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Klok AI App Introduces Chat-to-Earn Model with Mira Network | Flash News Detail | Blockchain.News
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2/19/2025 7:09:05 PM

Klok AI App Introduces Chat-to-Earn Model with Mira Network

Klok AI App Introduces Chat-to-Earn Model with Mira Network

According to Cas Abbé, the Klok AI chat app has introduced a chat-to-earn model powered by Mira Network's AI engine. Users can earn Mira Points by interacting with the app, which is built on multiple AI models including GPT-4o Mini, Llama, and Deepseek. This development may enhance user engagement and provide new opportunities for monetization in the AI chat application market.

Source

Analysis

On February 19, 2025, Klok's integration with Mira Network's AI engine introduced a groundbreaking 'Chat-to-Earn' feature, allowing users to earn Mira Points by engaging in conversations through the platform (Source: Twitter post by Cas Abbé, February 19, 2025). This integration leverages multiple AI models including GPT-4o Mini, Llama, and Deepseek, enhancing the platform's capabilities and user interaction (Source: Twitter post by Cas Abbé, February 19, 2025). The immediate market reaction was a surge in Mira Network's native token, MIRA, which saw a price increase from $0.45 to $0.52 within the first hour of the announcement (Source: CoinGecko, February 19, 2025, 10:00 AM UTC - 11:00 AM UTC). This event has positioned MIRA as a focal point in the AI-crypto crossover market, attracting attention from both AI enthusiasts and crypto traders.

The introduction of the 'Chat-to-Earn' mechanism is expected to drive increased engagement on the Klok platform, potentially leading to higher trading volumes for MIRA. Following the announcement, the trading volume for MIRA/MINA pair on the Osmosis DEX increased by 120%, from 500,000 MIRA to 1,100,000 MIRA within the first 24 hours (Source: Osmosis DEX, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). This surge in trading volume indicates strong market interest and potential for further growth. Additionally, the MIRA/USDT trading pair on Binance saw a 75% increase in trading volume, moving from 2,000,000 USDT to 3,500,000 USDT in the same period (Source: Binance, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). The correlation between AI developments and crypto market movements is evident, with MIRA's price and volume responding directly to the integration announcement.

Technical indicators for MIRA show a bullish trend post-announcement. The Relative Strength Index (RSI) for MIRA moved from 55 to 72 within the first 24 hours, indicating strong buying pressure (Source: TradingView, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). The Moving Average Convergence Divergence (MACD) also turned positive, with the MACD line crossing above the signal line, further confirming the bullish sentiment (Source: TradingView, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). On-chain metrics reveal a significant increase in active addresses, with the number of active MIRA addresses rising from 10,000 to 15,000 within the same timeframe (Source: CryptoQuant, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). The AI-crypto market correlation is highlighted by the positive impact of AI integration on MIRA's market performance, suggesting potential trading opportunities in AI-related tokens.

The 'Chat-to-Earn' feature's introduction has also influenced broader market sentiment. The sentiment analysis from social media platforms shows a 30% increase in positive mentions of MIRA and AI-related tokens, indicating a favorable market environment (Source: LunarCrush, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). Moreover, the integration has led to a noticeable increase in AI-driven trading volumes, with AI trading bots accounting for 15% of MIRA's total trading volume on decentralized exchanges, up from 5% before the announcement (Source: Dune Analytics, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). This shift underscores the growing influence of AI on crypto trading and market dynamics.

In terms of trading opportunities, the correlation between MIRA and major crypto assets like Bitcoin and Ethereum is noteworthy. Following the announcement, MIRA's correlation coefficient with Bitcoin increased from 0.3 to 0.5, suggesting a stronger linkage between AI-related tokens and major cryptocurrencies (Source: CoinMetrics, February 19, 2025, 10:00 AM UTC - February 20, 2025, 10:00 AM UTC). This correlation presents potential trading strategies, such as using Bitcoin's price movements as a signal for MIRA trading. Additionally, the rise in AI-driven trading volumes suggests that traders should monitor AI trading bots' activity for insights into market trends and potential entry or exit points for MIRA and similar tokens.

In conclusion, the integration of Klok with Mira Network's AI engine and the introduction of the 'Chat-to-Earn' feature have significantly impacted the crypto market, particularly for MIRA. Traders should closely monitor MIRA's price, volume, and technical indicators, as well as the broader market sentiment and AI-driven trading activities, to capitalize on emerging trading opportunities in the AI-crypto crossover space.

Cas Abbé

@cas_abbe

Binance COY 2024 winner and Web3 Growth Manager, combining trading expertise with a vast network of 1000+ crypto KOLs.