On February 5, 2025, a tweet from Gordon (Altcodordon) has caused an interest in the capabilities of the verbal encrypted currencies, especially highlighting $ Sai (smart smart) with the contract address 0x3567AA2Cd3ab9aef23d7e18e0d7cf16974d7e 2025). After this announcement, $ Sai witnessed a significant price increase. At 10:00 am World time on February 5, $ Sai was traded at $ 0.15, and at 12:00 pm UTC, the price rose to $ 0.22, which represents an increase of 46.67 % within two hours (Source: Coingecko, 5 February 2025). The trading volume of $ Sai has also seen a significant increase, moving from the size of $ 5 million Sai at 4 to 15 million SAI by the end of February 5 (Source: Coinmarkcap, February 5, 2025). This event was part of the direction of a wider market in favor of the acting distinctive symbols, with similar increases in other encrypted currencies that focus on artificial intelligence such as $ Fet (Fetch.AI) during the same period (Source: Coingecko, February 5, 2025).
The trading effects on Gordon’s tweet and the subsequent increase in the price of $ Sai are large. The increase in trading volume indicates an increase in interest and liquidity at $ Sai, indicating a strong feeling in the market towards the symbols associated with AI (Source: CoinMarketCAP, February 5, 2025). This increase also affected other commercial pairs that include $ Sai. For example, on the pair of $ Sai/$ BTC, the price was moved from 0.0000025 BTC at 10:00 am to 0.0000037 BTC by 12:00 pm UTC, an increase of 48 % (Source: Binance, February 5, 2025). On the pair of $ sai/USDT, the price move from $ 0.15 to $ 0.22 during the same period, indicating a similar trend through different trading platforms (Source: Kucoin, February 5, 2025). The scales on the series of $ Sai showed a significant increase in the active headlines, jumping from 1000 to 3000 during a period of two hours, indicating a rapid flow of new investors (Source: ethescan, February 5, 2025). This event emphasizes the possibility of obtaining the symbols associated with on behalf of market movements and attracting the investor’s attention.
The technical indicators of $ Sai during this period showed strong bullish signals. The RSI has moved to $ Sai from 60 at 10:00 am UTC to 75 am by 12:00 pm UTC, indicating the excessive conditions that are purchased but also strong momentum (Source: Tradingvief, 5 February 2025). Also via the average medium rapprochement (MACD) to a positive area, with the MACD line crossing the top of the signal line at 11:00 am UTC, confirming the bullish trend (Source: Tradingvief, February 5, 2025). The trading volume, as mentioned, increased from 5 million to 15 million dollars throughout the day, supports the upcoming emotions (Source: Coinmarketcap, February 5, 2025). The relationship between $ Sai and major encrypted currencies like Bitcoin and Ethereum was also noticeable. While $ Sai increased, Bitcoin witnessed a modest increase by 2 % during the same period, and ETHEREUM increased by 3 %, indicating stronger performance by the accumulated symbols of artificial intelligence (Source: Coingecko, February 5, 2025). This indicates that the developments of artificial intelligence and news can greatly affect the morale of the encrypted market and change the trading volume changes, especially in the symbols related to the prosecution.
The relationship between the developments of artificial intelligence and the cryptocurrency market is clear from the reaction to Gordon’s tweet. AI’s news and progress can increase interest and invest in symbols based on artificial intelligence, as it appears with the performance of $ Sai. This trend also extends to other symbols of artificial intelligence such as $ Fet and $ Agix, which has seen similar gains, highlighting the effect of the broader market for artificial intelligence news (Source: Coingecko, February 5, 2025). The increase in $ Sai trading volume and the increase in active addresses on the series shows the direct impact of artificial intelligence news on market dynamics. Investors and merchants must closely monitor the developments of artificial intelligence, as they can provide important trading opportunities in the artificial intelligence/encryption. Fast price movements and changes in size confirm in response to news of artificial intelligence on the possibility of market transformations that are driven by artificial intelligence, which makes it important for traders to remain aware of the progress of artificial intelligence and their potential impact on cryptocurrency market
