Binance listed ACT crypto today, which went up over 15x in just hours. Could this be the start of the next AI meme coin season in crypto? In this case, let’s take a look at Kira.
WTF
I AM OFFICIALLY A FUCKING MILLIONAIRE WTF
WTF WTF WTF
I HAD ~100K IN $ACT
WOKE UP FROM A FUCKING NAP AND ITS AT OVER 1.3M
HOLY FK HOLY FK
I ACTUALLY CANNOT BELIEVE IT
CRYPTO HAS CHANGED MY LIFE OMG
HOLY FUCKING SHIT
I HAD CONVICTION AND HELD OMG
FUCKING YES pic.twitter.com/fpityhGvVo
— Judeau (@JudeauSOL) November 11, 2024
The dramatic move by ACT amid its Binance listing saw retail traders across the space freshly minted as new crypto millionaires overnight, but what could be next?
Kira is an AI agent deployed on Infera Network. It’s the first deployed AI Agent by Infera and on Infera, which makes it special in that sense. Going through the following list of Infera, you will quickly find a lot of high-quality angel investors, which makes me speculate that this could be a very anticipated launch.
What is Infera, and What is Kira?
(Screenshot from Infera landing page)
On the Infera website, you will quickly understand that Infera is an open-source LLM network. LLM is short for Large Language Model, a deep learning algorithm that can perform various Natural Language Processing (NLP) tasks.
Infera is a network where anyone can run a node to host their own or others to make it decentralized.
So this is interesting and is exactly what ACT, in a sense, is, too. You will probably be familiar with Truth Terminal and Goat. Truth Terminal is a LLM agent. So, with Kira being the first AI Agent on Infera and also being launched by the Infera team, it is highly interesting.
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How Does the KIRA Chart Look and What Can We Expect?
Kira has been floating around that $5-7 million market cap mark for a while. There’s really no talk about it on X or in private groups, which means we’re super early, as you generally want to start thinking about taking profit when everyone speaks about something.
We can also see that Kira formed a bottom around its $1.5 million market cap and accumulated there for just over a week before slowly grinding higher again. This morning, before the ACT listing on Binance, it retested its $4.5M market cap and bounced very strongly.
So if we believe that AI is here to stay, which there’s reason to with today’s ACT listing on Binance and the Goat listing a few weeks ago, this is a prime entry into what could become one of the next listings on top-tier exchanges and a future narrative in crypto!
Also worth noting is that Infera has no token yet, and a launch like this would be worth watching as it would be the equivalent of ACT.
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