Good Morning ☕️ 

While crypto majors have been choppy, decentralized AI is on fire 🔥 We've seen groundbreaking developments in distributed model training, agentic token launch platforms, an AI-native record label and 200+ new agents hit the timelines. The space is moving at breakneck speed with billions in value being created every day, and we’re just getting started.

In This Week's Roundup:

• PRIME INTELLECT makes history with first globally distributed 10B parameter model training

• Clanker emerges as Base's social-first token launcher, bringing in $4.2M revenue in two weeks

• Opaium launches as first AI-only record label, introducing novel "Listen to Burn" tokenomics

• The latest project updates and alpha on X!

Let’s dive in 👇️ 

The State of the Market

Total Crypto Market Cap: up 2.9% this week to $3.55 trillion
Total AI Sector Market Cap: up 11.6% this week to $40.5 billion

For the past few months, we’ve been putting together this market update section, and every week, it seems to get even more insane. only 12 months ago, the crypto x AI sector was viewed by many as a joke.

Now it makes up 48% of the mindshare on crypto Twitter!

For those of you who have been around for a while, you’ll know that right now is the fabled ‘easy mode’ - be sure to make the most of it!

While the total crypto market cap has a relatively chill week with BTC and SOL cooling off, alts are waking up and its clear that AI agents are the centre of attention.

According to cookie.fun, we now have almost 200 AI agent coins (although, we’re sure there are thousands more that either are vapor or yet to be discovered). Agent season is truly upon us, with several of the top ten agent tokens now hovering in the high hundred million market cap range.

Virtuals, a launch platform for agents on Base, just cracked $1.4B in market cap this week, showing just how hot these new meta is. Over the next 3-6 months, we’re almost certain that we will have several individual agents sitting at multi-billion valuations.

Adding to the agentic frenzy, some fundamental AI plays are gaining momentum. AI majors like TAO, NEAR, FET, AKT, and GRASS have all surged this week, pushing the total AI sector market cap above $40B for the first time since we started covering the space in March.

Now is the time to lock in, anon - easy mode won't last forever.

Highlights of the Week