The popular meme coin ai16z is getting ready for its makeover as Binance will rename the token as elizaOS on November 6. Trading volumes doubled amid the news, favoring a bullish ai16z price prediction in the near term.
Ai16z has booked a 27% gain in the past 24 hours after Binance’s announcement. This rebrand was announced months ago to detach the project from the popular crypto-focused venture capital firm named a16z by Andreessen Horowitz.
In the past 7 days, the token has gained 34%, yet its year-to-date losses are still huge at 95%.
ElizaOS evolved from an AI agent to a platform through which agents can be created, tokenized, and marketed to the community.
The project aims to compete with sector leaders like Virtuals Protocol. However, it is still in an early stage of its development.
Ai16Z Price Prediction: Potential 338% Gain Ahead as Positive Momentum Accelerates
At some point, ai16z reached a market cap of $2.6 billion. At the time of writing, its market value sits at just $86 million. Can it make it back to the top?
The daily chart shows that AI16Z has managed to stay within its price channel after a bear trap and could now be heading toward a breakout if it manages to climb above $0.10 within the next few days.
The Relative Strength Index (RSI) shows that positive momentum is accelerating, upon climbing above the 14-day moving average.
The next stop for ai16z, if that breakout happens, would be $0.20, followed by a much stronger push toward $0.32. This translates into a 339% total upside potential if bullish momentum continues to gain steam.
Cryptos are expected to make a comeback following the Fed’s rate cut. The best crypto presales could reap the highest returns once the recovery starts.
One of the most likely candidates to get a boost is SUBBD ($SUBBD). This project aims to create a better home for creators by merging AI and Web 3.
SUBBD ($SUBBD) Revolutionizes the Creators’ Economy with an AI-Powered Content Platform
SUBBD ($SUBBD) is redefining how creators make and share content by fusing AI tools with the decentralized nature of Web3. Instead of hopping between multiple platforms for writing, video editing, and monetization, creators can do it all within one ecosystem — all powered by the $SUBBD token.
The platform lets influencers generate, edit, and publish AI-generated videos and other digital content easily, and uses the $SUBBD token to streamline payments.
With built-in AI creators and personal assistants, SUBBD expedites every step of the creative workflow. The project has raised $1.3 million in a heartbeat, underscoring investors’ growing appetite for promising tokens like $SUBBD in this part of the cycle.
To buy $SUBBD before the next price increase, simply head to the official SUBBD website and link up your wallet (e.g. Best Wallet).
You can either swap USDT or ETH or use a bank card to complete the transaction.
The post ai16z Price Prediction: ai16z Rebrands to ElizaOS, Price Pumps 6% – Are Holders in for a Treat? appeared first on Cryptonews.
