From Virtuals to FARTCOIN, how to plan for the next wave of DeAI?

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Title: The AI Dispatch #16 - Virtual Genesis Launches, Robotics, We're Back/It's so over

Author: @castle_labs

Translated by: zhouzhou, BlockBeats

Editor's Note: This article discusses the market dynamics of AI tokens, particularly the performance of tokens like $AVA, $FARTCOIN, and $PROMPT. The author mentions that the AI token market remains uncertain with high investment risks. Nevertheless, developers and market participants continue to drive innovation, especially with Coinbase potentially listing some leading AI tokens. Virtuals and Genesis launch have been significant developments attracting widespread attention.

Original Content (slightly edited for readability):

Dear readers, hope you enjoyed the green candle rally. Now, everything is over! We're ungrateful, right? Prices slightly rebounded to support levels, and we're worried again. Wasn't AI supposed to come back after a few green candles? Isn't it dead now? We're not mooning anymore, right?

As always, things are far more complex than they appear. Personally, I think the entry point now is better than last week, but worse than a month ago.

Unless you're playing long-term hold (which feels like asking for trouble?), there are always interesting developments in the market.

Among these developments, one should prioritize developers who have continued to work hard over the past few months.

Absolutely not like $ZEREBRO. If you missed the news, apparently, the developers have left.

Many speculate that the main developer announced the end during a livestream?

Others believe the video was fake, and it was all just to create some hype.

Whether dead or alive, I believe we can still draw a few insights from this situation:

Never give up on yourself: Mental health is a priority. If you're struggling, talk to friends, you're not alone.

Investing in any AI token, even the most mature ones, carries higher risks than investing in other sectors. Most projects last at most a few months. Therefore, long-term holding of these tokens exposes users to risks far higher than more mature sectors.

Trading AI tokens is still primarily a narrative game. While betting on fundamentals (such as upcoming catalysts and upgrades) remains a good strategy, short-term strategies might reduce the impact of external risks.

Moreover, the entire industry still cannot escape the influence of the broader market.

Looking forward to the next wave.

Top Market Attention Tokens

What's the Focus This Week?

The total market cap still hovers above $8 billion, experiencing a strong rebound last week from $4-5 billion to $7-8 billion.

Solana ($2.8 billion), Ethereum ($2.61 billion), and Base ($2.5 billion) are becoming increasingly close in market dominance, with very similar market caps.

I personally believe a potential differentiating factor is that Coinbase might awaken and ultimately list some leading AI tokens.

Inevitably, Virtuals will be the first to be listed, followed by other major tokens from the ecosystem like AIXBT and Vader.

This Week's Winners:

$CLANKER: Unfortunately, mainly due to some dramatic events.

$AVA continues to advance. Here are some new developments:

$FARTCOIN is the beta version of AI tokens. Performing well in smart capital flow:

And in social attention:

$PROMPT: After TGE, @AIWayfinder gained more attention due to new progress, such as the newly added token details page:

$ANON: @HeyAnonai continues to focus on DeFai, launching a new integration with @yearnfi:

Although @virtuals_io is ranked among tokens with declining attention, this should mainly be interpreted as a reassessment after last week's hype.

Focus on Virtuals

After Virgen points and Genesis launch, the Virtuals ecosystem seems to have found a new response, initiating a flywheel effect in its ecosystem.

One major criticism of Virtuals was that token sales were often sold out, making it difficult for ordinary users to participate. This issue has been partially resolved by adjusting the Virgen points mechanism, making it a qualification standard for the Genesis sale.

$BIOS exceeded its initial contribution by 50 times during the Genesis sale, with the new sale performing steadily this week.

If you haven't delved into the Genesis sale, I strongly recommend you do, as it's one of the most significant recent developments.

Here's a detailed summary of the Genesis sale to help you get started:

More about the Genesis sale:

Key Updates and Readings This Week

@jinglingcookies provided an excellent introduction to robotics:

@Rewkang Robotics:

AI was one of the main topics of discussion at Token 2049:

iOS App Store now allows crypto payments - Is this a major unlock for AI agent consumer apps?

Bittensor's status:

Bittensor Summit:

How to interpret $TAO metrics:

@0x Capx, an AI-focused @Arbitrum chain:

Excellent agents:

@sandraaleow Top 10 AI Tools:

Major AI Trends:

@Meta and AI by 0xprismatic:

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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