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Binance Alpha Unveils 10 Tokens—Are AI Coins the New Bullish Narrative?
Home Articles Binance Alpha Unveils 10 Tokens—Are AI Coins the New Bullish Narrative?

Binance Alpha Unveils 10 Tokens—Are AI Coins the New Bullish Narrative?

Simon Simba
Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.
December 18th, 2024

Binance Alpha released its first two batches of ten tokens on December 18, 2024. These tokens were selected from four major blockchain ecosystems: four from BNB, three from Ethereum, two from Solana, and one from Base.

Binance Alpha-10 tokens from four blockchains 

Binance recently added the Binance Alpha feature to its wallet to showcase early-stage cryptocurrency projects with potential growth. The initiative seeks to provide transparency for the token evaluation process for future listing on the Binance Exchange.

The first batch of tokens was Koma (KOMA), Cheems (CHEEMS), APX Finance (APX), ai16z (AI16Z), and aixbt by Virtuals (AIXBT). The second batch includes Cakepie (CKP), Gearbox Protocol (GEAR), Stader (SD), Maple Finance (SYRUP), and Fartcoin (FARTCOIN).

In addition to indicating that the first two batches were from four blockchains—BNB, Solana, Ethereum, and Base—30% of the tokens are associated with AI narratives: Fartcoin, ai16z, and AIXBT.

Are AI crypto tokens the cycle’s narrative?

Fartcoin (FARTCOIN)

Fartcoin is one of the first AI coins included in the Binance Alpha batch one. It launched in late October 2024 and currently sits at an $896 million market cap. The memecoin gained popularity for its playful branding based on fart jokes and memes.

FARTCOIN stands out for featuring “Gas Fees” that produce fart sounds during transactions. It has experienced a 38.34% surge in the last 24 hours, trading at $0.941, and is predicted to trade between $0.963976 and $1.567672 by the end of 2024. In 2025, it should trade between $1.652262 and $4.61.

ai16z (AI16Z)

ai16z launched on 27 October 2024 and is currently the second-largest AI memecoin by market capitalization. It operates as a DAO (decentralized autonomous organization) that uses artificial intelligence to make investment decisions.

The AI16Z price currently sits at a $868 million market cap with a price of $0.7891 after a 24-hour price surge of 78.72%. It is expected to trade between $0.81339 and $1.323695 toward the end of the year. 

In 2025, the AI16Z should trade between $1.395199 and $3.89. 

aixbt by Virtuals (AIXBT)

AIXBT, one of the leading crypto AI agents, also had a space within the Binance Appha projects. It uses advanced AI technology to provide token holders with strategic insights into the cryptocurrency market by analyzing narratives and market trends.

The token currently sits at a $233.58 million market cap with a price of $0.2721 after a 24-hour surge of 20.24%. As 2024 ends, experts predict that the AIXBT price should trade between $0.264705 and $0.419199. In 2025, it is expected to trade between $0.440847 and $1.196653. 

The first ten tokens from Binance Alpha indicate gaining traction and the specific AI narrative that’s currently trending. However, crypto traders must cautiously navigate the speculative dynamics that are based on hype rather than fundamental value.

Contributors

Simon Simba
Simon is a writer with five years experience in crypto and iGaming. He currently works as a freelance writer at BanklessTimes where he focuses on simplifying daily crypto developments for readers. He discovered crypto in 2022 while writing news about NFTs for a news website in the US, and has since written for two other international NFT projects, and a Web3 gaming agency.