Elon Musk’s claim that Tesla could become the first company to achieve artificial general intelligence (AGI) has sent the decentralized AI (DeAI) token soaring up to 7.4% in less than 24 hours.
This post reignited speculative demand across blockchain-based AI infrastructure tokens, increasing trading volumes across the category.
Why it’s important:
AGI narrative cycle has historically driven short-term capital rotation into DeAI and tokenized computing projects Rising volume across the AI token basket signals aggressive repositioning of the sector rather than individual price movements Musk’s reach on X (Twitter) amplifies retail momentum faster than most market catalysts
detail:
Bittensor (TAO) and Virtuals Protocol were up 7.4% each in the post-24-hour period Internet Computer (ICP) was up 6.4% in the same time frame and Kite was up 6.6% Alliance for Artificial Superintelligence (FET) posted a small gain of 4.7% Musk’s post on X was posted by Entrepreneur Simon It quickly gained attention, including a reply thread from Squibb Not all AI linked tokens saw performance increases, broader categories were mixed
Big picture:
DeAI tokens covering decentralized computing, agent economies, and tokenized intelligence networks trade closely with AGI-related news cycles in 2024-2025 Tesla’s robotics and autonomous AI division lends more structural credibility to Musk’s AGI claims than social media speculation alone CoinGecko’s broad AI token category tracks dozens of projects, with selective rotation a key indicator of confidence within the sector
