Altcoin rally again? AGT doubles in 3 hours, 5 addresses with 2x long positions see nearly $1 million in unrealized gains.

BlockBeats news, October 16, according to GMGN market data, the AI concept token AGT, which has been listed on Binance Alpha, experienced a rapid surge last night, with its price rising from $0.015 to $0.036 within 3 hours, an increase of over 100%.

Additionally, according to Lookonchain monitoring, 5 wallet addresses opened a 2x long position of 50.17 million AGT (approximately $1.7 million) on Aster, with an unrealized profit of about $887,000.

BlockBeats reminds users that related token prices are highly volatile, and investors should exercise caution.