AI6Z and Ryze Labs Push AI Trend Forward

Adding to the momentum behind AI6Z whale accumulation is the news that Eliza Wakes Up's new AI protocol project has partnered up with Shaw, the founder of ai16z.

After Eliza Wakes Up’s new AI protocol project partners up with Shaw, the founder of ai16z, Eliza Wakes Up announces this partnership and the onboarding of top-tier advisors.

According to Lookonchain, over the last month, a whale wallet (E9UD…Y9cf) has accumulated over 19.83 million ai16z (AI6Z) tokens, which is roughly valued at $17.82 million, with a realized profit of $8.4 million. The whale also managed to buy tokens like Peanut the Squirrel (PnUT), First Convicted RACCON (FRED) and Obi PNut Kenobi (OPK), which are directly correlated to Eliza’s overarching ecosystem, spending 15,140.85 Solana (SOL).

Currently, this whale’s portfolio is valued at $30 million, and this move has already created amazing returns. An increase of 207% and 345% occurred in the price of FRED and OPK, respectively, in under 24 hours — a clear signal that the market has faith in Eliza.

ai16z is a Decentralized Autonomous Organization that aims to find the synergy between AI and blockchain. Its portfolio includes AI-driven protocols and ecosystems. It is attempting to build scalable, decentralized AI solutions that enhance how DAOs and other blockchain-based systems integrate closer to the user.

On December 25, AI6Z achieved a major milestone, hitting a $1 billion market cap. The withdrawals on Coinbase alone came on the same day a whale moved 13,000 SOL tokens, or $2.58 million, to buy 2.86 million governance AI16Z tokens for an average price of $0.90 per token.

After the purchase, the tokens were transferred to the whale’s main address, which now contains 15.6 million AI6Z, which was worth $14.93 million at the time. The token’s market capitalization is currently valued at $982.02 million and is up 10% in 24 hours at the time of writing.

Ryze Labs, on the other hand, focuses on creating AI combinator projects that merge blockchain infrastructure with next-gen AI features. Ai16z and Ryze Labs are pioneering crypto + AI projects, applying blockchain’s decentralized architecture to enable more intelligent, autonomous AI.