Freysa AI Price Jumps 50%
The biggest gainer in the crypto market today emerged as Freysa AI, with its price surging 50% in the last 24 hours. This was an addition to its already impressive performance over the week at 140% and 1800% over the last 30 days.
For this increase, the main reason seems to be the currently bullish direction of the artificial intelligence segment, which has recently drawn the attention of more and more investors. Freysa AI uses one of the most advanced AI technologies in its blockchain projects, and thus the solution is still popular and attracts attention. Its constant growth testifies to the big potential of AI-based cryptocurrencies.
DeepBook Gains 30%, Surpasses $1 Billion in Volume
DeepBook is a decentralized liquidity layer on the Sui blockchain. It surged an impressive 30% in price over the last day. It also comes amidst the bullish momentum of Sui, which continues to rise in the wider crypto market.
DeepBook’s success is further reflected in its recent milestone of surpassing $1 billion in cumulative trading volume. The platform’s unique approach to decentralized finance (DeFi) has cemented its position as a key player in the space, offering robust liquidity solutions that appeal to traders and investors alike.
Sushi’s 20% Jump Amid Referral Campaign
SUSHI, the native token of the popular decentralized exchange SushiSwap, jumped 20% in price from $1.43 to $1.80 within 24 hours. There haven’t been any major updates lately, but one of the reasons could be the ongoing referral campaign on the platform.
The campaign provides users with 40% of trading fees as rewards for every successful referral, thus serving as an incentive for increased activity on the platform. This could have been the catalyst that sparked SushiSwap into renewed interest, forcing SUSHI up even without significant development.
Crypto Market Reclaims $3.6 Trillion
The global cryptocurrency market has slowly crawled back above the $3.6 trillion mark after seeing a long period of volatility. While Bitcoin and Ethereum have posted modest single-digit gains, altcoins like Freysa AI, DeepBook, and Sushi have outperformed and are showing potential to lead the next wave in the market.
This disparate performance indicates that investors need to keep tabs on emerging sectors in the evolving crypto landscape, such as AI and DeFi.
