On February 3, 2025, Kekalf, The Green (@NFT5lut) announced on X (formerly Twitter) a need for $200k to $300k to fund a decentralized AI drone startup through the current market cycle. This tweet, which also expressed willingness to collaborate with other Brain DAOs, was posted at 10:45 AM UTC. The announcement immediately sparked interest in the crypto and AI communities, resulting in a noticeable surge in trading activity for AI-related tokens. According to CoinGecko data, the AI token associated with BasedAI saw an increase in trading volume by 12% within the first hour following the tweet, from 1.2 million to 1.34 million tokens traded, with the price jumping from $0.87 to $0.93 (CoinGecko, 2025-02-03 11:45 AM UTC).

The trading implications of this announcement are significant, particularly for tokens directly linked to AI technologies. The BasedAI token (BAI) experienced a notable rise in its trading volume and price, as mentioned, but it also led to increased volatility in other AI-related tokens. For instance, the SingularityNET token (AGIX) saw a 7% increase in its trading volume to 2.5 million tokens traded, with its price rising from $0.55 to $0.59 within the same timeframe (CoinMarketCap, 2025-02-03 12:00 PM UTC). This surge in trading activity suggests a strong market sentiment towards AI-driven projects, particularly those that could potentially collaborate with BasedAI's new venture. Additionally, the correlation between AI tokens and major cryptocurrencies like Bitcoin and Ethereum was observed, with Bitcoin's price increasing by 1.2% to $45,000 and Ethereum's by 1.5% to $3,200 within the same period (Coinbase, 2025-02-03 12:15 PM UTC).

From a technical analysis perspective, the BAI token displayed a bullish trend following the announcement. The Relative Strength Index (RSI) for BAI moved from 62 to 70 within an hour, indicating a strong buying pressure (TradingView, 2025-02-03 11:45 AM UTC). The Moving Average Convergence Divergence (MACD) also showed a bullish crossover, with the MACD line crossing above the signal line, suggesting further potential upward momentum (TradingView, 2025-02-03 11:45 AM UTC). On-chain metrics further supported this bullish sentiment, with the number of active addresses for BAI increasing by 8% to 15,000, indicating heightened interest and participation in the token (CryptoQuant, 2025-02-03 12:00 PM UTC). The trading volume across multiple exchanges for BAI/BTC, BAI/ETH, and BAI/USDT pairs saw significant increases, with BAI/BTC volume up by 15%, BAI/ETH by 12%, and BAI/USDT by 18% within the first two hours post-announcement (Binance, 2025-02-03 12:45 PM UTC).

The announcement by Kekalf, The Green, has clear implications for the AI-crypto market correlation. The immediate reaction in the market, particularly for AI tokens like BAI and AGIX, demonstrates the potential for AI developments to drive crypto market sentiment. The increase in trading volumes and prices of these tokens, coupled with the rise in major cryptocurrencies, suggests a positive correlation between AI-related news and broader market movements. This correlation presents trading opportunities, particularly in AI/crypto crossover assets, where traders can capitalize on the heightened interest and volatility. Additionally, the increase in AI-driven trading volume, as seen with the surge in active addresses and trading pairs, underscores the growing influence of AI developments on crypto market dynamics. This trend is likely to continue as more AI projects emerge and collaborate within the decentralized ecosystem.