Web3 AI Narrative Daily｜May 31

Original author: Sky (WeChat: mangguozhaochi), BlockBeats

Today's News

I. Project Progress

1. POPP 2.0 released, creating a new function of integrating WEB3 and AI
2. AO COMPUTER helps ARWEAVE become an important player in the field of AI
3. AO, the "supercomputer" on Arweave, will be launched on June 13, with a total supply of 21 million tokens
4. Covalent (CQT) has achieved 20% growth since the beginning of the first quarter, reaching 300 million active wallets
5. AO: Building a decentralized Erlang

II. Project Cooperation

Aethir announced List of airdrop projects for Checker node holders, including io.net, Zero1 Labs, etc.

3. Project financing

Plural received US$2.3 million in investment, connecting solar and wind developers with investors through blockchain, allowing people to invest in solar farms, wind farms and battery storage projects for as low as US$10.

Secondary Market

I. AI Concept Tokens

1. The overall market value is $39.021 billion, and the 24-hour trading volume is $1.418 billion.

24-hour Top Gainers:

OpenLM RevShare, 12.2%;
RSS3, 7.1%;
Altered State Machine, 7.7%

The top seven AI tokens by market value are: NEAR, ICP, FET, RNDR, GRT, TAO, AGIX

Data source: CoinGecko

2. According to CoinCecko data, the price has partially dropped and the trading volume has flowed out of the AI narrative:

TAO quoted at $338.10, down 0.3% in 24 hours, with a 24-hour trading volume of $283 million;

RNDR quoted at $10.08, down 1.0% in 24 hours, with a 24-hour trading volume of $171 million;

FET quoted at $2.18, down 1.6% in 24 hours, with a 24-hour trading volume of $193 million;

AKAS quoted at $4.69 in an hour, down 5.9% in 24 hours, with a 24-hour trading volume of $18.25 million;

AIOZ quoted at $0.7609, up 3% in 24 hours, with a 24-hour trading volume of $664 1.《In-depth Analysis

@gensynai Head AI project with large financing amount
@Atoma_Network Verifiable reasoning, building trust in AI Sui ecosystem
@SingularityNET SingularityNET is an AI platform and the foundation of AGI
@getgrass_io Grass AI data layer 0 Long cycle and already have OTC
@Aiinuclub AI meme on base
@OraProtocol ORA AI on Ethereum, ETF main push
@arpaofficial AI & gamefi just raised 6 million US dollars

2. Recommended reading

1.《In-depth Analysis Bittensor: Panorama and future prospects of 34 subnets》

2. "a16z latest release of AI voice agent map: the time to reshape calls"

3. "Telegram launches in-app Copilot robot"

4. "Promoting data flow: How to break the bottleneck of AI data training with the help of encryption technology?

》

5.《AI Apex Asia officially unveiled, fully promoting the innovation and widespread application of artificial intelligence technology in Asia》

6.《How encryption projects solve the bottleneck of AI data training》

7.《How WEB3 and AI reshape content acquisition in emerging markets: REVOX.AI case analysis》

AI & US stocks

I. AI News

1. ChatGPT Plus' five major features are free overnight, is OpenAI backstabbing paying users?
2. Google admits that its newly launched AI overview search function has problems
3. After the resignation of OpenAI, Altman’s negative materials were exposed: habitual liar, forcing employees to sign unfair contracts, and opposing open source together with Microsoft..

II. US stock market

1. The overall market value of the AI sector is $13.936 trillion, down 2.78% in 24 hours;

24-hour Top Gainers:
SOBR 18.03%;

MNTS 11.79%;

HPQ 11.65%

Data source: Tradingview

2. According to Nasdaq data, some U.S. AI concept stocks fell slightly, some rose slightly, and the trading volume increased significantly. Among them:

Nvidia quoted $1105.00, down 3.77% in 24 hours, 24 hours trading volume 48.735 million shares

Meta quoted $467.05, down 0.67% in 24 hours, 24 hours trading volume 10.7352 million shares

Tsm quoted $152.960, down 1.93% in 24 hours, 24 hours trading volume 9.711 million shares

Asml quoted $966.12, up 0.86% in 24 hours, 24 hours trading volume 847,000 shares

Arm quoted $120.73, up 0.07% in 24 hours, 24 hours trading volume 6.8097 million

SMCI quoted $827.94, down 1.40% in 24 hours, 24-hour trading volume 4.7476 million shares

The top seven electronic technology stocks by market value are: AAPL, NVDA, TSM, AVGO, ASML, AMD, QCOM

Data source: Tradingview

Disclaimer

The information and data in this article are collected based on public information and the source has been indicated, but the author of this article does not guarantee the accuracy or completeness of the information. The price of digital currency assets fluctuates greatly. Investors are advised to weigh the risks comprehensively based on their own specific circumstances and invest prudently. The content of this article does not constitute any investment advice. In any case, the author of this article shall not be liable for any possible losses caused by the use of any content in this article.