The price of AI Companions (AIC) rose 37% over the last 24 hours, a move largely attributed to accumulation by large holders rather than broad market participation. The token is now trading above key support at $0.035 as of May 20, 2026.
An analysis of supply distribution data shows that wallets holding more than $5 million worth of AIC now control 55.78% of the total supply, according to a report from AMBCrypto. This sharp concentration points to increased activity from large holders, or “whales,” who appear to be actively accumulating the token. Such a pattern often precedes a broader market rally, with large investors moving first.
Despite the significant price increase, key on-chain metrics show that retail participation has remained muted. This creates an imbalance where the price is moving upwards without a corresponding expansion in the number of active traders. In most sustained rallies, a follow-through from smaller investors is a key component for continued momentum.
The current rally's structure makes it dependent on future participation. If retail traders begin to enter the market, the upward trend could find a more solid foundation. Without this broader support, the rally risks losing momentum once the initial buying pressure from whales subsides. The next technical resistance level for the token is at approximately $0.0435.
This article is for informational purposes only and does not constitute investment advice.