In a remarkable 24-hour period, the price of ai16z saw an increase of 33%, positioning it as the leading Solana meme coin. It has surpassed other meme coins such as Pudgy Penguins, which has a market cap of $2.641 billion.
This makes ai16z the first AI token on the Solana blockchain to reach a $2 billion market cap, marking a significant milestone as the AI agents narrative gains momentum within the cryptocurrency space.