Crypto Pulse——1/2 Market Trends and Hot Project Analysis

Preface
Bitcoin and Ethereum have dropped by 1.08% and 1.05% respectively in the last 24 hours, with current prices at $94,992 and $3,388, and the ETH/BTC exchange rate at 0.036. The Crypto Fear & Greed Index stands at 70, reflecting a state of greed.

Market Trending

During the New Year’s holiday, the market experienced a downward fluctuation. Continuous selling pressure pushed Bitcoin below $93,000 at its lowest point, followed by support from the reliable $91,000–$92,000 range. The market is currently consolidating, with Bitcoin oscillating between $94,800–$95,100. The 10-day, 20-day, and 30-day Simple Moving Averages (SMA) and Exponential Moving Averages (EMA) are all signaling a bearish trend, showing downward movement. The price range is narrowing, suggesting consolidation with no clear reversal in sight. Altcoins followed Bitcoin’s decline during the holiday period but saw a general recovery, with most rising 5%. Tokens like XLM, XRP, and IOTA, as the main drivers of this correction, all rose by over 15%.
The market has focused on AI-related tokens: AI concept tokens saw a significant rise, with AI16Z gaining over 36% in the last 24 hours, breaking a new historical high. Its market cap has now surpassed $2.4 billion, becoming the first AI Agent token to exceed a $2 billion market cap. The AI16Z ecosystem token ELIZA rose by more than 16% in the last 24 hours, now priced at $0.1474, nearing its historical high. VIRTUAL surged by over 20%, priced at $4.75, and FAI increased by 41.4%, now priced at $0.04616.

Daily Spotlight

Today’s spotlight is AI16Z, which saw a 36.1% increase in the last 24 hours.
ai16z (AI16Z), launched in October 2024, is a decentralized autonomous organization (DAO) controlled by the AI agent Eliza. The project simulates the role of venture capitalist Marc Andreessen, managing an autonomous wallet and making investment decisions through AI and community interaction. The developers also created a chatbot, degenai, which serves as an auxiliary for providing advice in the ai16z Telegram and Discord groups. Users holding over 100 ai16z tokens can join the group and interact with Marc to recommend investment projects. The weight of investment advice depends on the number of tokens held and the historical success rate of a user’s recommendations.
AI16Z has surged by 36% in the last 24 hours, breaking a historical high and reaching a market cap of $2.4 billion, becoming the first AI Agent token to break the $2 billion market cap milestone.
Check Out the Latest Prices, Charts, and Data of AI16Z/USDT Spot and AI16ZUSDT Perp!

The Word on the Street

ai16z Considers Major Tokenomics Overhaul and Launching a Layer1 Blockchain Reports indicate that the AI agent platform ai16z is exploring adjustments to its tokenomics and may launch a Layer1 blockchain. The team has had preliminary discussions with contributors about enhancing the token’s value accumulation. Measures under consideration include staking mechanisms that provide benefits to token holders, such as early access to new features and sharing platform fees. Furthermore, according to a document shared by contributors, ai16z may consider launching a Layer1 blockchain tailored for AI applications.
The latest governance proposals for ai16z also include a phased reform of its tokenomics. In the first quarter of 2025, it plans to launch a token launchpad similar to pump.fun. This platform could serve as the central hub for deploying AI projects based on its Eliza framework, making its native token the base currency for interactions between agents. The launchpad is expected to incorporate various value-capturing mechanisms, including launch fees, ai16z token staking access, and strategic liquidity pool pairs. Although the DAO aims to promote governance, ai16z is not entirely run by the DAO. While the development team emphasizes collaboration and an open-source approach, the core development team still holds significant influence over the platform’s direction.

Project Airdrop

The sixth airdrop of Optimism has been confirmed to take place between February and March 2025. Participating in the “Optimism Superchain x Layer3” tasks will earn substantial rewards, and the task will run until January 13, 2025. Actively and consistently using the superchain (2-3 times per week) is key to qualifying for top-tier rewards. To claim the rewards, L3 tokens are required, but ETH fees can be used as a substitute.