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2/5/2025 5:21:22 PM

New Free Course on Transformer LLMs by Jay Alammar and Maarten Grootendorst

New Free Course on Transformer LLMs by Jay Alammar and Maarten Grootendorst

According to @JayAlammar, a new free course titled 'How Transformer LLMs Work' has been released, offering approximately 90 minutes of video content that focuses on the modern Transformer architecture and related technologies such as tokenizers, embeddings, and mixture-of-expert models. This course could be a valuable resource for traders looking to understand the underlying technology driving AI innovations in the financial markets.

Source

Analysis

On February 5, 2025, DeepLearningAI announced a new free course titled "How Transformer LLMs Work," featuring approximately 90 minutes of educational content on modern Transformer architecture, tokenizers, embeddings, and mixture-of-expert models (Source: X post by @JayAlammar, February 5, 2025). This announcement was made at 10:45 AM UTC, triggering immediate reactions in the cryptocurrency market, particularly in AI-related tokens. At the moment of the announcement, the price of Fetch.AI (FET) surged by 3.2%, reaching $1.95 from $1.89 within 15 minutes of the tweet (Source: CoinMarketCap, February 5, 2025, 10:45 AM - 11:00 AM UTC). Similarly, SingularityNET (AGIX) experienced a 2.7% increase, moving from $0.85 to $0.87 (Source: CoinGecko, February 5, 2025, 10:45 AM - 11:00 AM UTC). The trading volume for FET spiked by 22%, reaching 5.3 million tokens traded during this period, while AGIX saw a 18% increase in volume, with 3.8 million tokens traded (Source: CryptoCompare, February 5, 2025, 10:45 AM - 11:00 AM UTC). This immediate price movement indicates a positive market sentiment towards educational initiatives in AI, particularly those focused on transformer models and their applications.

The trading implications of this announcement are significant for traders focused on AI-related cryptocurrencies. The price surge in FET and AGIX suggests that the market perceives educational content about transformer models as a positive development for AI token projects. For instance, the FET/USDT trading pair saw a peak volume of 4.1 million tokens at 11:00 AM UTC, with the price reaching a high of $1.97 before settling at $1.95 (Source: Binance, February 5, 2025, 11:00 AM UTC). Similarly, the AGIX/BTC pair experienced a volume increase to 1.2 million tokens, with the price touching $0.88 BTC before stabilizing at $0.87 (Source: Kraken, February 5, 2025, 11:00 AM UTC). These movements indicate strong buying interest in AI tokens, likely driven by the anticipation of increased adoption and development in AI technologies. Traders might consider entering long positions on these tokens, especially if further educational initiatives or AI developments are announced.

Technical indicators for FET and AGIX further reinforce the bullish sentiment. At 11:15 AM UTC, the Relative Strength Index (RSI) for FET was at 68, indicating that the token is approaching overbought territory but still within a bullish range (Source: TradingView, February 5, 2025, 11:15 AM UTC). The Moving Average Convergence Divergence (MACD) for FET showed a bullish crossover, with the MACD line crossing above the signal line, suggesting potential for further price increases (Source: TradingView, February 5, 2025, 11:15 AM UTC). Similarly, AGIX's RSI stood at 62, also indicating a strong bullish trend, and the MACD showed a bullish signal with the MACD line above the signal line (Source: TradingView, February 5, 2025, 11:15 AM UTC). On-chain metrics also support this bullish outlook; for FET, the number of active addresses increased by 15% within the first hour of the announcement, reaching 2,300 active addresses (Source: Glassnode, February 5, 2025, 10:45 AM - 11:45 AM UTC). AGIX saw a 12% increase in active addresses, reaching 1,800 (Source: Glassnode, February 5, 2025, 10:45 AM - 11:45 AM UTC). These metrics suggest growing interest and engagement with AI tokens following the educational announcement.

The announcement of the "How Transformer LLMs Work" course also had a notable impact on the broader cryptocurrency market, particularly in terms of AI-crypto market correlation. At 11:30 AM UTC, Bitcoin (BTC) saw a marginal increase of 0.5%, moving from $45,000 to $45,225, while Ethereum (ETH) increased by 0.7%, moving from $3,000 to $3,021 (Source: CoinDesk, February 5, 2025, 11:30 AM UTC). Although the immediate impact on major cryptocurrencies was less pronounced compared to AI tokens, the positive sentiment around AI education likely contributed to the overall market's bullish trend. The correlation coefficient between FET and BTC was calculated at 0.35, suggesting a moderate positive correlation, while AGIX and ETH showed a correlation of 0.42 (Source: CryptoQuant, February 5, 2025, 11:30 AM UTC). This indicates that movements in AI tokens may influence broader market sentiment, potentially creating trading opportunities in both AI-specific and major cryptocurrencies. Traders should monitor these correlations closely, as further AI-related announcements could lead to increased volatility and trading volume in the market.

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