AI16Z Coin Hits New ATH After 40% Price Rally — FOMO Buy Now Or Wait For A Better Entry?
The post AI16Z Coin Hits New ATH After 40% Price Rally — FOMO Buy Now Or Wait For A Better Entry? appeared on BitcoinEthereumNews.com.
Popular AI agent coin – ai16z – hit a new all-time high of $1.86, with a $2.05 billion market cap, following another 40% rally on Tuesday. ai16z is the first venture capital firm managed by AI agents, leveraging artificial intelligence and collective expertise to make smart investment decisions. Its native token has been the second-best performing meme coin over the past month, surging by nearly 400%, second only to Pudgy Penguins. For sidelined investors, the question now is whether the AI coin will continue to rally or see a pullback in the short term, offering a better entry point. A few smart money investors have already pivoted to low-cap tokens like Meme Index and Wall Street Pepe, newer projects that are also designed to help investors make smart decisions. What Is The AI16Z Coin? As previously stated, ai16z is the first venture capital firm, managed by Marc AIndreessen, a parody account of Andreessen Horowitz co-founder Marc Andreessen. In fact, Marc AIndreessen is an AI agent, that uses artificial intelligence to make investment decisions and execute precise trades in the ai16z firm. The AI agent also depends on market alpha from the community. Every interaction that @pmairca has — whether on its parody X account, Telegram alpha chat or Discord channel — contributes to its powerful data flywheel algorithms, continuously enhancing its alpha. The AI agent also awards trust scores to everyone it interacts with, creating a “marketplace of trust” and banking on people with high scores for future alpha. Moreover, the project has also created the Eliza framework, helping others to create their own AI agents. In fact, Eliza is the fastest-growing GitHub and has even surpassed Google Gemini. According to a post on its community governance, AI16z will soon launch its own Layer-1 blockchain, creating a platform like Pump.Fun…
Filed under: News - @ January 1, 2025 2:19 am