Ozak AI, a decentralized predictive analytics platform, has raised nearly $1.40 million in presale funding, with Phase 4 well underway. Priced at $0.005, the token aims to achieve a steep rise, with the price expected to peak at $0.01 in Phase 5. So far, investors have already purchased over 39.7 million $OZ tokens out of the 200 million available in this phase—reflecting strong momentum and growing interest in the project.

The project's general layout involves issuing 10 billion tokens, some of which will go to presale, ecosystem incentives, community rewards, and liquidity provisioning. According to the official site, Ozak AI applies a multi-layered network system comprising the Ozak Stream Network (OSN) and Decentralized Physical Infrastructure Networks (DePIN). The frameworks are designed to offer verifiable data, secure automation, and distributed storage. 

The $OZ token’s $1 price target reflects a projected 200x return from the current presale rate. With CoinGecko and CoinMarketCap listings in place and an ongoing $1 million giveaway campaign, the project appears to be gaining retail traction. Buyers holding at least $100 in $OZ tokens are automatically entered into a draw set to reward 100 winners.

Ethereum Price Sees Mild Pullback Amid Short Squeeze Activity

Ethereum (ETH) is trading at $3,624.16 after a 4.04% daily decline. Despite this, the asset experienced a sharp intraday move to $3,856, driven by a short squeeze, before retracing near session lows. The 24-hour volume dropped by 9.55% to $42.78 billion, signaling lower trader engagement.

The current ETH price action indicates an unsuccessful retracement through the price resistance point of $3,850 to a gradual decline. The recent consolidation in Ethereum has been preceded by a more than 47% rally over the past month, which has been supported by rising whale activity and new entrants. Whale wallets reportedly moved over $18 billion in the last 24 hours, marking the highest daily transaction volume in a week.

According to on-chain statistics, new Ethereum buyers have scaled their positions by almost 16% compared with the situation observed in early July. This is an indication of a possible demand shift, but the short-term signals are pointing to the need to be cautious. The ETH/BTC trading also has a bullish pennant development just beyond the 0.032 level, where a breakout in favor of Ethereum could occur in coming sessions.

Future Outlook: Ethereum Slows as Ozak AI Builds Upward Momentum

The $OZ token is already up 400% from its initial price of $0.001. So, the 2x increase in value between $0.005 and $0.01 could drive up the buying pressure because the retail traders want to buy in the early stages to secure early-stage returns.

The current price of Ozak AI is dramatically lower compared to its post-launch price target of $1.00, which creates possible speculative upside potential of 19,900%. Nevertheless, the token listing will be followed by market participants with interest, who will keep an eye on the unlocking schedules and overall market factors after its launch. 

The $OZ token investors will also get an opportunity to be one of 100 winners sharing the $1 million giveaway offered by the team, with a minimum contribution of $100 required to participate.

The Ethereum network is approaching saturation, and Ozak AI's multi-stage price model is fully active. This may expedite the movement of capital to new tokens, which can provide more entry leverage and technological differentiation.

For more information about Ozak AI, visit the links below:

Website: https://ozak.ai/ 

Twitter/X: https://x.com/OzakAGI 

Telegram: https://t.me/OzakAGI

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