Morning Minute | Forbes Features AI Agent AIXBT in Transformation Article

TylerD's Market Summary

🤖 AIXBT Is Transforming Crypto Twitter, And Forbes Sees It

Yesterday's newsletter focused on the AI Crypto revolution and how it's happening now.

Well, we aren't the only ones takin notice.

The AI Crypto revolution is quickly reaching mainstream.

What Happened?

Yesterday, Forbes Digital Assets posted an article highlighting the rise of the leading AI Agent "AIXBT" and its impact on Crypto Twitter.

For those unfamiliar with AIXBT:

Introduction: AIXBT is an AI agent that analyzes data from over 400 key opinion leaders (KOLs) to provide market insights, predict trends, and deliver technical analysis, particularly in the cryptocurrency space.
- Example: Within minutes of a major announcement, AIXBT has provided detailed analysis on Twitter, demonstrating its capabilities. It also provides insight on existing projects, provides bull/bear takes and uses data in its reasoning.
How AIXBT Operates:
Built on the Base chain's Virtuals Protocol, AIXBT synthesizes vast data sets to offer actionable intelligence. It tracks KOLs, identifies market patterns, interprets price movements, and produces risk assessment reports.
- It has gained 304K followers within three months by reshaping market intelligence through real-time engagement and data-driven commentary.

And of course, AIXBT is tokenized. The AIXBT token is currently worth $520M, recently reaching a peak over $650M before a slight pull back.

A truly meteroic rise, given the token launched on Nov 21, 2024.

What Are They Saying?

Forbes focused on AIXBT's role in market intelligence and how it could be applied to other indusries.

AIXBT is described as a game-changer, automating high-level market analysis and making sophisticated insights accessible to businesses of all sizes.

It levels the playing field for smaller companies by offering the same caliber of intelligence available to larger enterprises.

They go on to mention how AI agents like AIXBT are finding applications in other sectors, including:

Customer Service: 24/7 AI agents handle queries and troubleshoot issues.
Healthcare: Supporting diagnostics and patient care management.
Retail: Enhancing personalized shopping experiences.
Education: Providing tailored learning experiences and automated tutoring.

Why It Matters

Clearly what is happening with AI in Crypto is starting to be noticed outside of our bubble.

And with tech giants OpenAI, Google and NVIDIA clearly focusing on AI Agents, this spotlight is likely only to get bigger.

And guess what? Crypto is actually on the cutting edge of some of this.

Sure, the tech giants likely have better tooling. But real Agents applied to real use cases are being developed in real time here and finding product market fit.

AIXBT shows that PMF, reaching 300k followers and becoming a market mover in less than 2 months.

Forbes is taking notice, and soon others will too...

🚚 What is happening in NFTs?

Here is the list of other notable headlines from the day in NFTs:

ETH NFT leaders were mixed, led by the surging Pudgy Penguins again; Punks -3% at 37 ETH, Pudgy +14% at 27.92, BAYC -1% at 16.4 ETH, Azuki +2% at 12.6 ETH
DigiDaigaku (+85%), The Currency (+82%) and CyberBrokers (+60%) led notable top movers
Pudgy Penguins reclaimed a $100,000 floor in their move up to 27.92 ETH
BTC NFT leaders were mostly red after the BTC pump; Bitcoin Puppets -9%, NodeMonkes -1%, OMB -9%, Quantum Cats +1%; Unsanctioned Wizards were the top mover up 59% to 0.013 BTC
The Runes leaders were mixed; DOG -7% at $695M mc, PUPS +1% at $97M, BDC +5% at $40M, GIZMO even at $13M
Gabriel Leydon teased Limit Break's biggest web3 release yet coming later today, likely driving the DigiDaigaku 85% pump
Mad Lads rallied 19% after the Backpack FTX acquisition news (see below), now 88 SOL; ai16z partners (+35%), Critters Quest (+18%) and 1000x GEM (+34%) all saw big moves on Solana as well

💰 Token, Airdrop & Protocol Tracker

Here's a rundown of major token, protocol and airdrop news from the day:

Backpack announced the acquisition of FTX EU and its licenses, stating its first priority is to return customer funds on behalf of the estate and then roll out a full suite of spot, margin and futures products, saying "Crypto perps trading is coming back to Europe"
Solana L2 gaming chain Sonic SVM is launching its token today with players of its SonicX game set to receive the airdrop
Bitcoin restaking protocol Solv teased a Megadrop starting today along with TGE
Mayan Finance launched its bridge to Hyperliquid, meaning traders can bridge to and from to Hyperliquid with native currency swaps in seconds
Berachain published an article sharing Boyco as its pre-launch liquidity platform along with select launch dApps

🤖 AI x Crypto

New section dedicated to headlines in the AI sector of crypto:

Overall market cap jumped 3% to $17.5B, though leaders were mixed
Leaders mostly chopped with VIRTUAL (-7%), ai16z (+9%), FARTCOIN (-1%), FAI (+1%) and GOAT (-1%)
SWARMS was a big winner, jumping 30% to $490M; FATHA (+100%), UBC (+84%), MIZUKI (+69%) , GRIFT (+62%) & OPAIUM (+58%) led top movers
PrismAI was a top runner of the day, jumping 400% to $14M
ai16z teased a new website along with a growing list of its official partners, which included Smolverse and growing chatter of an official partnership with TreasureDAO
ARC and Eliza Labs announced a strategic partnership to accelerate AI Agent innovation
Daniele Sesta's ANON launched its first AI research agent Gemma
AIXBT was featured in a Forbes article about how the new AI Agent is "transforming crypto twitter and trend analysis"
EigenLayer announced an AI Agent Hacker House for ETH Denver in partnership with Eliza Labs and EigenLayer
Rektguys announced their AI Agent launch RektguyAI as part of the rektcoin mission, launching on Virtuals (not a net new coin, just new implementation of rekt)
In macro AI news, Nvidia announced it's building agentic AI software to automate workflows for enterprises along with the release of a new $3,000 personal supercomputer

🌎 Macro Crypto and Web3

A few other Crypto and Web3 headlines that caught my eye:

Crypto majors are mixed this morning after a green Monday; BTC +1% at $100,700, ETH -1% at $3,630, SOL -2% at $213, XRP +1% at $2.42
BGB (+5%), RAY (+5%), and ADA (+5%) led alts
Bitcoin ETFs saw $979M in inflows on Monday, posting back-to-back $900M+ sessions; ETH saw $129M in inflows, its 2nd highest total in the past two weeks
Ripple's CEO said that Trump is already opening doors for crypto and that they've signed more clients in the 6 weeks post-election than in the 6 months prior
Michael Saylor's MicroStrategy bought another $100M of Bitcoin last week
Animoca Chair Yat Siu predicted that 2025 will be the year crypto finally goes mainstream, pointing to stablecoins, memecoins, crypto gaming, reputation systems and web3 capitalism as levers for adoption
Memecoin majors are red this morning mostly down 1-3%; DOGE -1%, SHIBA -2%, PEPE -3%, PENGU -9%, BONK -2%, WIF -2%, MOG -10%
Galaxy Digital predicted DOGE will reach $1 in 2025

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