The AI16Z token rose by 50% after a mention from the company a16z
The AI16Z token increased by 50% after a16z Crypto's CTO, Eddy Lazarin, hinted at a possible collaboration with the eponymous decentralized organization (DAO) on social network X. AI16Z is an AI-driven project that helps make investment decisions in the blockchain space.
Since its launch in October, the token has gained popularity and reached a market capitalization of $480 million. Experts call AI16Z a new stage in the development of blockchain projects that combine AI and decentralization.