📸 Weekly Market Snapshot: The AI agent sector saw an 18% increase in market cap over last week. Despite a 2% dip in token price, Virtuals Protocol held its position among the top three in mindshare. Meanwhile, AI16Z and AIXBT outperformed the broader market in token price growth, while Vader AI drew significant attention with the performance of its small-cap fund. More details below!
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NEWS ROUNDUP
Return of the Sith AI
Vader AI forced our attention this week as it launched its very first fund. The AI Agent is already seeing positive returns from its small-cap fund, while the announcement of its tokenomics has token holders feeling bullish:
Vader AI's fund launch sold out in 30 seconds, the fund targets Virtuals agents with a market cap between $700K and $5M.
The small-cap fund is already up 42% since its launch and has only deployed 17% of its capital.
Vader AI also launched its micro-cap fund targeting Virtuals agents with a market cap between $100K and $700K. If you thought the small-cap fund selling out in 30 seconds was fast, this one sold out in 20 seconds.
Vader AI also announced its tokenomics last week, which featured buyback mechanisms, staking rewards, and staking gating to allow VADER stakers to invest in funds before the public.
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