Destra Network's DSYNC cryptocurrency has surged following an announcement of tax exemption, marking a trend alongside a broader AI token rally.
DSYNC Price Surge
According to CoinGecko, DSYNC has increased by more than 30% in the past day of trading, reaching $0.406. At the beginning of December, the token reached a new all-time high, exceeding half a dollar. The current price is 22% lower than the recent peak.
Factors Influencing Increase
Previously, Destra Network announced via an X post that DSYNC is now tax-free. Shortly after the announcement, the token spiked by 13%, followed by larger gains the next day. The recent rise might have been driven by a broader AI token rally.
Destra Network Developments
Destra Network is known for optimizing AI technology within blockchain and cloud solutions using GPU. The project is working on a platform called Destra Sentient, which will provide traders with specially designed AI agents capable of natural communication.
The rise of DSYNC from Destra Network highlights the growing impact of AI tokens in the market, reflecting a broader trend in the integration of AI and blockchain technologies.
