AI16Z Soars Ahead of Bithumb listing
AI16Z, an agentic AI crypto, surged by up to 22% today. This spike comes as the token prepares for its listing on South Korea’s Bithumb exchange. According to crypto.news, AI16Z reached an intraday high of $0.305 on April 29, marking a 200% increase from its monthly lows. Its market cap now exceeds $328 million.
The main driver behind this surge is Bithumb’s announcement of a KRW trading pair for AI16Z. Trading will start at 6:00 PM KST, with deposits and withdrawals already open on the Solana network. The listing price is set at 389 KRW ($0.287).
Investor interest in agentic AI coins has also risen, boosting the sector’s market cap by over 10% in the last 24 hours. NVIDIA’s recent launch of NeMo microservices, wich aid in building smarter AI agents, has added to the excitement.
Technically, AI16Z has broken out of a bullish pennant pattern. The 20-day EMA is poised to cross above the 50-day EMA, forming a golden cross—a strong bullish signal.The SuperTrend indicator has also turned green, indicating positive momentum.
Traders are optimistic, with some setting targets as high as $1.15. As long as AI16Z stays above $0.188–$0.244, a move toward $1.15 is possible. The Bithumb listing could further fuel this rally by exposing the token to a broader audience.