BTCC
/
BTCC Square
/
Global Cryptocurrency
/
AICoin AI16Z Surges 16% as Long Positions Take the Lead
AICoin AI16Z Surges 16% as Long Positions Take the Lead
11
1
AICoin AI News - AI16Z has experienced a significant price increase, rising by 16.5% as demand for long positions dominates the market. The altcoin climbed from $0.129 to $0.157 within the last 24 hours, reflecting strong bullish momentum. Trading volume for the memecoin also grew by 16.31%, reaching $118.4 million, while Open Interest surged 17.8% to $61.19 million. These indicators suggest investors are strategically positioning themselves with long bets ahead of potential market movements. However, the high concentration of long positions raises the risk of a long squeeze, which could trigger sharp reversals if sentiment shifts.
By:
Previous
Crypto Exec Blasts BIS Over Dangerous Crypto Regulation Views
Next
Breakout Projects of 2025? Qubetics, Sonic, and Terra Classic Heat Up Investment Debate
