Top cryptocurrency exchange Binance has introduced a trading rewards program for specific AI tokens. This newly launched promotion is available to both new and existing users and enables them to engage in trading these AI tokens on Binance Spot. Participants have the opportunity to share in a reward pool of 10,000 USDT worth of token vouchers.
According to the official announcement, this promotion is open to all new users and existing regular as well as VIP 1-3 users who haven't conducted trades on Binance Spot in the past 90 days.
This promotion covers spot trading pairs of various AI tokens, including SingularityNET (AGIX), Cortex (CTXC), Fetch.AI (FET), Measurable Data Token (MDT), Numeraire (NMR), OCEAN, Phoenix (PHB), iExec RLC (RLC), and Worldcoin (WLD).
According to research conducted by Kaiko, AI tokens achieved a weekly trade volume exceeding $2 billion for the first time since March. Leading this surge were World Coin (WLD) and Render (RNDR).
The price of WLD experienced significant fluctuations following news related to the former CEO of OpenAI, Sam Altman. On-chain data indicates that the market maker GSR deposited a total of 1.83 million WLD, equivalent to $4.47 million, to exchanges within the last 24 hours.
Other AI tokens also witnessed price gains in response to recent volatility in the crypto AI market. Cortex, which provides an open-source AI platform for democratizing AI through easy integration into smart contracts, saw a 10% increase in its value over the past 24 hours, reaching $0.187.
Measurable Data Token (MDT), an AI token, rose by 7.32% in the last 24 hours, trading at $0.051, with its trading volume surging by 152% during the same timeframe.
Crypto AI token Ocean Protocol (OCEAN) saw an 11.51% increase in value over the past 24 hours, trading at $0.476, and its trading volume also saw a substantial 138% boost during this period.