According to Miles Deutscher, the AI sector last March offered easily identifiable winners like TAO, RNDR, and FET, which were strong proxies during the AI market surge. Similarly, initial meme tokens such as PEPE, WIF, and POPCAT showed similar patterns before the market became saturated. This highlights the need for traders to identify sectors where picking winners is straightforward and to recognize saturation points for timely exits (source: Miles Deutscher).

According to Lookonchain, a whale with $2 million in assets has recently purchased 3.9 million NEIRO tokens, valued at $276,000, over the past two days. This acquisition involved the exchange of various cryptocurrencies including 19.7 ETH ($48.3K), 695 BANANA ($25.5K), 180 million FLOKI ($21.6K), 4,600 RNDR ($21.5K), 12,000 FET ($13.4K), and 700 million PEPE ($5K). The move indicates a significant investment into NEIRO, potentially signaling positive sentiment or strategic positioning in this token.

According to @0xScopescan, a whale withdrew 2.5 million RNDR tokens, worth $15 million, from the OKX exchange and transferred them to the Wormhole bridge. This movement coincided with a 10% drop in the price of RNDR today. For more updates, follow @ScopeProtocol and @0xScopescan.

According to @CryptoMichNL, the current sentiment for altcoins is very negative, as their BTC valuations are hitting new lows. Historically, such conditions have led to significant price surges in altcoins. For instance, during the last similar period, SOL increased by 500%, FET by 650%, and RNDR by 300%. The expectation is that altcoins could experience similar gains this time.