This Trader Missed Out On $41 Million In Profit With...No, Not Dogecoin—AI Meme Coins

Ai16z AI/USD and Zerebro ZEREBRO/USD—two prominent AI-related cryptocurrencies—cost a whale trader a substantial sum due to missed profit-taking opportunities.

What Happened: Lookonchain data highlighted the whale holding an unrealized profit of $40.8 million on Jan. 2, but the trader chose not to sell.

By Jan. 9, the trader sold ZEREBRO holdings, incurring a loss of $1 million, and on Feb. 3, offloaded 21.34 million AI16Z for $9.18 million, incurring another $1 million loss.

The past month has seen both AI16Z and ZEREBRO take heavy hits, with AI16Z down 78% and ZEREBRO losing 87%, eroding much of the gains they made earlier.

While trading meme coins can be volatile and timing the market is tricky, booking profits along the way is generally a safer strategy.

Also Read: Cathie Wood: ‘Bitcoin Is A Completely Different Animal,’ Regulations Are Necessary

Why It Matters: Despite the recent downturn, the AI crypto sector has shown resilience.

TylerD, a notable crypto trader, pointed out that even in the wake of Chinese tariffs, the AI sector saw a recovery on Feb. 3, with valuations rising 14% to $8 billion.

While down from their local highs, many of the sector's leaders ended in the green.

Furthermore, Ai16z's ElizaOS has gained significant attention, surpassing Solana Labs on GitHub in stars and contributors, with over 500 contributors now involved.

ElonMoney, another trader, cited Nansen data showing that whales are heavily accumulating Ai16z, suggesting that something major may be coming up.

He advised patience, believing that the project is setting up for further bullish momentum.

Both Ai16z and ZEREBRO are now ranked among the top five mindshare gainers in the AI crypto sector.

What's Next:

• AI in Cryptocurrency Trading: A Game Changer or Just Another Bubble?

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