AI Tokens in Freefall? Ai16z’s “Anti-Pump” Launchpad to the Rescue!

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Ai16z, the darling of the crypto world (or at least it was, before its token decided to take a nosedive), is preparing to unveil its latest brainchild: an open-source launchpad called Auto.fun. This comes as the AI16Z token languishes at a mere 5% of its former glory, trading 95% below its all-time high. A triumph of optimism over reality, one might say. 🎢

In a move that can only be described as “inspired” (or perhaps “desperate”), Ai16z announced in its Q1 roadmap that it would be launching an AI-focused platform, borrowing heavily from Solana’s Pump.fun memecoin launchpad. The twist? Auto.fun will be open-source, allowing creators to deploy AI-based projects using the Eliza framework. Oh, and they’ll get to keep the trading fees, because apparently, the platform is feeling generous. How very noble. 🙌

Shaw, the founder of Ai16z, has promised that Auto.fun will be released this week. Whether this is a promise or a threat remains to be seen. 🤔

Auto.fun’s arrival follows the debut of Raydium’s LaunchLab earlier this year, which was designed to compete with Pump.fun. But while LaunchLab and Pump.fun cater to the whims of memecoin enthusiasts, Auto.fun is positioning itself as the “anti-pump” platform. Because nothing says “serious business” like declaring war on memes. 🚀

Open source launchpad where creators claim the fees, community can coordinate and create content or CTO tokens from other platforms.

The anti-pump. The ultra-fun.

Who’s building this?

Us. This week. @autodotfun

— Shaw (@shawmakesmagic) April 13, 2025

Meanwhile, the AI16Z token continues its descent into obscurity. After peaking at $2.48 on January 2, it has since plummeted to a pitiful $0.1371. That’s a 95% drop, for those keeping score at home. The token has been consistently trading below the 20-day Exponential Moving Average since mid-January, which is either a sign of impending doom or a buying opportunity, depending on your level of optimism. 📉

The Relative Strength Index, currently at 42.50, has shown a slight recovery from oversold territory but remains firmly in the “meh” zone. It’s been subdued for most of Q1, with no signs of an upward breakout. In other words, the market is about as exciting as a lukewarm cup of tea. ☕

Recent price action suggests that AI16Z is consolidating in the range between $0.13 and $0.15, just above the key support level at $0.10. While this could indicate potential accumulation, the lack of upward momentum suggests that the market is in a state of suspended animation, waiting for something—anything—to happen. 🕰️

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2025-04-14 16:48