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AI16Z Surges 45% in the Last 24 Hours... "Anticipation for Its Own Layer 1 Blockchain Launch"

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Minseung Kang
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  • AI16Z reportedly surged 45% on expectations of launching its own Layer 1 blockchain.
  • Specialized media stated that AI16Z's blockchain launch could enhance the utility and value of the token.
  • AI16Z announced that it is reviewing plans to revamp its tokenomics, including a staking mechanism.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Image = AI16Z X CaptureImage = AI16Z X Capture

AI16Z has surged 45% on expectations of launching its own Layer 1 blockchain.

On the 31st, the cryptocurrency media Bankless Times reported, "AI16Z, launched last October, is planning to release its own Layer 1 blockchain," adding, "This could enhance the utility and value of the AI16Z token." Meanwhile, AI16Z is also considering a revamp of its tokenomics, including a staking mechanism, alongside the Layer 1 blockchain launch.

As of 23:20 on this day, AI16Z is trading at $1.86, up 45.1% from the previous day, according to CoinGecko.

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minriver@bloomingbit.ioBloomingbit reporter