Assemble AI crypto gains 164% in a day – Here’s what happened!
2025-07-18 21:03:33
Main Idea
Assemble AI (ASM) cryptocurrency surged 164% in a day, driven by the passage of key crypto bills in the U.S. House, with top whale holders accumulating over 100 million ASM tokens.
Key Points
1. Assemble AI (ASM) surged 164% at the time of writing, erasing part of its earlier 275% gains from July 17.
2. Top whale holders (with 100 million to 1 billion ASM tokens) accumulated over 100 million tokens in the past four days, signaling expectations of future rallies.
3. ASM's trading volume spiked to 58 million, marking a seven-month high and ranking second in 24-hour trading volume on CoinMarketCap.
4. The rally was triggered by the passage of crypto bills in the U.S. House, which lifted the crypto market to a $4 trillion market cap.
5. A decline in ASM's price could be a warning sign for late bulls, while wallets with below 100 million tokens cashed out part of their holdings.
Description
Top whale holders accumulated over 100 million ASM tokens this week.
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