🔥 Biteye AI Daily Report May 22

Today's sector market capitalization: $11.17B +4.04%

The rise in BTC has led to a general increase, with $COOKIE launching the InfoFi product Snaps skyrocketing by 40%.

📈Top 10 24h Coingecko Trading Volume:
Token Trading Volume Market Cap Price Volatility
1- $KAITO $398.6M $521.7M $2.16 +3.9%
2- $VIRTUAL $384.2M $1.3B $2.00 +2.5%
3- $TAO $187.6M $4.0B $450.76 +9.3%
4- $COOKIE $164.6M $115.2M $0.22 +40.8%
5- $AI16Z $159.4M $353.3M $0.32 +8.9%
6- $PROMPT $111.6M $61.3M $0.27 -1.4%
7- $GOAT $96.3M $166.2M $0.17 +1.5%
8- $AIXBT $93.5M $187.0M $0.20 +9.2%
9- $ALCH $64.1M $129.6M $0.15 -2.7%
10- $TUT $37.4M $23.0M $0.03 -1.6%

⭐️Key Information

- $VIRGEN Genesis Launch, currently on Virtuals, will end tonight at 9 a.m. EDT. 
$VIRGEN Launched by the @VaderResearch team with an official background, although it is clear that its Meme attributes, but the design of the launch mechanism behind it is not Meme, and the tokens allocated by the team will all be burned, and the wallet will be handed over to the official management of virtual, and it is clear that $VIRGEN holders will have the opportunity to receive airdrops covering both inside and outside the ecosystem, and all transaction fees will be used to repurchase tokens.

Comment: An official meme has infiltrated the AI Agent project, and the moment to test our faith has come again.

- Cookie DAO @cookiedotfun launched Cookie Snaps, an InfoFi product. You can check the account dashboard to analyze the influence of the account, KOLs post high-quality content, and invite high-quality creators to earn SNAPS points. The first Snaps campaign will be launched at 0:00 Beijing time tonight. In addition, V.1.0 Premium will be launched soon, which will support on-chain transactions.

Comment: Cookie DAO joins InfoFi and will become a strong competitor to Kaito. However, whether it can break the current limitation of InfoFi in the crypto space, which is confined to the small circle of KOL interests, depends on whether Cookie DAO has enough motivation and wisdom to innovate.

📊 Data source: @cryptohunt\_ai, Cookie DAO, Coingecko

💡Risk Warning: The above is for informational sharing only and is not investment advice.