š Week in AI: Fartcoin Defies Bleeding AI Sector.
AI sector drops -11.6%! FARTCOIN lists on Coinbase and pumps +10%! DKING rips +160%! U.S. House pushes 10-year AI freeze! TRNR goes all-in on FET!
Letās break down AIās wild week š§µ
1/6
š Market Overview:
AI sector shed $1.9B in market cap (-11.6%), making it the 3rd worst-performing sector. BTC dipped to $103K before recovering to $106.5K. BTC dominance hit 64% as altcoins struggled. Fear & Greed Index slid back to neutral.
2/6
š Top Gainers:
draiftking (DKING) soared +160% after its $300M fund partnership.
VaderAI (VADER) pumped +53.2% on Virtuals Protocol hype.
Fartcoin (FARTCOIN) climbed +10.9% after landing a Coinbase listing.
š Top Losers:
Among majors:
RENDER -10.2%
TAO, ICP, NEAR, FET: -6% to -8%
3/6
ā ļø U.S. 10-Year AI Freeze:
U.S. House passed a 10-year moratorium on state-level AI regulation, pushing for federal oversight instead. This could unify AI governance or stall innovation depending on Senate action.
4/6
š Ecosystem News:
Blockticity launched Avalanche L1 for AI-powered trade verification ($1.2B in goods). TRNR aims to raise $500M to stack Fetch(.)aiās FET into its treasury. Apple opened its on-device LLM to developers, boosting privacy-first AI tools.
5/6
š” Key Takeaways:
š¹ Watch Senate decision on AI freeze bill.
š¹ Follow TRNRās $500M FET treasury play.
š¹ Track Appleās AI expansion for new on-chain opportunities.
Stay informed, stay ahead:
6/6
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