GSR Markets has emerged as a significant player in supporting $FLOCK, a token linked to AI infrastructure projects. On the day of the token’s launch, GSR’s wallet (address 0x113…2320b) received 6 million FLOCK tokens from the project’s multi-signature wallet.
These tokens, designated for market-making purposes, represent 4.65% of the circulating supply (or 0.6% of the total token supply). To enhance liquidity and accessibility, all these tokens have been deposited across three prominent exchanges—Gate, MEXC, and Bybit.
On January 3, $FLOCK reached another milestone by being included in Binance Alpha’s latest token selection. What sets this Alpha batch apart is its exclusive focus on AI-themed tokens, with $FLOCK, $ELIZA, and $METAV all highlighting advancements in artificial intelligence. Among these, $FLOCK distinguishes itself as the only project emphasizing AI infrastructure, underscoring its unique value in the AI ecosystem.
According to official updates from [Flock.io](http://Flock.io), the platform is developing Launchpads tailored for AI agents. These Launchpads will allow users to engage with apps and AI agents built on the Flock model. Contributors can earn continuous rewards in the form of platform revenue or distributed tokens, fostering active involvement in the ecosystem.
This development signals a significant shift in the crypto market. The once-popular memecoin trend centered on animal-themed tokens is now giving way to the rapidly growing AI agent market. $FLOCK’s rise demonstrates how AI-driven innovation is redefining the industry, attracting attention and investment from across the crypto space.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
Follow us on Twitter @themerklehash to stay updated with the latest Crypto, NFT, AI, Cybersecurity, and Metaverse news!
Image Source: solarseven/123RF // Image Effects by Colorcinch
In the unpredictable world of cryptocurrency, new tokens launch daily, each one a shining beacon…
Once more, Ethereum is commanding the spotlight as fresh figures indicate that the amount of…
The ecosystem on Arbitrum keeps flaunting its robust foundations, with a steady incline in the…
Once again, major market players are focusing on Ethereum. The whale activity surrounding the second-largest…
It has been a tumultuous week for the artificial intelligence sector in crypto. Sharp valuation…
Following a brief stint of dormancy, the BSC Foundation is back in action, reestablishing its strategic…