AKE this coin is really crazy, skyrocketing 50% in just a few hours, from the opening price of 0.00044 to 0.0007. This kind of volatility is quite explosive in the crypto circle.
This project is focused on AI game development platform, claiming to enhance game development efficiency by a hundred times with AI agents. The concept indeed stands on two hot topics: AI and gaming. However, its market capitalization is only 15 million dollars, and fully diluted it would be 65 million, still an early-stage project.
From the data, the current price is 0.00069, having retreated slightly from the high of 0.7, but the funding rate remains positive, indicating that market sentiment is still bullish. However, one should note that the total supply is 100 billion tokens, with 22.8 billion currently in circulation, indicating significant unlocking pressure in the future.
My view is that such small market cap AI concept coins have large fluctuations and are more suitable for short-term operations. If you're already on board, you can take profit in batches while the hype lasts; for those wanting to get in, it's best to wait for a pullback to the 0.00055-0.0006 range before considering, and definitely avoid chasing the highs.
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