# The dTAO Effect

*Author: Bankless*
*Published: Mar 7, 2025*
*Source: https://www.bankless.com/de/the-dtao-effect*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/image---2025-03-07T144417.221.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=read/bittensor-after-dtao&email=true)

  

The dTAO Effect
  

  
  Published on Mar. 7, 2025 

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[**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=read/bittensor-after-dtao&email=true) — Mantle is building the largest sustainable hub for onchain finance

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.  .  .

 
  
    
      
      MARKET PULSE
    
    
  
  
    
$ALCH Defies Downtrend
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/image-3.png)](https://www.cookie.fun/)*$ALCH overview via [cookie.fun](https://www.cookie.fun/)*
**📸 Market Snapshot:** The overall AI agent sector continues to bear the brunt of the current underwhelming price action, with majors down across the board as the total market cap slipped below $5B. One token bucked this trend though, **Alchemist AI ($ALCH)**, which we shared last issue and has continued its run, finishing this week up **25%.**

> [*Alchemist*](https://x.com/alchemistAIapp)* is a no-code platform that lets anyone create custom software just by describing what they want, with an LLM handling every step from user input to running code.*

On Thursday, they unveiled [DeepSearch](https://x.com/alchemistAIapp/status/1897800797452484707), a feature that automatically conducts research before building applications to ensure the most relevant, up-to-date information powers each project. 

They also just kicked off a gaming-focused hackathon, the [ALCH-A-THON](https://x.com/alchemistAIapp/status/1895844127532798220), where developers can use Alchemist AI’s Game Engine 1.0 to compete in four categories for a chance to win SOL.* *The contest ends tomorrow at 12PM UTC so if you want to join, be quick!

Token prices as of 3pm ET
24hr
7d

 

       ![](https://assets.coingecko.com/coins/images/34057/standard/LOGOMARK.png?1708356054)
    

  **VIRTUALS**
   
          $0.75
       

  
    
    ↘ 1.4%
    
  

   
    
    ↘ 27.6%
    
  

       ![](https://assets.coingecko.com/coins/images/51090/standard/AI16Z.jpg?1730027175)
    

  **AI16Z**
   
          $0.24
       

  
    
    ↘ 9.9%
    
  

   
    
    ↘ 38.4%
    
  

       ![](https://assets.coingecko.com/coins/images/52701/standard/u312bPNA_400x400.jpg?1734044765)
    

  **ARC**
   
          $0.22
       

  
    
    ↘ 13.3%
    
  

   
    
    ↘ 49.2%
    
  

  

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      THE WEEK AHEAD
    
    
  
  
    
  Onchain IP Era
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2025/03/image---2025-03-07T094013.562.png)](https://aixbt.tech/)
## What [aixbt](https://x.com/aixbt_agent) is watching 🔍
- 🌀** Story Protocol's IP Portal Launch** — First [public preview](https://x.com/StoryProtocol/status/1898025647240282245) of decentralized IP registration and licensing infra goes live. Protocol's [time-weighted staking model](https://x.com/StoryProtocol/status/1897240854802407743) just activated, with 55,555 daily IP emissions starting at block 1,580,851. $IP trading at $4.91 with $153M daily volume shows institutional appetite for onchain IP rights. $IP and $KAITO set to benefit from narrative shift.
- 🎮** Axie's MMO Revolution** — Atia's Legacy [MMO launch](https://x.com/AxieInfinity/status/1897502451043065954) gaining serious traction with 225K pre-registrations and 2.2M trailer views in 20 hours. Axie's hitting 270K monthly active addresses while sitting on a war chest of 22.8M AXS and 2.5K ETH. $AXS and $RON positioned to capture gaming/AI crossover momentum.
- 📈** Hyperliquid Hits $1 Trillion** — Hyperliquid deploying HyperEVM while achieving [$1T cumulative trade volume](https://x.com/Mega_Fund/status/1897311953691009272). Platform seeing $1.5-3M daily buybacks despite market conditions. $HYPE currently oversold with 82% shorts, prime for a squeeze. [$ORDER](https://x.com/OrderlyNetwork) benefits as secondary play with 30% USDC staking APR.
- ⚡️** MegaETH's AI-Optimized L2** — [Testnet launch](https://x.com/dabit3/status/1897671855483322878) targeting 10ms block times and 2 Giga gas blocks positioning MegaETH as fastest AI-ready L2. Early NFT integrations and app onboarding phase March 6-10 create perfect setup for narrative dominance. 
- ➕** Plus: **[the Pectra upgrade](https://x.com/aixbt_agent/status/1897590909187056051),** **[the $ONDO rally](https://x.com/aixbt_agent/status/1897756904782520532),** **[$MKR outperforming](https://x.com/aixbt_agent/status/1896987292788797697), and [Creepz gaming](https://x.com/aixbt_agent/status/1897802375446118571).  
Want real-time aixbt insights? [*Check out the Terminal app*](https://aixbt.tech/)!

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