AI16Z Surges 45% in the Last 24 Hours... "Anticipation for Its Own Layer 1 Blockchain Launch"
Minseung Kang
Summary
- AI16Z reportedly surged 45% on expectations of launching its own Layer 1 blockchain.
- Specialized media stated that AI16Z's blockchain launch could enhance the utility and value of the token.
- AI16Z announced that it is reviewing plans to revamp its tokenomics, including a staking mechanism.
AI16Z has surged 45% on expectations of launching its own Layer 1 blockchain.
On the 31st, the cryptocurrency media Bankless Times reported, "AI16Z, launched last October, is planning to release its own Layer 1 blockchain," adding, "This could enhance the utility and value of the AI16Z token." Meanwhile, AI16Z is also considering a revamp of its tokenomics, including a staking mechanism, alongside the Layer 1 blockchain launch.
As of 23:20 on this day, AI16Z is trading at $1.86, up 45.1% from the previous day, according to CoinGecko.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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