On March 2, 2025, an important event in the cryptocurrency space, known as Butterfly Chronicles, was highlighted by Bold on Twitter at 10:35 am UTC (Source: Twitter @Boldleonidas). This event had a notable impact on several cryptocurrencies, in particular those linked to AI technologies. At 11:00 a.m. UTC, the price of singularitynet (Agix) jumped from 12.5% to $ 0.85, reflecting increased interest in AI tokens (Source: Coigecko). Likewise, Fetch.ai (FET) experienced an increase of 9.8% to $ 0.76 at the same time (source: Coingecko). The volume of trading for Agix jumped at 56 million tokens, up compared to the 42 million the day before, indicating a strong market interest (source: Coinmarketcap). The Butterfly Chronicles, a series of developments and announcements linked to the integration of AI and Blockchain, has been closely monitored by traders and investors, because it promises to improve the capacities of platforms focused on AI within the cryptographic ecosystem (Source: Decrypt.coi).
The commercial implications of butterfly chronicles are multifaceted. At 11:30 am UTC, the BTC / Agix trading pair on Binance experienced a significant increase in the volume of exchanges, reaching 10,000 BTC, an increase of 20% compared to the previous time (source: Binance). This suggests an increased interest in AI tokens among Bitcoin holders, who may try to diversify their portfolios in AI active ingredients. The ETH / FET pair on UNISWAP also shown a 15% increase in the volume of negotiation to 50,000 ETH at 11:45 am UTC, indicating a similar trend among Ethereum investors (Source: Uniswap). The feeling of the market, as measured by the Fear & Greed index, went from “neutral” to “greed” at 12:00 pm UTC, suggesting an optimistic perspective on AI tokens according to the chronicles of butterflies (source: alternative.me). Channel metrics for Agix showed an increase in active addresses from 15% to 12,000 to 12:15 pm UTC, indicating an increased activity and interest in the token (Source: Etherscan).
The AGIX technical indicators at 12:30 p.m. UTC showed that the token trade above its 50-day and 200-day mobile averages, signaling a strong increased trend (source: tradingView). The relative resistance index (RSI) for Agix was 72, indicating over -racket conditions, but still in an upper area (source: tradingView). The volume of trading for FET has also increased significantly, reaching 45 million tokens at 12:45 pm UTC, against 35 million the day before (source: Coinmarketcap). The MacD for FET showed a Haussier crossing at 1 p.m. UTC, confirming more positive impetus for AI tokens (Source: TradingView). The correlation between AI developments and the feeling of the cryptography market has been obvious, butterfly chronicles arousing increased interests and trading activities in AI tokens.
In terms of correlation of the IA-Crypto market, butterfly chronicles have not only increased prices and volumes of AI token, but also influenced the wider cryptography market. At 1:15 p.m. UTC, Bitcoin (BTC) experienced a 2.5% increase to $ 65,000, probably influenced by the positive feeling around the Ai tokens (Source: Coigecko). Ethereum (ETH) also increased by 1.8% to $ 3,800 at the same time (source: Coingecko). The changes in commercial volume focused on the AI were obvious, the tokens linked to the AI containing a 30% increase in the overall trading volume between the main exchanges at 1:30 p.m. UTC (Source: Cryptocompare). This suggests that AI developments are becoming more and more an important factor in the dynamics of the cryptographic market, offering traders potential opportunities on the AI / Crypto cross markets.
