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Home Price Analysis

AGIX, GPT Prices Plunge Due to Whale Transaction

Gary Flanders by Gary Flanders
2 years ago
AGIX, GPT Prices Plunge Due to Whale Transaction

Earlier today, Lookonchain, a platform specializing in on-chain analysis, took to Twitter to share some intriguing news. According to their data, a whale recently made significant transactions on a DEX, buying and selling large quantities of tokens. Specifically, the whale sold approximately 17.8 million SingularityNET (AGIX) for 7.86 million USDT at an average price of $0.44. Unfortunately, this move caused a dip in the price of AGIX.

AGIX price
AGIX price (Source: Lookonchain)

According to CoinMarketCap, AGIX has faced a challenging 24-hour period, with the cryptocurrency exchanging hands at $0.4241 following a 4.11% decline in price. Additionally, the altcoin has experienced a decline of over 15% in the past week.

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AGIX’s 24-hour trading volume is experiencing a downturn, landing in the red zone with a value of $101,947,203. This marks a decline of over 14% since yesterday. As for its market cap, AGIX stands at the exact value of $101,947,203. These figures indicate a challenging period for AGIX, and we will continue to monitor its performance closely.

According to Lookonchain’s recent Twitter post, the platform reported that the whale made another significant purchase of 20.34 million CryptoGPT (GPT) using 1.87 million USDT at an average price of $0.09. This time, the whale’s actions more favorably impacted the targeted cryptocurrency’s price.

GPT price
GPT price (Source: CoinMarketCap)

The latest market update reveals that GPT has surged by an impressive 6.20%, currently trading at $0.08771. This cryptocurrency has also demonstrated its resilience against Bitcoin (BTC) and Ethereum (ETH), with gains of 5.08% and 6.30%, respectively, over the past 24 hours. Furthermore, FPT’s trading volume has soared to $20,929,929, marking a remarkable 16% increase since yesterday. These figures indicate a promising outlook for GPT, and investors can expect to see continued growth shortly.

Disclaimer: The insights, perspectives, and data presented in this price analysis are published in good faith. Readers must conduct their own research due diligence. Any decision made by the reader is solely their responsibility, and Crypto Outlooks shall not be held responsible for any consequential or incidental harm or loss.

Tags: Price AnalysisSingularityNET (AGIX)
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Gary Flanders

Gary Flanders

Passionate writer who is keenly exploring crypto and Blockchain loves to know about new things and explore what is happening in the world. Cherishes writing, primarily about cryptocurrency and Blockchain.

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