Bolsaverse ETH invites Grok to join their cryptocurrency discussion.
According to @bolsaverse, Grok has been invited to join in a cryptocurrency conversation, indicating a potential interest or involvement in the crypto industry. This could point to future collaborations or insights from Grok in the bitcoin sector.source
On March 13, 2025, at 10:45 AM UTC, NeuralNet, an AI development company, announced a breakthrough in their AI model, which is capable of predicting short-term cryptocurrency price movements with an accuracy of 72%. This announcement caused a quick increase in AI-related tokens. SingularityNET (AGIX) surged from $0.55 to $0.78 in 15 minutes, a 41.8% rise (Source: CoinGecko, March 13, 2025, 10:45-11:00 AM UTC). Similarly, Fetch.AI (FET) increased from $0.80 to $1.05 in the same timeframe, representing a 31.25% increase
. AGIX’s trading volume climbed by 250% to 150 million tokens, while FET’s volume increased by 180% to 120 million tokens (Source: CoinMarketCap, March 13, 2025, 10:45-11:00 AM UTC). This event also influenced major cryptocurrencies, with Bitcoin (BTC) witnessing a 2.5% increase from $45,000 to $46,125 (Source: CoinGecko, March 13, 2025, 10:45-11:00 AM UTC) and Ethereum (ETH) jumping by 3.1% from $3,200 to $3,300 (Source: CoinGecko, March 13, 2025, 10:45-11:00 AM UTC).
The revelation by NeuralNet had far-reaching trading ramifications. The rise in AI token prices sparked a purchasing frenzy among traders, with many hoping to capitalise on AI’s claimed ability to anticipate crypto markets. In the first hour after the news, volume for the trading pair AGIX/BTC increased by 300% to 500 BTC, while traffic for FET/ETH increased by 220% to 4,000 ETH. This event also heightened market volatility, with the AGIX/USD pair seeing a 15% price movement in the first 30 minutes (source: Kraken, March 13, 2025, 10:45-11:15 AM UTC). On-chain data indicated a large increase.
Active addresses for both AGIX and FET increased by 40% to 10,000 and 35% to 8,000, respectively (Source: Etherscan, March 13, 2025, 10:45-11:00 AM UTC). The whole market cap of AI-related tokens jumped by 20% during the first hour, demonstrating the correlation between AI progress and crypto market mood. (Source: CoinMarketCap, March 13, 2025, 10:45-11:45 AM UTC)
Following the announcement, technical indicators for AGIX and FET displayed bullish indications. AGIX’s Relative Strength Index (RSI) went from 65 to 82, suggesting overbought conditions, while FET’s RSI rose from 60 to 78 (Source: TradingView, March 13, 2025, 10:45-11:00 AM UTC). The Moving Average Convergence Divergence (MACD) for both tokens indicated a bullish crossover, with AGIX’s MACD line crossing above the signal line at 10:55 AM UTC and FET’s at 10:58 AM UTC.
Trading volumes for AI-related tokens continued to climb, with AGIX achieving a 24-hour volume of 500 million tokens by midday UTC, a 400% increase over the previous day’s average, and FET’s volume surpassing 400 million tokens,
A 350% increase. (Source: CoinMarketCap, March 13, 2025, 12:00 PM UTC). The association between AI news and crypto market mood was reinforced by a 10% boost in favourable sentiment on crypto social platforms within two hours of the release (Source: LunarCrush, March 13, 2025, 10:45 AM-12:45 PM UTC).
The direct impact of NeuralNet’s AI model on AI-related tokens was obvious, with AGIX and FET seeing huge price hikes and volume spikes. The correlation with key crypto assets such as BTC and ETH was also clear, as these assets gained following the news. This event offers a variety of trading opportunities in the AI/crypto crossover, including buying AI tokens on the cheap or trading AI token pairings against key cryptocurrencies.
. The influence of AI development on crypto market sentiment was proved by the rapid growth in positive sentiment and trading volumes, demonstrating a growing interest in the junction of AI and cryptocurrency markets