Update on @Grayscale's Decentralized AI Fund
The fund launched in July with 5 projects: Near, Bittensor, Filecoin, Render, The Graph.
* Grayscale manages assets on behalf of clients through the fund, investors buy shares in the fund and Grayscale manages, collects management fees and operates the fund.
The fund has cash flow focused on 3 top projects: $NEAR $TAO $FIL. Number 1 and number 2 rotate.
Not only in terms of fund scope, but also in addition to the market, NEAR and TAO are 2 AI projects with large trading volumes:
$NEAR:
- Current price: $4.25
- Market capitalization: $5.18 billion
- All-time high ATH: $20.44
- All-time low (ATL): $0.527
- 24h volume: $269 million
- Circulating supply: 1.217 billion tokens (100% of total supply)
$TAO:
- Current price: $497.3
- Current market value: $3.67 billion
- All-time high (ATH): $757.6
- All-time low (ATL): $30.83
- 24h trading volume: $146 million
- Circulating supply: 7.38 million tokens (35.1% of total supply) cung)
I'm sure many of you missed TAO because it increased after Grayscale launched a new investment fund in August, but the performance of $NEAR fomo according to the above news is still quite poor, I think it needs time to accumulate. These two will likely go together.
