Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»High-profile AI agent combats cryptocurrency market downturn amid major tokenology upgrade plan
ALTCOIN NEWS

High-profile AI agent combats cryptocurrency market downturn amid major tokenology upgrade plan

By Crypto FlexsDecember 31, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
High-profile AI agent combats cryptocurrency market downturn amid major tokenology upgrade plan
Share
Facebook Twitter LinkedIn Pinterest Email

A privately held project focused on artificial intelligence (AI) is weathering the cryptocurrency market slump as plans for a token economic upgrade begin to take shape.

The utility token of AI agent project ai16z (AI16Z) is trading at $1.52 at the time of this writing, up 23.7% in the last 24 hours.

With a market capitalization of $1.65 billion, the Solana (SOL)-based altcoin is the 79th largest cryptocurrency project.

Meanwhile, Bitcoin (BTC) is trading at $91,998 at the time of writing, down nearly 2% on the day. The overall cryptocurrency market cap is $3.36 trillion at the time of this writing, down 3.4% over the past 24 hours.

ai16z’s market strength comes as the project proposes a new token economics initiative that aims to increase the value of its utility token by better leveraging the benefits of the ecosystem’s AI agent, known as Eliza.

“The biggest challenge is that while the Eliza agent framework is thriving in terms of adoption and technological innovation, the ai16z token currently lacks a robust mechanism to drive value, resulting in misaligned incentives. Our partners recognize that these changes are necessary to maintain ai16z’s momentum…

Overall, there is a strong consensus that a major token economic upgrade is urgently needed to better capture the value Eliza creates. An official launchpad is the main proposal, but a healthy debate about the details and trade-offs is needed.”

Don’t miss a beat – subscribe to get email alerts delivered straight to your inbox

Check Price Action

follow us XFacebook, Telegram

Daily Hodl Mix Surfing

&nbsp

Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and you will be responsible for any losses you may suffer. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Featured image: Shutterstock/jiang jie feng/Andy Chipus

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025

‘Fat Apps’ can lead the cryptographic story in the next few months.

September 11, 2025

Binance explodes 466m LUNC with oblivion: revival play or special effect?

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

BTCC Exchange Partners With NBA All-Star Jaren Jackson Jr. To Inspire Smarter Moves In Sports And Crypto

September 24, 2025

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025

Nebeus Overfunds Equity Crowdfunding Campaign With €3.6M Raised, Reflecting Growing Demand For Regulated Crypto–Finance Solutions

September 24, 2025

Next Binance Coin (BNB) Price Rally 3 Catalysts that can supply fuel

September 24, 2025

Ether Leeum World Fair Announcement

September 24, 2025

SOL Leverage Longs Jump Ship, is it $ 200 next?

September 24, 2025

Navigating Policy & Regulation in Blockchain

September 23, 2025

Flipster Debuts Market’s First USD1 Perps For BTC, ETH, SOL, XRP, And DOGE

September 23, 2025

BYDFi Joins Korea Blockchain Week 2025 (KBW2025): Deepening Web3 Engagement

September 23, 2025

MEXC Brings Immersive Experience With ‘0 Fee Lounge’ To Token2049

September 23, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

BTCC Exchange Partners With NBA All-Star Jaren Jackson Jr. To Inspire Smarter Moves In Sports And Crypto

September 24, 2025

ChainUp Wins Top Crypto Compliance Technology Honor At Thomson Reuters-Presented Awards

September 24, 2025

Fitell Corporation Launches Solana (SOL) Digital Asset Treasury With $100M Financing Facility, With Focus On Yield And On-Chain DeFi Innovation

September 24, 2025
Most Popular

Tron-based SunPump memecoin generator upsets PumpFun’s daily returns

August 22, 2024

OurSky raises $9.5 million to add APIs to open source astronomy.

December 12, 2023

$32 million stolen since April in sophisticated coin fraud operation: Blockfence

January 22, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.