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cryptonews 2025-03-16 15:33:33

AI16Z Is on the Rise – Price up 8.1% This Week. Will This Last?

AI16Z has gained 8.1% over the past week, now trading at $0.1996, with a 24-hour increase of 2.59%. The token’s daily trading volume stands at $60.53 million, bringing its market capitalization to $219.62 million and securing its #173 ranking in the crypto market. While bullish momentum remains strong, AI16Z faces resistance near $0.2083, a key level that could determine its next move. Traders are eyeing a potential breakout toward $0.2202, but failure to hold support at $0.1971 could trigger a retracement toward $0.1842. AI16Z Rebrands as ElizaOS – What’s Behind the Move? AI16Z, the first AI-driven decentralized venture capital DAO, has officially rebranded to ElizaOS , distancing itself from confusion with Andreessen Horowitz’s a16z. The rebrand, announced on Jan. 28, 2025, by Eliza Labs founder Shaw Walters, signals a strategic shift as the project expands across global markets. To our community and partners, We are turning toward the next chapter of the project. As we continue to expand across multiple countries, develop our core technology, and foster an incredible community of builders, we are implementing a comprehensive rebranding initiative to… https://t.co/tcoXrPeH0v — Shaw (wartime arc) (@shawmakesmagic) January 28, 2025 “Rebranding as ElizaOS opens exciting doors to collaboration with established players eager to leverage our groundbreaking tech,” Walters wrote on X. Launched in October 2024, AI16Z was initially a “playful reference” aimed at raising $75,000 to develop an autonomous investment DAO. However, it rapidly grew into one of the largest AI-driven blockchain projects, now integrating Solana-based AI agents and simulations. Key Features of ElizaOS (Formerly AI16Z) AI-Driven VC DAO – A decentralized investment platform powered by AI agents. Solana-Based AI Infrastructure – Enables seamless integration of AI agents, simulations, and Web3 projects. Eliza v2 Incoming – A more advanced AI framework is in development. Community-Governed – Future decisions on the project, including ticker updates, will be determined by a DAO vote. Technical Outlook: Can AI16Z Hold Its Uptrend? AI16Z is maintaining a strong upward trajectory, trading within an ascending channel while consolidating near $0.1996. The 50-period EMA at $0.1941 is acting as key dynamic support, reinforcing the bullish structure. However, rejection from $0.2202 suggests profit-taking, leading to short-term resistance at $0.2083. A successful breakout could propel AI16Z toward $0.2301, while failure to hold $0.1971 may result in a pullback toward $0.1842. While AI16Z’s rebrand marks a pivotal moment for AI-driven DAOs, Solaxy ($SOLX) is making waves as Solana’s first Layer 2 solution, tackling scalability challenges in DeFi and beyond. Solaxy ($SOLX) Nears $27M Presale Milestone – Last Chance to Buy Early! Solaxy ($SOLX) is making history as Solana’s first-ever Layer 2 scaling solution, designed to reduce network congestion, lower transaction fees, and enhance scalability. With over $26.4 million raised in its presale and a rapidly expanding community of 72,000+ followers on X, Solaxy is cementing its role as a major force in Solana’s ecosystem. Why Solaxy Stands Out Solana’s First Layer 2: Boosts scalability and transaction efficiency. Cross-Chain Compatibility: Seamlessly connects with Ethereum and other major blockchains. Optimized for DeFi & High-Frequency Trading: Ideal for meme coins, DEXs, and financial applications requiring fast, low-cost transactions. Massive Staking Rewards – Up to 154% APY For those looking to earn passive income, Solaxy offers staking rewards of up to 154% APY, with an impressive 7.45 billion $SOLX tokens already staked. Early adopters are locking in high yields while supporting the network’s security and growth. Presale Entering Final Phase – Price Increasing Soon! Current Price: $0.001664 per SOLX Total Raised: $26,620,366 / $26,988,829 Target With demand surging and the presale nearing its cap, this may be the last opportunity to secure $SOLX at early-stage pricing before the next price jump. The post AI16Z Is on the Rise – Price up 8.1% This Week. Will This Last? appeared first on Cryptonews .

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