Track market-moving stories before they get noisy

Tokenized movement will be worth trillions — Sweat Economy co-founder

Coinfest Asia 2024 Confirms Attendance of World’s Top Web3 Figures

Sweat Economy, a Web3 platform with 20 million mobile users incentivizing physical activity, has announced at EthDenver the launch of its new artificial intelligence-powered personal agents in its Sweat Wallet app. 

The initiative was developed in partnership with NEAR.AI, NEAR Protocol’s (NEAR) AI unit. This new large-scale AI deployment is powered by 700,000 queries from $SWEAT token holders and represents a milestone for consumer crypto by introducing personalized assistance to individual users.

Bringing AI-powered assistance to millions With over 19 million $SWEAT token holders and 3 million monthly active users, Sweat Wallet is the first major consumer crypto app to integrate AI agents at scale. These AI-powered assistants will help users with staking, trading, movement incentives, and navigating the Web3 space with ease.

“AI Agents will make Sweat Wallet the smartest omnichain Consumer Crypto app in the world, removing complexity and helping users become both healthier and wealthier,” said Oleg Fomenko, Co-Founder and CEO of Sweat Economy. “The large-scale deployment of AI Agents to millions of mobile SWEAT users marks the beginning of a trillion-agent future, where AI enhances human intelligence and transforms how users interact with crypto.”

Unlike traditional AI-powered chatbots, SWEAT’s AI Agents directly connect to NEAR’s blockchain, allowing for real-time, on-chain personalized assistance. The system is designed for continuous upgrades, ensuring users receive evolving AI-powered support.

Enhancing the Web3 experience with AI The Sweat Wallet AI agents will learn from individual user behavior, enhancing the Web3 experience by lowering entry barriers and providing AI-driven movement incentives. The personalized approach aims to boost engagement and retention, making Web3 as seamless as Web2.

Following the launch, Sweat Wallet will roll out a plug-in with four new AI-powered modules:

Health – Tracks and incentivizes physical activity. News – Provides curated updates on Web3 and crypto. Token Trends – Monitors $SWEAT and other token movements. Security – Enhances user protection and transaction safety.

THE BLOCK: SWEAT protocol thwarts multi-million dollar exploit, restores user balances

Table of contents

Today, LunarCrush, a social intelligence platform, released data listing the top 10 cryptocurrencies based on their market and social activity ranking. This platform uses actionable intelligence to gather and synthesize thousands of coins’ market and social activity, including cryptocurrencies, NFTs, and stocks. In this way, such information helps investors make smart decisions.

SWFTCOIN leads the list According to the data, SWFTCOIN (SWFTC) emerged as the top on this list. Recently, SWFTC has been trending, with its price has been up 81.0% in the past seven days. Its trading volume experienced an increase of $200,783,174 over the last 24 hours, indicating the coin is attracting user interest. The aggregate sentiment score of the token across social media platforms was 4.1/5, reflecting strong positive sentiment among crypto investors.

LunarCrash listed ALPHA as the second top token in the last seven days in terms of market and social activity. However, on-chain data associated with this coin are unavailable for further evaluation.

PepeFork (PORK) scooped the third position with its impressive display of user engagement and its benefits in the market. The token has rapidly risen to importance in the DeFi landscape. In the past week, it significantly attracted interest from crypto users. It recently registered thousands of new active wallets and amassed a remarkable trading volume, signaling increased participation from traders and investors.

Sweat Economy (SWEAT) came fourth with a price rise of 20.5%, showcasing robust bullishness. Its trading volume saw a remarkable rise of 34.10%, indicating a recent increase in market activity. Its popularity is based on its mission of encouraging healthy lifestyles among people and rewarding tokens for their community engagement.

Sperax (SPA) secured the fifth position with an outstanding social media sentiment score of 3 out of 5. The investor sentiment towards the token has been bullish. The asset holds great importance in the crypto market, providing extraordinary features that distinguish it from others.

Litentry (LIT) grabbed position 6 with a price increase of 51.7% in the past week. Its social media sentiment score was 3 out of 5 while trader sentiment toward the asset price has been enthusiastic.

Zentry (ZENT) took the seventh spot with a price increase of 16.3% in the past seven days. With a market cap of $128.98 million, ZENT is currently the 337th largest in the entire crypto ecosystem. It has great growth potential and substantial room for advancement. Its uniqueness attracts the interest of specific groups, which drives its price up.

