Musk's AGI Claim Sends Decentralized AI Tokens Higher

Elon Musk’s claim that Tesla could be the first company to achieve Artificial General Intelligence sent decentralized AI tokens surging up to 7.4% within 24 hours. The post reignited speculative demand across blockchain-based AI infrastructure tokens and lifted trading volumes across the category.

Elevated volume across the AI-token basket signals active sector repositioning, not isolated price moves, and AGI narrative cycles historically drive short-term capital rotation into DeAI and tokenized compute projects. Bittensor (TAO) and Virtuals Protocol each climbed 7.4% in the 24 hours after the post, Internet Computer (ICP) rose 6.4%, and Kite added 6.6%.

Artificial Superintelligence Alliance (FET) posted a smaller gain of 4.7%. Musk’s post on X drew immediate engagement, including a reply thread from entrepreneur Simon Squibb. Not all AI-linked tokens moved higher, as performance across the broader category was mixed.

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