Eliza Labs, the developer of the ai16z (AI16Z) project, introduced an artificial intelligence (AI) technology tool capable of analyzing the crypto market and executing trades, Tuesday (14/01). This tool can help investors take action.
This aims to support individual market players' strategies and manage portfolios in the Web3 ecosystem. Meanwhile, this revolution indicates that AI agents are developing rapidly and widely.
"Individual investors are in dire need of a system to help manage their portfolios and conduct intelligent operations and trading," Eliza wrote in the white paper.
For your information, according to VanEck data from December, Web3 currently hosts around 10,000 AI agents who have generated millions of dollars every week.
In addition, several AI coins in the crypto market experienced significant spikes, such as Near Protocol (NEAR) which increased by 3.96%, Internet Protocol (ICP) jumped by 4.18%, and Filecoin (FIL) by 3.79% in the last 24 hours.