMS witnessed instant market adoption for its narrative without hesitation.
This rising interest is associated with increasing whale interest, highlighting AI tokens’ capability. SWARMS’ impressive performance also has been fueled by its recent listing on prominent crypto exchanges, Binance and Bitget. Its unique blend of AI and meme coin is what drives massive demand from big crypto holders.
Smart investors are seriously investing in AI tokens like ai16z, Virtuals Protocol, SWARMS, and others. These AI agents are gaining popularity due to their ability to allow users to generate unparalleled investment opportunities, simplify decision-making, and improve online productivity. Market experts anticipate the narrative associated with AI cryptocurrencies to continue seeing growth throughout 2025.
Whales are buying SWARMS because they believe in the token’s potential to lead to massive gains soon. The key to success lies in the AI’s ability to amplify returns.
