According to TechFlow, on July 17, perhaps affected by the news that "Grayscale launches a new decentralized AI fund", according to HTX market data, LPT and TAO rose by more than 5% in a short period of time, and other tokens (NEAR, RNDR, FIL) also rose slightly in a short period of time.

Earlier news, Grayscale announced the official establishment of Grayscale Decentralized AI Fund LLC, a new decentralized AI fund company, which aims to promote AI investment in the cryptocurrency industry. As of today, the fund basket already includes Bittensor (TAO), Filecoin (FIL), Livepeer (LPT), Near (NEAR) and Render (RNDR). Among them, Near, Filecoin and Render are the assets with the highest weights in the fund.