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Showing posts with the label parabolic gains

Ai16z Price Prediction: AI16Z Set A New All-Time High After A16z Executive Nod, But Experts Say Consider This New Meme Coin For Parabolic Gains

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The Ai16z price soared 10% in the last 24 hours to trade at $0.444 as of 11:27 p.m. EST on trading volume that rose 20% to $72 million. The token rose to its all-time high (ATH) of $0.5174 after a top executive at venture firm a16z acknowledged the project in a post on the X platform. 😳 erm, partners? you're gunna wanna see this https://t.co/eJ5o6jZtAC pic.twitter.com/MrUON6uFdG — ai16z (@ai16zdao) November 18, 2024 In the post, Eddy Lazzarin, a16z Crypto’s chief technology officer, tipped an ongoing dialogue between the venture firm and eponymous ai16z DAO. Ai16z price On A Sustained Bullish Rally The Ai16z price has formed a parabolic uptrend, which is evident from the steep rise following a consolidation phase around $0.05, according to data from GeckoTerminal . This kind of price action often suggests a high level of market interest and momentum. AI16Z now trades above the 50-day Simple Moving Average (SMA), which shows that the asset is on a sustained ...