ai16z token surges 50% on possible talks with venture capitalist a16z

The price of AI-based DAO project token ai16z has skyrocketed following a post by a16z’s Chief Technology Officer (CTO) on Twitter.
According to Cointelegraph on the 18th (local time), Eddy Lazzarin, CTO of a16z, announced that he was taking over from X.
The co-founder of ai16z, an AI-driven DAO project named after venture capital firm a16z, saw his token price soar by more than 50% after he hinted at possible dialogue with the DAO.
When Shaw asked how to contact a16z through X, Lazari replied, "Check your DM (direct message)," and
ai16z is a decentralized autonomous organization (DAO) run by the artificial intelligence agent Eliza, which has no direct ties to a16z but uses the name.
The price of the AI16Z token rose by nearly 55% within 24 hours after X's article, and its current market capitalization is over $480 million.
The token was launched on October 24th. Anonymous cryptocurrency influencer 0xMerp said, "Comparing the DeFi summer to this meta, ai16z is the
It can be seen as the AAVE of the world. It is a technology that everyone is trying to replicate. This is a DeFi prototype that played a leading role in the DeFi bull market in 2021.
Ai16z aims to invest in and support projects in the blockchain ecosystem through decentralized artificial intelligence, and is a joint venture between Disco and Twit.
It is powered by the AI tool Eliza, a flexible AI tool that allows users to create original, interactive characters that can be connected to other users.