On May 16, 2025, Binance Alpha announced the launch of Alaya AI, featuring a token generation event (TGE) for the AGT token. This event may lead to significant changes in the Binance ecosystem.
Launch of Alaya AI and Its Significance
Alaya AI, developed by Binance Alpha, launched its token generation event on May 16, 2025. The inclusion of Alaya AI underscores Binance's commitment to innovation and decentralization, allowing users to exchange AGT with full token unlock. This event boosts user engagement through Binance Wallet.
Trading Dynamics of AGT Token
According to CoinMarketCap, the Alaya Governance Token (AGT) trades at $0.01, with a market cap of $17.77 million. The circulating supply stands at 1.40 billion AGT, while the fully diluted market cap reaches $63.45 million. The token has experienced a downward trend of 8.89% over the past 90 days.
Impact on Web3 and Technology Market
The Coincu research team suggests that the launch of Alaya AI might influence the evolution of Web3 and data-centric technologies. Binance's historical pattern of integrating AI projects points toward potential increases in industry adoption and technological advancements. Community discussions focus on AGT acquisition methods and future airdrops.
The launch of Alaya AI by Binance Alpha could be a significant step in integrating AI technologies into the cryptocurrency space. With rising user interest in new technologies, AGT token holders may anticipate dynamic market developments.
