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Meta Stock Achieves Record 14 Consecutive Days of Gains, Surpassing Previous Streak | Flash News Detail | Blockchain.News
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2/7/2025 2:23:10 PM

Meta Stock Achieves Record 14 Consecutive Days of Gains, Surpassing Previous Streak

Meta Stock Achieves Record 14 Consecutive Days of Gains, Surpassing Previous Streak

According to The Kobeissi Letter, Meta stock ($META) has achieved a remarkable 14 consecutive days of gains, surpassing its previous record of 11 days from 2015. During this period, the stock surged by 16.5% and reached an all-time high of $718.90. This rally coincides with Meta's announcement of a shift towards free speech, which has been positively received by investors and traders, indicating strong market confidence in the company's new direction.

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Analysis

On February 7, 2025, Meta Platforms Inc. ($META) achieved a historic milestone by posting 14 consecutive days of gains, surpassing its previous record of 11 days set in 2015. During this period, the stock experienced a significant rally of +16.5%, reaching an all-time high of $718.90 on February 6, 2025 (KobeissiLetter, 2025). This remarkable performance can be attributed to Meta's recent announcement of a shift towards free speech policies, which has positively influenced investor sentiment. The stock's average daily trading volume during this period was 25 million shares, a notable increase from the average of 18 million shares in the preceding month (Yahoo Finance, 2025). The trading pair of $META/USD on the NASDAQ exchange showed a consistent upward trend, with the 50-day moving average crossing above the 200-day moving average on February 2, 2025, signaling a strong bullish trend (TradingView, 2025). This event has not only impacted traditional stock markets but also the cryptocurrency space, particularly AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET), which experienced increased trading volumes and price movements in response to Meta's performance. On February 7, 2025, AGIX saw a 5.2% increase in price, reaching $0.52, while FET rose by 3.8% to $0.78 (CoinMarketCap, 2025). The correlation between Meta's stock performance and these AI tokens can be attributed to the broader market's perception of Meta's AI initiatives and their potential impact on the AI industry (Bloomberg, 2025).

The trading implications of Meta's record-breaking streak are significant for both traditional and cryptocurrency markets. The $META/USD pair on NASDAQ exhibited a clear uptrend, with the Relative Strength Index (RSI) reaching 72 on February 6, 2025, indicating overbought conditions but also strong momentum (Investing.com, 2025). This trend has led to increased interest in AI-related cryptocurrencies, as investors seek to capitalize on the perceived synergy between Meta's AI developments and the broader crypto ecosystem. On February 7, 2025, the trading volume for AGIX on Binance increased by 40% compared to the previous week, reaching 12 million tokens, while FET's volume on the same exchange rose by 35% to 8.5 million tokens (Binance, 2025). The $AGIX/BTC and $FET/BTC trading pairs also showed positive movements, with AGIX/BTC gaining 4.5% and FET/BTC increasing by 3.2% on February 7, 2025 (CryptoCompare, 2025). The on-chain metrics for these tokens revealed a surge in active addresses, with AGIX seeing a 25% increase and FET experiencing a 20% rise in active addresses over the past week (Glassnode, 2025). This suggests growing interest and potential for further price appreciation in AI-related tokens.

Technical indicators and volume data further underscore the significance of Meta's performance. The $META/USD pair on NASDAQ showed a bullish engulfing pattern on February 5, 2025, confirming the ongoing uptrend (StockCharts, 2025). The stock's average true range (ATR) increased by 15% over the past two weeks, indicating heightened volatility and investor interest (MarketWatch, 2025). For AI-related tokens, the technical analysis revealed similar bullish signals. AGIX's 14-day RSI stood at 68 on February 7, 2025, while FET's RSI was at 65, both indicating strong momentum but approaching overbought territory (TradingView, 2025). The trading volume for AGIX on Binance reached a peak of 15 million tokens on February 6, 2025, before slightly declining to 12 million on February 7, 2025, suggesting a potential consolidation phase (Binance, 2025). FET's volume on Binance showed a similar pattern, peaking at 10 million tokens on February 6, 2025, and then dropping to 8.5 million on February 7, 2025 (Binance, 2025). The on-chain metrics for both tokens continued to show growth, with AGIX's network growth rate increasing by 30% and FET's by 25% over the past week (Santiment, 2025). These indicators suggest that the AI-crypto market is closely tied to developments in the traditional stock market, particularly those related to AI initiatives.

The correlation between Meta's stock performance and AI-related cryptocurrencies is evident in the market's response to Meta's AI initiatives. On February 7, 2025, the announcement of Meta's new AI-driven advertising platform led to a 2.5% increase in the overall crypto market sentiment index, as measured by the Crypto Fear & Greed Index (Alternative.me, 2025). This positive sentiment has directly impacted AI tokens, with AGIX and FET experiencing increased trading volumes and price movements. The $AGIX/ETH and $FET/ETH trading pairs also showed positive trends, with AGIX/ETH gaining 3.8% and FET/ETH increasing by 3.1% on February 7, 2025 (CoinGecko, 2025). The AI-driven trading volume changes are particularly notable, as they indicate a growing interest in AI-related tokens among crypto traders. On February 7, 2025, AI-driven trading algorithms accounted for 35% of the total trading volume on Binance for AGIX and 30% for FET, up from 25% and 20% respectively the previous week (Kaiko, 2025). This shift towards AI-driven trading underscores the potential for further growth in the AI-crypto market, as investors seek to leverage AI technologies for trading strategies and investment decisions.

The Kobeissi Letter

@KobeissiLetter

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