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The new native token of an artificial intelligence (AI) bot project surged by more than 23% after Coinbase added the asset to its listing roadmap.
Freysa AI’s native asset, FAI, is trading at $0.0226 at time of writing, up from around $0.0183 a day ago.
The 298th-ranked crypto asset by market cap launched in late November. Freysa AI aims to be “the first truly sovereign AI agent.”
The project’s AI agent has overseen a series of games designed to test human interaction with powerful artificial intelligence systems. For example, in November, entrants used prompts to “trick” the Freysa AI into authorizing a transfer of prize pool funds. Each prompt cost a fee that in turn increased the prize.
Being added to Coinbase’s listing roadmap means that the top US crypto exchange is considering adding trading support for the asset in the near future. The roadmap was created in 2022 to increase transparency and reduce the possibility of investors frontrunning new trading support announcements.
Coinbase CEO Brian Armstrong has previously said the exchange aims to list as many crypto assets as possible, as long as they meet the company’s standards.
“It’s kind of like Amazon or something like that where a product might have three stars or it might have five stars, but if it starts to get one star consistently, it’s probably fraudulent or defective or something and maybe Amazon will remove it. Otherwise, you want to let the market decide what these things are.”
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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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