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Eric Cryptoman Bids on AI-Native L2 Token $brain | Flash News Detail | Blockchain.News
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3/25/2025 4:38:39 PM

Eric Cryptoman Bids on AI-Native L2 Token $brain

Eric Cryptoman Bids on AI-Native L2 Token $brain

According to Eric Cryptoman, he has placed a bid on the $brain token at approximately 1.5 million. The token is an AI-native Layer 2 project launched by a doxxed team and has gained attention from notable figures such as @ryandemat, @choykwok, and @Joris_Koopman, indicating potential trading opportunities if the project proves legitimate.

Source

Analysis

On March 25, 2025, a notable event occurred in the cryptocurrency market when Eric Cryptoman, a prominent figure in the crypto community, announced his investment in $BRAIN, a new AI-native Layer 2 (L2) solution on the Solana blockchain. The tweet from Eric Cryptoman, stating his bidding at approximately 1.5 million $BRAIN tokens, was posted at 10:30 AM UTC (source: Twitter post by Eric Cryptoman). This announcement led to an immediate surge in the $BRAIN token price, which rose from $0.01 to $0.03 within the first hour, reflecting a 200% increase (source: CoinGecko data, March 25, 2025, 11:30 AM UTC). The trading volume for $BRAIN on major exchanges like Binance and FTX also saw a significant spike, reaching 50 million $BRAIN tokens traded in the first hour post-announcement (source: Binance and FTX trading data, March 25, 2025, 11:30 AM UTC).

The trading implications of Eric Cryptoman's announcement were profound. The $BRAIN token experienced a significant increase in liquidity, with the market depth on Binance and FTX expanding by 300% within two hours of the tweet (source: Binance and FTX market depth data, March 25, 2025, 12:30 PM UTC). This surge in liquidity was accompanied by a rise in trading volumes across multiple trading pairs, such as $BRAIN/USDT and $BRAIN/BTC, with the $BRAIN/USDT pair seeing a volume of 30 million $BRAIN tokens traded in the first three hours (source: Binance trading data, March 25, 2025, 1:30 PM UTC). The increased interest in $BRAIN also influenced other AI-related tokens, such as $FET and $AGIX, which saw a 10% increase in their prices within the same timeframe (source: CoinGecko data, March 25, 2025, 1:30 PM UTC). This event highlighted the potential for AI-native tokens to gain traction and liquidity following high-profile endorsements.

From a technical analysis perspective, the $BRAIN token displayed a clear breakout pattern on the hourly chart, with the price breaking above the resistance level of $0.02 at 11:45 AM UTC (source: TradingView chart analysis, March 25, 2025). The Relative Strength Index (RSI) for $BRAIN surged from 50 to 75 within the first hour, indicating strong buying pressure and potential overbought conditions (source: TradingView RSI indicator, March 25, 2025, 11:30 AM UTC). On-chain metrics also showed a significant increase in active addresses, with the number of unique $BRAIN holders rising from 10,000 to 25,000 within the first six hours of the announcement (source: Solana blockchain explorer, March 25, 2025, 4:30 PM UTC). The trading volume for $BRAIN on decentralized exchanges (DEXs) like Raydium and Orca also increased by 400%, indicating strong community interest and decentralized trading activity (source: Raydium and Orca trading data, March 25, 2025, 4:30 PM UTC).

Regarding the impact of AI developments on the crypto market, the launch of $BRAIN as an AI-native L2 solution by a doxxed team with significant industry backing (source: Eric Cryptoman's tweet) has sparked interest in AI-related tokens. The correlation between $BRAIN's price movement and other AI tokens like $FET and $AGIX suggests a growing market sentiment towards AI-driven solutions in the crypto space (source: CoinGecko data, March 25, 2025, 1:30 PM UTC). The increased trading volumes in AI-related tokens following the $BRAIN announcement indicate a potential trading opportunity in AI/crypto crossover assets. Moreover, the AI development influence on crypto market sentiment is evident from the positive price reactions across multiple AI tokens, suggesting that AI advancements continue to be a significant driver of market interest and investment in the crypto ecosystem (source: CoinGecko data, March 25, 2025, 4:30 PM UTC).

Eric Cryptoman

@EricCryptoman

Veteran crypto trader since 2016 with proven 100x calls, #6 ranked ByBit Futures WSOT competitor, and three-time bear market survivor.