Other tokens mentioned in this list include neur.sh (NEUR), Act I the AI Prophecy (ACT), and iExec (RLC).

AUTHOR

Nicholas Otieno is a fintech writer specializing in cryptocurrency markets. Since 2019, he has written articles to educate readers about cryptocurrency and its substantial positive impact on global prosperity. Nicholas is a Bitcoin holder, believing firmly in its fundamentals. His work has been featured in publications such as Finance Magnates, Blockchain.News, Bitcoin Magazine, Coincub, and among others. When he's not writing, Nicholas enjoys performing domestic tasks, spending time with friends, listening to music, and watching football.

Rubio: US and Iran to continue technical consultations at the end of this month

Multiple foreign media outlets reported on the 24th that US Secretary of State Rubio said technical teams from the United States and Iran will hold further talks in Switzerland by the end of June. (Xinhua News Agency)

5 hours ago

Over the past 24 hours, total crypto market liquidations hit $606 million, with more than 130,000 traders liquidated.

According to Coinglass data, the global cryptocurrency market recorded $606 million in liquidations over the past 24 hours, including $542 million in long-position liquidations and $68.22 million in short-position liquidations. A total of 135,785 traders worldwide were liquidated in the same period, with the largest single liquidation order occurring on Binance’s BTCUSDT trading pair, valued at $12.0111 million.

5 hours ago

Bitcoin falls below $60,000

According to HTX market data, Bitcoin has fallen below $60,000, with a 4.3% drop in the past 24 hours.

5 hours ago

US Treasury Secretary: AI boom may boost productivity and help curb inflation.

US Treasury Secretary Bessent told CNBC in an interview that he hopes the Federal Reserve will remain "open-minded" about the inflation pattern after the reversal of Iran-related energy price hikes. Bessent noted that the U.S. could enter an economic environment marked by high GDP growth without a corresponding rise in traditional inflation. He cited that in the 1990s, Alan Greenspan foresaw that office modernization and the internet could drive non-inflationary growth, and allowed the economy to keep expanding. Bessent believes the U.S. has a strong chance of seeing a similar scenario again. When asked whether the Fed still needs to worry about potential inflation and whether interest rate cuts are possible this year or next, Bessent declined to comment. However, he argued that it is necessary to stay open-minded about the price or inflation impacts from the Iran conflict, and monitor inflation performance after those effects subside. Bessent also said an open mind is needed, as the AI boom could boost productivity and deliver disinflationary effects, helping inflation return to the Fed’s target level. He added that he believes Kevin Warsh will choose the optimal path that meets both the Fed’s inflation and growth mandates. Bessent also noted that Warsh previously took a hawkish stance on inflation.

5 hours ago

US stocks' intraday storage sector sees broad declines, with Western Digital and Seagate Technology both falling over 4%.

According to Bitget data, during U.S. stock trading hours, the storage sector saw broad declines: Western Digital (WDC) fell 4.47%, Seagate Technology (STX) dropped 4.17%, SanDisk (SNDK) declined 2.31%, and Micron Technology (MU) edged down 0.96%. Most optical communication concept stocks rose, with Corning (GLW) leading the gains at 9.75%, followed by Ciena (CIEN) up 3.24%, Coherent (COHR) rising 2.93%, Lumentum (LITE) gaining 2.61%, and Nokia (NOK) advancing 1.82%. Additionally, Marvell Technology (MRVL) fell 2.59% and Applied Optoelectronics (AAOI) declined 1.90%.

5 hours ago

During intraday trading in U.S. stocks, crypto-related concept stocks fell broadly, with MSTR dropping more than 7%.

According to Bitget market data, the three major U.S. stock indexes rose broadly: the Dow Jones Industrial Average gained 0.94%, the S&P 500 increased 0.60%, and the Nasdaq rose 0.63%. Crypto-related stocks fell across the board, with declines as follows: Strategy (MSTR) down 7.33%; Circle (CRCL) down 4.35%; Bitmine (BMNR) down 3.97%; Coinbase (COIN) down 3.73%; Robinhood (HOOD) down 3.70%; Gemini (GEMI) down 3.27%; Bullish (BLSH) down 3.25%; Sharplink (SBET) down 3.19%.

5 hours ago