AI Cryptos Explode as Virtual Soars Past $1 and Mind of Pepe Raises $8M
After an extended downturn, AI-related crypto tokens are roaring back to life and are among the biggest winners from the past weeks rally.
The rally has been led by Virtuals Protocol ($VIRTUAL), which rocketed 92% over the past 7 days, taking it past the $1 mark.
Other tokens making notable moves include ai16z ($AI16Z) and aixbt ($AIXBT), which are up 75% and 60%, respectively, over the past 7 days of trading.
Overall, the bullish activity has brought the AI Agent sector up to a $4.5 billion market cap, a level not seen since early March.
AI Tokens Slingshot Past Broader Crypto Market Gains
Theres no single catalyst behind this weeks broad rally in AI-related cryptos. Rather, the main driving force behind the bullish price action seems to be positive momentum developing in the crypto market at large.
Bitcoin is up 12% in the past 7 days, and Ethereum and Solana are each up 13%. Crypto sentiment has dramatically improved, with the Fear/Greed index moving up to a 52 (Neutral) from 17 (Extreme Fear) earlier in the month.
As a relatively new sector of the crypto market, AI tokens were hit harder by the pullback than major cryptocurrencies in other sectors like DeFi and gaming. However, the high volatility of this sector is boosting it in the current updraft, amplifying gains for AI coins as the rest of the market slowly ticks upward.
Theres also a growing sense that while AI cryptos are relatively new today, this sector could be one of the main drivers of crypto growth in the near future. One analyst on X, Xremlin, compared todays AI boom to the dot-com boom of the 1990s and suggested AI tokens could add billions of dollars in market cap.
Its also noteworthy that most AI agent tokens havent yet gone through a full-blown crypto bull market. The sector only really took off in 2024 with the launch of $AI16Z, and it quickly faced macroeconomic headwinds and uncertainty about the future of AI in the wake of Chinas Deepseek model release.
That suggests AI agent cryptos could be a coiled springcompressed during this pullback, and now ready to explode higher at the first sign of an opening.
AI Excitement Spreads to ICO Market: $MIND Raises $8M
The momentum in AI cryptos isnt limited to established coins that are already trading on exchanges. Emerging ICO coins in the AI niche are also seeing massive investment inflows and lining up major exchange listings.
No token in this space has been more impressive than MIND of Pepe ($MIND), which has raised more than $8.25 million in its ongoing token presale. Its one of the biggest AI agent crypto ICOs to date, and the $MIND token could see 10x gains or better if it launches into a high-momentum environment like the one forming now.
MIND of Pepe is building one of the first truly self-sovereign AI agents, taking the intersection of AI and Web3 to the next level. The agent will have its own crypto wallet and X account, giving it the ability to function as a full-fledged member of the crypto community.
The difference between MIND of Pepe and other traders, though, is that the AI agent will be collecting massive amounts of data about crypto sentiment, emerging tokens, and market trends in the background. $MIND token holders will have exclusive access to the AI agents insights, giving them a potentially crucial leg up on the market as price action heats up.
Even more exciting, MIND of Pepe will have the ability to develop its own meme coins based on what it thinks traders want. These tokens could have instant viral potential, and $MIND token holders will have a chance to buy them before theyre unleashed onto the market. So, MIND of Pepe is offering its community a chance to get in early on multiple new and explosive coins.
The $MIND token presale is sweetening the deal for early investors today with staking rewards up to 272% APY. This could be one of the biggest winners of an AI token bull run, so theres no time to wait to join MIND of Pepe.
Read more: https://www.tronweekly.com/ai-cryptos-explode-as-virtual-soars-past-1-and-mind-of-pepe-raises-8m/
Text source: TronWeekly
