AI category mindshare up and to the right with $DEAI showing strength AI coin in the past 2 weeks despite market dips.
$DEAI has been consolidating around the 0.40 to 0.45 levels and retesting the resistance levels for the past week.
Here is my thesis for $DEAI that has a 100x smaller MC to $TAO 👇
Strength is clear as it just broke through major resistance.
First, let's compare @zero1_labs with @bittensor
🔷 $DEAI with a $42mil MC vs. TAO’s $4.5B MC
🔷 Sub $10 entry cost for Zero1’s Proof-of-Stake (PoS) system, which drastically lowers the barrier for developers to build and operate on the platform versus TAO’s $1.9M cost for setting up a subnet.
Other notable catalyst for the $DEAI token:
• Cypher Testnet. is planned to go live in 20 days
• They now have over 17,000+ token holders, with 1,000 new holders added recently over this week.
• $DEAI have 17M staked, representing 17% of circulating supply (hint: staker could get something juicy to look forward to)
• They already have 230,000 website users engaged through wallet interactions
• No VCs and fully community at heart projects with active support by 10 international communities, led by active ambassadors.
• Recent governance vote extended token unlocks, ensuring only 1% inflation in the next year, near 0 to low inflation
• Already actively incubating 4 or more projects, including @seraphnet with a 35k strong community, rumors has it that they are launching soon, and I believe they will have something prepared for the $DEAI stakers.
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