KEY TAKEAWAYS
- Bybit has listed the Solana-based AI token, AI16Z, on its Spot platform, leading to a 47% price surge within 24 hours.
- AI16Z is the first project in 2025 to gain significant community support for a Spot Listing on Bybit through the ByVotes platform.
- Bybit users can participate in Token Splash and Puzzle Hunt events to earn rewards, with a total prize pool of 100,000 AI16Z tokens.
- AI16Z’s market cap has doubled since December 2024, surpassing $2 billion, driven by its unique combination of AI and crypto meme culture.
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has added the Solana-based AI token, AI16Z, to its Spot platform. The listing, which took place on January 6, 2025, followed the token’s success on ByVotes, Bybit’s community-driven voting platform. This move resulted in a 47% price increase within 24 hours of the listing.
AI16Z is notable for being the first project in 2025 to gain significant community support for a Spot Listing on Bybit. The ByVotes platform, which has been revamped, allows the Bybit community to influence which projects are listed by casting votes. In the past year, several popular projects, including AI-themed LUNAI and various memecoins like CHILLGUY and LUCE, have made their mark through ByVotes.
Community Engagement and Rewards
Bybit users have the opportunity to earn rewards through two events: Token Splash and Puzzle Hunt, each offering a 50,000 AI16Z prize pool. The Token Splash event runs until January 20, 2025, and rewards new users who complete specific tasks with 10 AI16Z each, while existing users can earn up to 1,000 AI16Z by trading the token.
The Puzzle Hunt event, which continues until January 21, allows users to earn or exchange puzzle pieces for a chance to win in a lucky draw. The first 200 users to complete the puzzle will receive 50 AI16Z. Registration is required for both events, and terms and conditions apply. AI16Z is also available for trading via Bybit Spot Grid Bots.
AI16Z’s Market Impact
Since December 25, 2024, AI16Z, the native token of the world’s first investment DAO led by AI agents, has seen its market cap double, surpassing the $2 billion mark. The DAO combines AI’s capabilities with crypto’s meme culture to enhance decentralized governance. The token is powered by the Eliza Framework, with AI Marc, a creation inspired by Marc Andreessen, as its representative.
For more details, the official announcement can be found here.
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