Original Title: The AI Dispatch #16 - Virtual Genesis Launches, Robotics, We're Back/It's so over
Original Author: @castle_labs
Original Translation: zhouzhou, BlockBeats

Editor's Note: This article discusses the market dynamics of AI tokens, particularly the performance of tokens like $AVA, $FARTCOIN, and $PROMPT. The author mentions that the AI token market remains full of uncertainty, with high investment risks. Nevertheless, developers and market participants continue to drive innovation, especially with Coinbase potentially listing some leading AI tokens. The launches of Virtuals and Genesis are significant developments that have garnered widespread attention.

The following is the original content (reorganized for readability):

Dear readers, I hope you enjoy the rise of these green candles. Now, it’s all over! We really don’t know how to be grateful, right? Prices have slightly rebounded back to support levels, and we’re worried again. Didn’t AI come back after a few green candles? Isn’t it dead now? Aren’t we no longer on a straight upward trajectory?

As usual, things are far more complicated than they appear. Personally, I think the entry point now is better than last week, but worse than a month ago.

Unless you’re playing the long game (which feels like asking for trouble?), there are always some interesting developments in the market.

Among these developments, priority should be given to those developers who have continued to push forward over the past few months.

Definitely not like $ZEREBRO. If you missed the news, the developers have clearly left.

Many speculate that the main developer announced the end during a live stream?

While others believe that video was fake, and it was all just to create some hype.

Whether dead or alive, I think we can still draw a few insights from this situation:

Never give up on yourself: Mental health should be a priority. If you’re in a tough spot, talk to friends; you’re not alone.

Investing in any AI token, even the most mature ones, carries higher risks than investing in other areas. Most projects last only a few months at most. Therefore, holding these tokens long-term exposes users to risks far greater than in more mature fields.

Trading AI tokens is still primarily a narrative game. While betting on fundamentals (like upcoming catalysts and upgrades) remains a good strategy, short-term strategies may mitigate the impact of external risks.

Moreover, the entire industry still fails to detach from the influences of the broader market.

Looking forward to the next wave.

Top Tokens in Market Attention

What to focus on this week?

The total market capitalization still hovers above $8 billion, experiencing a strong rebound last week, rising from $4-5 billion to $7-8 billion.

Solana ($2.8 billion), Ethereum ($2.61 billion), and Base ($2.5 billion) are becoming increasingly close in market dominance, with very similar market caps.

I personally believe a possible differentiating factor is that Coinbase may awaken and eventually list some leading AI tokens.

Inevitably, the first to be listed will be Virtuals, followed by other major tokens from the ecosystem, such as AIXBT and Vader.

This Week's Winners:

$CLANKER: Unfortunately, mainly due to some dramatic events.

$AVA continues to make progress. Here are some new developments:

$FARTCOIN is a beta version of AI tokens. It performs well in terms of smart capital flow:

And in terms of social attention:

$PROMPT: After the TGE, @AIWayfinder gained more attention due to new developments, such as the newly added token detail page:

$ANON: @HeyAnonai continues to focus on DeFai, launching a new integration with @yearnfi:

Although @virtuals_io ranks among the tokens with declining attention, this should mainly be interpreted as a reassessment after last week's hype.

Focus on Virtuals

After the Virgen points and Genesis launch, the Virtuals ecosystem seems to have found a new response, initiating a flywheel effect within its ecosystem.

One of the main criticisms of Virtuals is that token sales are often oversubscribed, making it difficult for ordinary users to participate. This issue has been partially addressed by adjusting the Virgen points mechanism to serve as a qualification standard for the Genesis sale.

$BIOS peaked at 50 times its initial contribution during the Genesis sale, and the new sale performed steadily this week.

If you haven’t delved into the Genesis sale yet, I highly recommend you do so, as it is one of the most significant developments that have occurred recently.

Here’s a detailed summary of the Genesis sale to help you get started: