Cryptocurrencies such as Ai Companions, Adventure Gold and Acala were among the best performing cryptocurrencies on Monday.
AI Companions (AIC), which develops a virtual companionship platform, rose for the second straight day to hit a high of $0.1727 – its highest level in over a week. AIC’s increase is due to continued momentum in artificial intelligence and the expected growth of the virtual society industry, which is expected to reach $9.5 billion in 2032.
Adventure Gold (AGLD) also rose for two consecutive days in a high-volume trading environment, reaching a high of $3.03. The token has been one of the best-performing cryptocurrencies this year, rising nearly 400% from its August lows. This rally has pushed AGLD’s market cap to over $227 million and 24-hour trading volume to $1.3 billion.
Acala (ACA) continued its upward trend and reached a high of $0.12 – a 155% increase from this year’s low. The rally comes as the Polkadot (DOT) network continues to perform strongly and its total value has risen to over $111.4 million.
These tokens posted double-digit gains as crypto industry sentiment remained subdued and volumes declined. Bitcoin crashed below $94,000, meaning it is down 15% from its peak this year…