AI-focused cryptocurrencies have posted gains following Donald Trump’s announcement of a $500 billion private-sector investment initiative in AI infrastructure.
Among the beneficiaries of this surge is MIND of Pepe (MIND) – whose presale has raised over $3 million in funding within ten days.
Trump’s AI pledge prompts surge in AI-related cryptocurrencies
The market immediately reacted to Trump’s ambitious “Stargate Project” announcement.
It’s essentially a $500 billion commitment to enhance U.S. AI infrastructure.
The pledge, unveiled on Tuesday, brings together tech giants OpenAI, Oracle, and SoftBank with an initial commitment of $100 billion, scaling to $500 billion over four years.
Trump’s announcement came after he revoked one of Biden’s executive orders on AI regulations.
Crypto commentators believe this signals a shift toward reduced oversight.
President Donald Trump said that ChatGPT creator OpenAI, SoftBank and Oracle are planning a joint venture called Stargate, which will build data centers and invest up to $500 billion in US infrastructure for artificial intelligence https://t.co/uIwBhERmXu pic.twitter.com/eq6xyq8p3V
— Reuters (@Reuters) January 22, 2025
AI-themed cryptocurrencies reacted well to the news, with several tokens posting gains.
AI16Z was among the top performers, rising over 30%, while ARC, VIRTUALS, and GRT also saw gains.
Despite this, these coins have all pulled back in the past 24 hours.
The initial hype around Trump’s plan has seemingly died down, with traders opting to sell rather than hold for the longer term.
At the time of writing, the AI crypto sector’s total value has dipped to $43.1 billion.
Market sentiment remains resilient as AI agents gain traction
The crypto market has been a mixed bag since Trump took office.
While Bitcoin’s initial surge to a new all-time high made headlines, the coin has since dipped to around $102,300.
Yet this hasn’t dampened overall investor sentiment, with most traders still optimistic about Trump’s impact on the industry.
His appointment of crypto-advocate David Sacks as “Crypto and AI Czar” has set a positive tone for the sector.
Trump also nominated pro-crypto Paul Atkins as the new SEC Chair.
One area of the market drawing particular focus is the growing role of AI agents.
These autonomous programs are already disrupting how traders and developers interact with blockchain technology.
For instance, an AI agent could theoretically monitor multiple DeFi protocols and automatically spot arbitrage opportunities.
These tasks typically require human attention.
The AI agent niche is valued at around $13.5 billion and saw $2.4 billion in spot trading volume over the past 24 hours.
FET, VIRTUAL, and AI16Z dominate the niche, accounting for almost half its market capitalization.
MIND of Pepe presale reaches $3m in 10 days as MIND token demand grows
MIND of Pepe is capitalizing on the growing excitement around AI-themed cryptocurrencies.
It has raised over $3 million from early investors since its presale launched on January 13.
Presale investors can buy MIND tokens at the fixed price of $0.0031762.
MIND of Pepe’s core feature is an autonomous AI agent that aims to make crypto trading simpler.
Three Million. $MIND pic.twitter.com/Z8JQGi50gq
— MIND of Pepe (@MINDofPepe) January 22, 2025
This agent independently performs tasks such as managing wallets and identifying emerging trends through real-time analysis.
It can even create and launch its own tokens.
MIND holders get access to these AI-powered capabilities, along with staking rewards estimated at 675% per year.
To ensure security, the developers have also had MIND audited by Coinsult and SolidProof, who confirmed the token’s integrity.
The project’s Twitter community is excited by Trump’s AI infrastructure promise.
Though still in development, MIND of Pepe's launch aligns with the growing interest in AI-powered crypto solutions.
Plus, MIND has already been ranked by CoinSniper, suggesting that industry experts are taking notice of its potential.
Time will tell whether this early interest can translate to post-listing success.
However, with the presale continuing to hit milestones, MIND of Pepe is a project many are watching as the crypto narrative gains momentum in early 2025.