Market Metrics

Total Crypto Market Cap: up 4.7% to $2.53T
Total AI Sector Market Cap: up 17.7% to $22.6B

Top Movers (24hrs):

📈 Phantasma (SOUL): up 45.2% to $0.1568
📈 Humans.ai (HEART): up 39.3% to $0.03254
📈 Arc (ARC): up 33.8% to $0.07529

Highlights of the Weekend

🪬AI-Facilitated Onchain Trading
The Wayfinder Foundation has released a demo of the first Wayfinder prototype completing AI-driven transactions onchain, including a swap, send, bridge and staking deposit.

AI-mediated onchain transactions will be a game changer, unlocking advanced trading strategies that can be triggered by multi-faceted signals that were previously not possible. For example, Wayfinder will enable users with funds onchain to set up specific prompts that trigger transactions depending on a specific event or group of events. In practice, this could look something like:

“If next month’s US CPI inflation exceeds expectations, sell 50% of my token holdings into USDC, then once the same tokens have fallen more than 5%, buy them back using the proceeds.”

Or

“If Coinbase hits #1 in the appstore & Bitcoin’s daily trade volume exceeds 30% of its market cap & #crypto is trending on Twitter, sell 80% of my holdings into USDC and lend on Aave.”

➡️ Wayfinder is going to unlock sophisticated automated trading strategies for onchain traders. As we have covered in the past, PRIME holders will be able to stake and earn Wayfinder’s token, PROMPT (yet to go live). PRIME could be the best way to gain access and exposure to the success of Wayfinder in the early stages. We are also interested in what oracles will be required for Wayfinder to access external information in order to trigger trades based on external events (such as news published by legacy media, economic data, political data, the weather, sports, etc). We are excited to use Wayfinder once it is released to the public!
Related Tickers: PRIME & PROMPT

🏦 Bittensor (TAO) Receives Binance Exchange Listing
Bittensor (TAO) finally received its first tier 1 exchange listing on Binance with the “Seed” tag applied, marking TAO as a token with “high volatility and risks.”

Trading for TAO began on April 11, and there has been ~$65M in spot trading volume across all Binance trading pairs in the past 24 hours. For reference, the second highest market by volume is Gate.io’s TAO/USDT market, doing nearly $22M in volume during the past 24 hours. A significant difference, indicating strong demand for TAO.

➡️ TAO’s listing on Binance marks an important moment for the project, as it enables ~120 million registered Binance users to purchase TAO. Tier 1 exchange listings such as Binance, introduce greater liquidity for the asset, which enables cleaner trade execution and minimizes slippage.
Related Tickers: TAO

In Other News

🟠 Bitcoin Virtual Machine (BVM) released a new module that allows developers to leverage io.net’s decentralized computing grid and Eternal AI’s models.

🟠 Spectre AI has shipped a couple key product updates, including a migration of its service to Google Cloud Platform (GCP) and a patch to its AI prediction model.

🟠 AITECH revealed a sneak peek of the front end of its AI marketplace that will allow developers to register and launch their apps through the platform.

Must Watch

📈 Deep Dive Into Bittensor Subnet 8
Listen to Thomas from Taoshi, the team building Bittensor Subnet 8 - Proprietary Trade Network (PTN) - discussing how subnet 8 works, the project’s recent pivot and how you can use PTN to profit from trade ideas.

Meme of the Day

🤡 Memecoins will retire us all.

Airdrop Radar

🪂 Midle has announced an airdrop event for their native token, MIDLE, starting on April 15, 2024.To participate:

1. Sign up on Midle and link your EVM wallet to your account.

2. Complete tasks on the Airdrop page to earn MXP.

3. Stay active on Midle's Telegram channel for additional airdrop criteria and tips from admins.

The MIDLE airdrop will be claimable using the wallet address linked to your Midle account. For more information, read the full announcement on here.

Exclusive Report: Top 5 AI Cryptocurrencies to Watch 2024

🌵 Access the report here! 🌵