Week in AI: Fear Maxed, AI Dump, Cardano Shock
BTC at $81K! Fear & Greed at 10! AI sector -14.7%!
Let’s dive in. 🧵
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📈 Market Overview
BTC at $81K, Fear & Greed at 10. AI sector -14.7%, nearly wiping two years of gains as majors sell off and only ~12% of top 100 finish the week green.
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🤖 Small-Cap Outliers
While majors dump, a few small caps rip:
🔹 TRUST +62.1% (Biconomy comp)
🔹 GRASS +24.3% (pre–Token Holder Call)
🔹 LMWR +19.8%
🔹 KITE +18.6% (Biconomy comp)
Most cluster near ~$30M mcap.
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📊 Sector Context
AI has round-tripped almost two years of growth, back to Dec 2023 levels. AI still holds up slightly better than most sectors by weighted FDV declines. FET is the major outperformer, down just 2.3% WoW.
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⚠️ Cardano AI Exploit Narrative
Cardano sees a brief chainsplit after a user reruns an old node bug with AI-generated “vibe coded” instructions. Hoskinson calls it a targeted attack and says the FBI is now involved.
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🌐 Big-Money AI Bets
🔹 Numerai raises $30M Series C at a $500M valuation to scale its AI hedge fund, data tournament and institutional products.
🔹 Jeff Bezos’ $6.2B Project Prometheus targets “physical world” AI models for engineering and manufacturing.
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