The evolution of cryptos has been on edge in recent times as the industry has swelled with new inventions solving real-life use cases. After the traditional cryptos laid a strong foundation, the next-gen technologies like Decentralised Fianance (DeFi) and the Non-Fungible Tokens (NFTS) have embraced their own presence.
Presently, the space appears to have moved a step ahead with AI or Artificial Intelligence based tokens that have gained huge traction and acceptance.
AI tokens like SingularityNET (AGIX), Fetch.ai (FET), the Graph Token (GRT), etc, and many more have been on the rise. Moreover, the surging interest in the whales may be like the icing on the cake. As per the data, whales have been constantly accumulating FET tokens from November 10th to February 7th.
Further, these whales also extracted profits on Feb 09 & 10 and rebought the tokens on Feb 11 and currently hold 6.5 million FET.
Source: https://coinpedia.org/news/whales-show-interest-over-ai-token-which-they-accumulated-heavily-just-before-binance-paxos-fiasco/