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AI agent tokens, including AI16z and Virtuals Protocol, are experiencing significant gains as Franklin Templeton highlights their potential within the crypto ecosystem. AI16z's token surged over 18% to $1.30, while Virtuals Protocol's token rose 15% to $2.98, sparking speculation that AI could become the latest trend in cryptocurrency trading. Despite recent recoveries, both tokens remain below their all-time highs, indicating ongoing volatility in the market.
Dogecoin has surged nearly 11% to $0.375, marking its highest price since December 18, driven by market momentum and support from notable figures. Meanwhile, Fartcoin has reached an all-time high of $1.53, fueled by AI-related hype, as the crypto market sees a renewed interest in meme coins and AI agent tokens. Bitcoin ETF outflows hit a record $333 million, attributed to profit-taking as investors reassess their portfolios at the start of 2025.
Crypto.com has launched a sports prediction market in the U.S., starting with the Super Bowl, allowing users to bet on NFL outcomes using various digital assets. This move taps into the growing interest in sports betting, which generated $14.30 billion in revenue in 2024, and positions Crypto.com to engage its sports fan base effectively. The platform's entry coincides with its U.S. trust company launch, enhancing custody services for customers.
Sonic SVM, the developer behind the TikTok tap-to-earn game SonicX, will airdrop SONIC tokens on the Solana blockchain to users who join the game. Since its launch in October, SonicX has attracted over two million players without requiring crypto wallets, and the airdrop is set for January. The game aims to expand the tap-to-earn genre, which has gained popularity through platforms like Telegram.
Haliey Welch, known as the Hawk Tuah girl, has emerged after a 372-hour silence to announce her cooperation with a law firm suing the creators of the failed HAWK meme coin, which collapsed shortly after launch. Despite her involvement as a face of the project, her spokesperson claims she had no control over it and received only a fixed sponsorship fee. The lawsuit, filed by 12 plaintiffs alleging over $151,000 in damages, does not list Welch as a defendant, a strategic decision by the law firm to expedite potential recovery for investors.
Tomarket, a popular Telegram game, is launching its TOMA token on the Aptos network on December 20, following a shift from The Open Network. An airdrop will distribute 80% of the total token supply, with eligibility based on specific in-game tasks. Players can claim their tokens through centralized exchanges or external wallets, with further developments planned post-airdrop, including a Farming Pool feature.
Pixelverse is set to launch 'MemeBattle,' a tactical deck builder game featuring characters based on popular cryptocurrency memes, including Brett and others from the Base network. Players can create squads and compete for rewards, with an initial release of 10 meme coin characters in January. The game follows Pixelverse's success with PixelTap and is supported by significant funding from Gate.io's Meme Fund and venture capital firms.
Blockchain gaming is evolving as major studios like Sony and Square Enix adopt layer-2 solutions, enhancing player experiences and reducing onboarding friction. Despite ongoing skepticism about credibility, over 71% of gamers recognize ownership as the primary benefit of blockchain games. The industry is shifting from traditional play-to-earn models to merit-based systems, emphasizing seamless integration and community-driven game development.
SatLayer has integrated with the Sui blockchain, enabling developers to utilize Bitcoin's significant market presence in decentralized finance applications. This collaboration aims to enhance the tools available for building secure decentralized applications, leveraging Sui's speed and scalability alongside Bitcoin's security.In related news, the Babylon Chain has surpassed $3.6 billion in Bitcoin deposits, reflecting a growing interest in restaking platforms. With significant backing and partnerships, both SatLayer and Babylon are positioning themselves as key players in the evolving DeFi landscape.
The Philadelphia 76ers have launched "Spectrum Sprint," a free-to-play mobile game in collaboration with Crypto.com, featuring pixel art and side-scrolling gameplay through iconic Philadelphia landmarks. Players can earn digital collectibles and compete for exclusive prizes, including courtside seats and VIP experiences, while an in-game leaderboard tracks top performers. This game is part of a three-game Web3 series celebrating the team's Nike City Edition uniforms, with the first game already released and a third set to debut in March.
Ryan S. Gladwin
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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