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AI Token Boom: TAI Surges as Wintermute Invests, Market Cap Nears $42 Billion


by Abdulkarim Abdulwahab
for CoinEdition

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Crypto Market Soars to $3 Trillion, AI Tokens on Explosive Frenzy TAI, FET, TAO Leading
  • Market maker Wintermute acquires 17.9M TAI tokens, signaling a growing interest in AI crypto assets.
  • TAI’s price jumps 6% in 24 hours amid ongoing buzz and TARS AI buyback.
  • The market cap of AI tokens has nearly doubled, rising from $28 billion to over $42 billion today.

AI-based tokens gain popularity as the crypto market enters a bull run. The global market cap reached $3 trillion with Bitcoin nearing the $90K mark. Market analyst Spot On Chain showed interesting activity in the AI token space in a post on X today.

According to the update, market maker Wintermute acquired 17.9 million TAI tokens eight hours ago. Spot On Chain also found that in the last 24 hours, TAI holders moved approximately 600 million TAI (around $95 million) between early holders.

What is TAI?

TAI is the native token of TARS AI, which is an AI infrastructure protocol that runs on the Solana blockchain. The token has generated a lot of interest in the crypto community.

In a recent post on X, Market commentator RaAres said that TARS AI will address any concerns over sell pressure by buying TAI tokens from early investors over a 90-day period. This will reduce the circulating su…

The post AI Token Boom: TAI Surges as Wintermute Invests, Market Cap Nears $42 Billion appeared first on Coin Edition.

Read the article at CoinEdition

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Coins

$ 88.28K

+1.40%

$ 0.0137

+3.53%

$ 1.45K

+4.64%

$ 0.000269


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In This News

Coins

$ 88.28K

+1.40%

$ 0.0137

+3.53%

$ 1.45K

+4.64%

$ 0.000269


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Read More

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AI Token Boom: TAI Surges as Wintermute Invests, Market Cap Nears $42 Billion


by Abdulkarim Abdulwahab
for CoinEdition

Share:

Crypto Market Soars to $3 Trillion, AI Tokens on Explosive Frenzy TAI, FET, TAO Leading
  • Market maker Wintermute acquires 17.9M TAI tokens, signaling a growing interest in AI crypto assets.
  • TAI’s price jumps 6% in 24 hours amid ongoing buzz and TARS AI buyback.
  • The market cap of AI tokens has nearly doubled, rising from $28 billion to over $42 billion today.

AI-based tokens gain popularity as the crypto market enters a bull run. The global market cap reached $3 trillion with Bitcoin nearing the $90K mark. Market analyst Spot On Chain showed interesting activity in the AI token space in a post on X today.

According to the update, market maker Wintermute acquired 17.9 million TAI tokens eight hours ago. Spot On Chain also found that in the last 24 hours, TAI holders moved approximately 600 million TAI (around $95 million) between early holders.

What is TAI?

TAI is the native token of TARS AI, which is an AI infrastructure protocol that runs on the Solana blockchain. The token has generated a lot of interest in the crypto community.

In a recent post on X, Market commentator RaAres said that TARS AI will address any concerns over sell pressure by buying TAI tokens from early investors over a 90-day period. This will reduce the circulating su…

The post AI Token Boom: TAI Surges as Wintermute Invests, Market Cap Nears $42 Billion appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 88.28K

+1.40%

$ 0.0137

+3.53%

$ 1.45K

+4.64%

$ 0.000269


Share:

In This News

Coins

$ 88.28K

+1.40%

$ 0.0137

+3.53%

$ 1.45K

+4.64%

$ 0.000269


Share:

Read More

Vitalik Buterin Sells KNC and STRAYDOG for $15,916 USDC

Vitalik Buterin Sells KNC and STRAYDOG for $15,916 USDC

Vitalik Buterin sold 29,500 KNC and 30,500,000 STRAYDOG tokens, converting them into ...
Solana Whale Withdraws Over $6 Million in New Staking Move

Solana Whale Withdraws Over $6 Million in New Staking Move

Solana whale transfers and stakes over $6 million in SOL tokens from OKX, highlightin...