Morning Summary | December 24
Executive Summary:
Markets rallying after yesterday's sell-off, with alts exhibiting the strongest moves. BTC dominance fell from 60% to 57.5%, in the past few hours. Most reflective is $FARTCOIN (+60%), $UFD (+80%), $GAME (+40%), $LUNA & $VADER (+40%). A New token launch of the AI version platform of http://pump.fun raised $6m+ before @123skely's account was banned; token launch could still be today, according to @0xwitchy.
Infrastructure and platforms:
-$AI16Z, planned work on tokenomics will include launchpad and staking mechanisms.
-$ALCH, Android system initialization is nearing completion.
-$GRIFFAIN, gets utilized to create a @metaplex Core NFT in <60s
-$VIRTUAL, the team shares a vision for agent commerce to flip human commerce in the next year.
-$GRIFT, gets an update where onchain actions can be scheduled in advance for swaps, and bridges. More data sources and UI updates have been planned.
AI agents:
-$AIXBT, gets a new listing on Kucoin.
-$OCTO, gets an improved response speed for smoother interactions. Wallet connect errors are fixed. Improved animations. The team is training LLM to generate simplified error strings for easier understanding. Work is ongoing on "block height exceeded".
-$ZEREBRO, has been updated with crypto news on trending topics and headlines whereby these events will also be registered into memory to build a timeline of significant crypto events
-$LUNA, teamed up with @MusicByVirtuals to create a music video.
-$GAME, makes a debut on Binance alpha.
AI memes:
-$BULLY, though the token suffers from capitulation, the team has stacked updates. its social platform launch is nearing.
-$UFD, cements boomer meta as the token makes it to the Binance alpha
Mindshare:
-$FARTCOIN, becomes the biggest gainer in the last 24 hrs. Though it retains the top position in AI index mindshare, its weightage has reduced which indicates mindshare is being distributed among other AI tokens.
-AIXBT, retains the second position yet it was the biggest loser in the last 24 hrs.
-$VIRTUAL, $GRIFFAIN, $AI16Z, make it to top 5 biggest gainers in the last 24 hrs while dominating 3rd, 4th, and 5th positions in AI index mindshare.
