US President Donald Trump's announcement of his $500 billion artificial intelligence project, Stargate, could spark a new surge in AI tokens.
said Dr. Max Li, founder and CEO of OORT, a decentralized cloud computing platform. OORT previously collaborated with BNB Greenfield in March 2024 to strengthen the BNB Chain ecosystem.
On January 21, President Trump announced that ChatGPT creator OpenAI, Japanese investment firm SoftBank, US tech giant Oracle, and United Arab Emirates' sovereign wealth fund arm MGX have partnered to build a $500 billion AI infrastructure. He announced that he is starting a project. The initiative is based in the United States and has already secured initial funding of $100 billion.
According to Dr. Lee, the Stargate project could have a significant impact on the overall market price trend.
“With AI coins making headlines recently, the Trump administration’s investments in AI infrastructure could have a direct impact on price movements. AI-based digital asset management such as Ai16z,” Lee said in comments shared with crypto.news.
This announcement caused the market capitalization of AI tokens and agents to rise. Notable gainers include Artificial Superintelligence Alliance (FET), Virtuals Protocol (VIRTUAL), and ai16z (AI16Z).
World Coin (WLD), linked to by OpenAI co-founder Sam Altman, also experienced a notable spike.
Over the past year, AI tokens have outperformed other digital assets in developments and news related to artificial intelligence. While companies like OpenAI and Nvidia are at the center of these trends, the market is also seeing growing activity at the intersection of AI and cryptocurrencies. AI agents have emerged as one of the latest hot topics.
Mr. Lee added.
“The convergence of DeFi and AI will also accelerate, as developers and investors have been eyeing this space for some time. There will be a proliferation of AI projects launching tokens, followed by a cycle of filtering and reshuffling. Ultimately, only those with real business value and practical use cases will survive.”