Assemble AI crypto gains 164% in a day – Here’s what happened!
Key Takeaways
Assemble AI crypto has erased part of its 275% gains printed on the 17th of July. But top whale holders with about 1 billion ASM tokens showed no sign of sell-off.
Assemble AI [ASM], a crypto news aggregation powered by AI agents, surged 164% at the time of writing.
The pump was part of the broader market rally following the passage of three key crypto bills in the U.S. House.
Source: ASM/USD, TradingView
The legislation-induced rally lifted the crypto market to $4 trillion market cap for the first time in history.
However, there was significant profit-taking on ASM a few hours later, as shown by the daily red candle on the chart as of press time.
Meanwhile, the recent trading volume and whale demand…
