Why did ai16z's price surge over 35% today?
The native token of the Agentic AI platform, ai16z (AI16Z), experienced a significant increase of 35% on January 14, reaching an intra-day high of $1.27. This surge elevated its market capitalization from $1 billion to nearly $1.4 billion. The price jump followed an announcement by the project's founder, Shaw, who revealed details about the upcoming version 2 update to Eliza, the operating system that powers the Agentic AI platform. The update is expected to introduce a suite of advanced features, contributing to heightened trading activity and increased interest in the token. Show Less