Morning Summary | December 16th
Executive Summary:
$BTC breaks $106K, $SOL and alts sell-off, and $FARTCOIN flips $GOAT. Mostly weaker across the board, with pockets of strength coming from $FARTCOIN, $KWEEN, $VIRTUAL, $GAME, $LUNA and $GRIFT.
Briefing:
On the AI Agent side, $FARTCOIN which was once thought as a beta play of its influencer flips $GOAT. This illustrates the important of how AI can influence humanity to push forward its own ideas. The release of DivinityOS for $CHAOS sees nearly 100 wallets staking half million dollar in value while releasing features of generating long and short form of audio and video content. In context of the controversy surrounding $AIXBT, the dev releases a log viewer to reflect how content is produced while teasing with a sneak peak of its terminal's new design.To address clarifications of how the investment DAO works, $VADER announces an update to its litepaper. As $BULLY gets listed on zke while $LUNA gets listed on by bybit.
On the infastructure side, $VIRTUAL continues to attract developers as it holds ask me anything on G.A.M.E framework.The RIG framework repository by $ARC achieved 1000 stars on its github profile. $AI16Z DAO accrued 4% of $DEGENAI token from tx fees. $ALCH gets listed on bitget while version 2 of its user interface nears deployment. $PNET continues to give demos of its ability with latest being for Career Development. $GRIFT tokens now can be staked with beefy finance while XT lists its token. Interesting, $GRIFFAIN technology is up for test while it climbs to third spot by in AI index in mindshare.
Mindshare:
$FARTCOIN secures the top spot with 14 % weightage of the AI agent index while $AIXBT drops to the second spot with a weightage of 9% however its noteworthy to highlight that 7d change in mindshare of $AIXBT has dropped by 4 points. The third spot is secured by $GRIFFAIN with a weigtage of 7%, interesting enough it becomes the second biggest by 7d change in mindshare with an increase of 5 points. $KWEEN makes a debut to top 10 of AI agent mindshare with 3% of the total weigtage.
