gm Bankless Nation, markets bounced back after a couple days of grim price action, and crypto investors are making big bets on blockchain-based AI plays.
gm Bankless Nation, Markets bounced back after a couple days of grim price action, and crypto investors are making big bets on blockchain-based AI plays.
Today's Issue ⬇️
☀️ Need to Know: Ripple's Big Win Ripple's RLUSD scores approval.
📸 Daily Market Snapshot: Crypto markets rebounded Wednesday, with BTC climbing back into six digits. Investors also returned to altcoin bets that were down bad earlier this week, bidding up VIRTUAL 24% to new all-time highs as AI Agent fervor continued to take over Crypto Twitter.
Prices as of 7pm ET
24hr
7d
Crypto $3.62T
↗ 5.1%
↗ 0.6%
BTC $101,196
↗ 4.7%
↗ 2.3%
ETH $3,828
↗ 5.5%
↘ 0.3%
BULLY $0.122
↗ 42.7%
↗ 14.5%
📗
New Token Rating: Dolos_diary has been gaining traction on Twitter with its sharp, sarcastic, and humorous tweets. But can it translate this attention into real value for its users and token holders?
In just the past several weeks, we've witnessed a Cambrian explosion in crypto AI agents, with hundreds of new personalities emerging with unique purposes, all built atop a myriad of similarly fresh frameworks.
For these agents, the next “leg up” in their development will happen when they start cooperating, forming swarms of complex autonomous systems. Instead of relying on one large, monolithic model, the coordinated approach of swarms of smaller, specialized agents can enhance efficiency, adaptability, and scalability, driving the overall potential of this new paradigm forward.
Let's explore what AI swarms are, why they matter, their potential applications, and some of the key projects shaping this field 👇
Season 2: Methamorphosis is now live on mETH Protocol, following the launch of their governance token, COOK, and cmETH, the liquid restaked version of mETH. With cmETH, holders can enjoy yields across multiple restaking protocols like Karak, EigenLayer, Symbiotic, while earning Powder for more COOK.
What is the role of AI in crypto, and how will it shape the future?
AI agents are taking the crypto world by storm, introducing unprecedented scale and efficiency to Web3. At the center of this revolution is Shaw, the creator of the Eliza framework and ai16z DAO, a groundbreaking initiative that’s reshaping decentralized investments. The ai16z DAO has rapidly gained traction, becoming the #1 trending GitHub repository last month, with over 3,300 stars and 880+ forks.
In this episode, we explore how Shaw and his team are leading a community-driven, open-source movement to integrate AI and crypto. From managing DAOs to bridging Web3 with real-world applications, we dive into how the Eliza framework is setting the groundwork for a potential AGI future. This is more than just an AI experiment—it’s the beginning of a new paradigm for both industries.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time to time, we may add links in this newsletter to products we use. We may receive a commission if you make a purchase through one of these links. Additionally, the Bankless team holds crypto assets.
