The crypto market has experienced a rebound today, with the uptick in trading activity signaling renewed investor interest. 

As market sentiment improves, several altcoins have recorded gains as they receive attention from market participants. Among the standout altcoins today are AI16z, B3, and PinLink, each showing significant price movements.

ai16z (AI16Z)

AI Agent token AI16Z is one of the altcoins trending today. It currently trades at $0.58, having surged 35% in price in the past 24 hours.

Beyond the broader market rally, AI16Z’s price surge is driven by a notable spike in whale activity. In an X (formerly Twitter) post, an on-chain analyst highlights a recent transaction, revealing that a particular whale address executed a massive $7.5 million swap. 

The transaction included the acquisition of  6.5 million AI16Z tokens at an average price of $0.5609. This large-scale accumulation signals strong investor confidence and adds to the bullish momentum surrounding the AI token.

If this momentum continues, AI16Z could break above $0.68 and target $1.21. 

On the other hand, if buying activity wanes, AI16Z could fall to $0.41. 

B3 (B3)

Newly launched Layer-3 coin B3 is another altcoin that has received significant attention today from traders and analysts alike. At the time of writing, the altcoin trades at $0.0063, up 34% in the past 24 hours. 

On an hourly chart, B3’s Relative Strength Index (RSI) is

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Author: Abiodun Oladokun