- AIXBT is struggling to recover from a 50% drop, trading at $0.42 with critical support near $0.40.
- Best Wallet presale has raised $6.7 million, offering advanced Web3 tools like staking and cross-chain swaps.
- The $BEST token provides reduced fees, governance rights, and high APY staking, boosting its ecosystem appeal.
AIXBT, the AI-driven crypto influencer by VIRTUALS, is trying to bounce back after a sharp 50% drop over the past three days. The token is currently trading around $0.42, but the big question is: is this the bottom, or could we see further declines?
The broader market downturn hasn’t spared AIXBT, with Bitcoin (BTC) also struggling, dropping below $93,000. This bearish sentiment has dragged down most tokens, including AIXBT, which had little reaction to its recent spot listing announcement on Bybit. Traders appear to be waiting to see if BTC can recover or continue its downward slide.
AIXBT Price Action: Is This the Bottom?
The recent price action for AIXBT reveals some key levels to watch. Back in December, the token found support around $0.30, which fueled a rally to $0.65 before hitting resistance and reversing.
Currently, AIXBT is trading below its 100 MA near $0.46, with $0.40 acting as a potential support level. Recent spikes in trading volume suggest heightened activity, and a strong rebound from $0.40 could pave the way for a recovery toward $0.65. However, failure to push above the 100 MA might send the price back toward $0.30 or even lower. The $0.30 level remains critical—a break below this could signal deeper declines.
So, has AIXBT found its floor? It ultimately depends on support levels, volume trends, and the broader market’s trajectory. On a positive note, the AI narrative in crypto remains strong, providing some hope for a rebound.
Best Wallet: A Revolutionary Web3 Crypto Solution
While traders keep an eye on AIXBT and Bitcoin’s next moves, Best Wallet is emerging as a game-changer in the Web3 ecosystem. This next-gen crypto wallet has already raised $6.7 million in its presale, signaling growing interest in its innovative features.
Best Wallet aims to revolutionize asset management by offering tools that outshine traditional wallets like MetaMask and Trust Wallet. With support for 50+ blockchains and thousands of cryptocurrencies, it allows seamless asset management without KYC requirements. From cross-chain swaps to fiat off-ramps, Best Wallet is a versatile solution for crypto enthusiasts.
Key Features of Best Wallet:
- Upcoming Tokens Portal: Discover and invest in early-stage projects before they go mainstream.
- Exclusive iGaming Partnerships: Enjoy perks like free spins, loot boxes, and reduced transaction fees on partnered platforms.
- Staking Opportunities: Earn passive income with a 287% APY by staking $BEST tokens.
- Cross-Chain Swaps and Low Fees: Integrates with 200+ decentralized protocols for optimal rates and minimal fees.
The ecosystem revolves around the $BEST token, which offers exclusive utilities like reduced fees, governance rights, and higher staking rewards. Early investors can purchase $BEST during the presale for $0.023525, gaining access to premium features and potential long-term returns.
To buy $BEST tokens, users can connect their crypto wallets or pay with ETH, USDT, or fiat via the app or website. Best Wallet is available for download on Google Play and the Apple App Store, providing a secure and user-friendly platform to manage all crypto assets in one place.
