AI16Z Soars Ahead of Bithumb Listing
AI16Z has surged by up to 22% today, ahead of its listing on South Korea’s Bithumb exchange.The token reached an intraday high of $0.305, marking a 200% increase from its monthly lows. Its market cap now exceeds $328 million.
The main driver behind this surge is BithumbS announcement to list AI16Z with a KRW trading pair. Trading will start at 6:00 PM KST, with deposits adn 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 fueled AI16Z’s rise, boosting the sector’s market cap by over 10% in the last 24 hours. NVIDIA’s recent launch of NeMo microservices, which aid in building smarter AI agents, has added to the excitement.
Technically, AI16Z has broken out of a bullish pennant pattern, a positive signal for traders.The 20-day EMA is poised to cross above the 50-day EMA, forming a golden cross. This suggests a potential uptrend. The SuperTrend indicator has also turned green, indicating positive momentum.
Based on these factors, AI16Z could target $0.44, a 48% increase from its current price. Some traders are even more optimistic, setting targets as high as $1.15, a 325% gain. As long as AI16Z stays above $0.188–$0.244, bulls could push it higher.
AI16Z’s debut on Bithumb could further boost its rally by exposing it to a larger user base.While it’s already listed on several major exchanges, this new listing could attract more South Korean investors.
