🤖 AI Rollup: Wild World of AI Where crypto's AI agents are headed.
⛏️ Take Action: What We're Doing Crypto market opps we're watching.
p.s. Thanks to dYdX. Benefit from the dYdX Unlimited Flywheel: Launch markets instantly with Instant Market Listings and boost liquidity/yield with MegaVault.
Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
⛓️ Frax Builds AI Tech Stack on Blockchain. Frax enters the AI Agent fray with its own development environment.
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MARKET VIBES
Trump's Altcoin Buys
📸 Daily Market Snapshot: Crypto's gains over the past two months have been largely attributed to Trump election excitement for the sector, but today, a number of specific altcoins saw major Trump-induced gains. Trump's World Liberty Financial swapped its USDC holdings into AAVE & LINK, triggering major 20% run-ups in their token prices, and while they also bought a whopping $10 million in ether, ETH is still flat on the day.
Prices as of 7pm ET
24hr
7d
Crypto $3.59T
↘ 0.8%
↗ 1.4%
BTC $100,157
↘ 1.1%
↗ 3.4%
ETH $3,873
↗ 1.0%
↗ 2.2%
FXS $3.90
↗ 2.2%
↘ 15.5%
⚫
New Token Rating: Frax Finance is changing its token names, distributing revenue, and pivoting to AI. What do these developments mean for token holders?
Permissionless blockchains have collided with artificial intelligence, and one of the most promising results has been investment opportunities in the AI agents space.
The rapid rise of AI agents and their associated tokens has spawned tons of early excitement and the sector's viral takeoff has already generated mind-boggling returns for early plays. Although these freshly launched opportunities are inherently risky, the immense promises of this sector merit careful consideration.
To better understand the agent investment opportunity, I asked Bankless AI Rollup co-hosts David Hoffman and Ejaaz Ahamadeen for their top plays in this emerging sector.
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.
Ejaaz is back with David to break down the latest in the explosive world of AI Agents.
This week, they uncover how Truth Terminal’s roadmap could revolutionize autonomous on-chain transactions, why ai16z's Eliza framework is poised to reshape multi-chain agent deployment, and how zerebro’s creative push into music and art is expanding the reach of AI in culture. They also discuss the growing institutional attention on AI agents, from $20M funding announcements to agents acting as venture capitalists.
Can AI agents truly become the catalysts for crypto's next bull market?
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.
