Original title: The AI Dispatch #16 – Virtual Genesis Launches, Robotics, We’re Back/It’s so over
Original author: @castle_labs
Original translation: zhouzhou, BlockBeats
Editors note: This article discusses the market dynamics of AI tokens, especially the performance of some tokens such as $AVA, $FARTCOIN, and $PROMPT. The author mentioned that the AI token market is still full of uncertainty and the investment risk is high. Despite this, developers and market participants are still pushing for innovation, especially Coinbase may join some of the leading AI tokens. Virtuals and Genesis offerings are important developments that have received widespread attention.
The following is the original content (for easier reading and understanding, the original content has been reorganized):
Hope you enjoyed these green candles rally, dear readers. Now, its over! How ungrateful of us, arent we? The price bounces a little, back to support, and we start to worry again. Didnt the AI come back after a few green candles? Isnt it dead now? Are we no longer going straight up?
As usual, things are more complicated than they seem. Personally, I feel like the entry point is better now than it was last week, but worse than it was a month ago.
Unless you are playing the long-term holding game (which feels like asking for trouble?), there are always some interesting developments in the market.
Among these developments, priority should be given to developers who have been working hard to push forward over the past few months.
Definitely not like $ZEREBRO. If you missed the news, apparently, the developer has left.
Many people speculated that the main developer announced the end himself in a live broadcast?
Others believe that the video is fake and is just a move to create hype.
Dead or alive, I think we can still draw a few lessons from this situation:
Never give up on yourself: your mental health should be a priority. If you are struggling, talk to a friend, you are not alone.
Investing in any AI token, even the most mature ones, carries a higher risk than investing in other sectors. Most projects are only around for a few months at best. Therefore, holding onto these tokens for a long time will expose users to risks far higher than in more mature sectors.
Trading AI tokens is still primarily a narrative play. While betting on fundamentals (such as upcoming catalysts and upgrades) is still a good strategy, short-term strategies may reduce the impact of external risks.
Furthermore, the industry as a whole remains isolated from the influence of the wider market.
Looking forward to the next wave.
Tokens with the most market attention
What are the key focuses this week?
The total market value still hovers above $8 billion, having experienced a strong rebound last week, rising from $4-5 billion to $7-8 billion.
Solana ($2.8B), Ethereum ($2.61B), and Base ($2.5B) are getting closer in terms of market dominance, with very similar market caps.
I personally think that a possible differentiating factor is the possibility that Coinbase will wake up and eventually list some of the leading AI tokens.
Inevitably, the first to be listed will be Virtuals, likely to be followed by other major tokens from the ecosystem such as AIXBT and Vader.
This weeks winners:
$CLANKER: Unfortunately, mostly due to some dramatic events.
$AVA continues to move forward. Here are some new developments:
$FARTCOIN is a beta version of AI token. It performs well in smart money flow:
And in terms of social attention:
$PROMPT: After TGE, @AIWayfinder has gained more attention due to new developments, such as the newly added token details page:
$ANON: @HeyAnonai continues to focus on DeFai, launching new integration with @yearnfi:
Although @virtuals_io ranks among the tokens losing attention, this should mainly be interpreted as a reassessment after last week’s craze.
Focus on Virtuals
After the release of Virgen Points and Genesis, the Virtuals ecosystem seems to have found a new reaction, starting a flywheel effect in its ecosystem.
One of the main criticisms of Virtuals was that token sales were often snapped up, making it difficult for regular users to participate. This problem has been partially addressed by adjusting the Virgen Points mechanic to become a qualifying criterion for the Genesis sale.
$BIOS exceeded initial contributions by 50x at the time of the Genesis sale, and the new sale has performed steadily this week.
If you havent taken a deep dive into the Genesis launch yet, I highly recommend you do so, as it is one of the most important developments to happen in recent memory.
Here’s a detailed summary of the Genesis launch to help you get started:
More on the Genesis launch:
This weeks key updates and readings
@jinglingcookies provided a great introduction to robotics:
@Rewkang Robotics:
AI has been one of the main topics discussed at Token 2049:
iOS App Store Now Allows Crypto Payments — Is This a Big Unlock for AI Agent Consumer Apps?
Bittensor status:
Bittensor Summit:
How to interpret the $TAO indicator:
@0x Capx, an @arbitrum chain focused on AI:
Excellent Agent:
@sandraaleow Top 10 AI tools:
Key trends in AI:
@Meta and 0xprismatic on AI:
