Freysa AI (FAI) Price Surges 50% While DeepBook (DEEP) Shows a 30% Pump as Bitcoin (BTC) Hovers Below $98,000

The global crypto market cap has shown signs of positive momentum as it reclaimed the $3.5 trillion mark. While Bitcoin (BTC) and Ethereum (ETH) have shown modest single-digit gains, few coins have outperformed the overall market.

The price of Freysa AI (FAI) surged 23.6% in the last 24 hours to $0.09 at the last check on Saturday. The token enjoyed a seven-day gain of 140% and a 30-day gain of 1800%.

The surge in FAI’s price could be attributed to the broader bullish sentiment in the artificial intelligence (AI) sector, which has attracted attention and capital in recent weeks.

Moreover, the recent integration of Freysa AI with Chainlink (LINK) could have also contributed to the increased demand for the FAI token.

As reported, Freysa AI and Chainlink announced a partnership to integrate Chainlink Price Feeds into Freysa AI’s decentralized AI protocol.

The integration will enable Freysa AI to access reliable and up-to-date price data for various cryptocurrencies and fiat currencies.

Another token that enjoyed a significant price pump in the last 24 hours was DeepBook (DEEP), which surged 18% to reach a high of $0.1687.

The price of DEEP surged following the announcement that the decentralized liquidity layer built on Sui (SUI) had surpassed $1 billion in cumulative trading volume.

“DeepBook has officially surpassed $1B in cumulative trading volume! That's $1,000,000,000 worth of trades flying through the backbone of Sui's DeFi. What's next? Another billion…or two? We're getting lit in 2025!!,” the project announced on Twitter.

The announcement was also accompanied by a graphic that depicted a candle wick soaring through the atmosphere, leaving a trail of flames behind it. The wick was adorned with the DeepBook logo and the Sui chain emblem.

In the realm of centralized exchanges, Binance enjoyed a seven-day net realized profit of $63 million, while FTX experienced a loss of $21 million.

The seven-day net realized profit for OKX was $11 million, and Bybit traders incurred a loss of $7 million. Phemex traders experienced a loss of $3 million.

The global crypto market cap stood at $3.52 trillion, indicating a 24-hour increase of 1.08%.