As September draws to a close, on-chain activity is surging, and the latest token to capture the attention of traders is AstroPepeX (APX) - which has undertaken a dramatic +30% bounce out of consolidation in the past 24-hours.
With origins in the OpenAI API - AstroPepeX offers an automated system for AI-driven token deployment, in a move aiming to remove barriers to entry for new developers on Ethereum, Arbitrum, Optimism, Base, Polygon and test-nets.
The APX learning dataset comprises the data of more than 10,000 ERC-20 tokens, with the AI trained to yield creative outcomes for token deployments - giving rise to the community rallying call ' The Dev is AI'.
Seasoned crypto expert VikingXBT highlighted the immense potential unlocked by APX's token deployment offering via the OpenAI token generator - suggesting it could become as significant as a CertiK audit for new on-chain projects.
The substantial upside move saw AstroPepeX race to the top of DEXtools, with APX currently ranked #5 on the daily 'Hot Pairs' list.
Amid the recovery, APX is currently trading at a market price of $0.00004798 (representing a 24-hour change of +22.89%).
Launched on September 19, APX gained immediate traction as on-chain markets flooded to take position in the latest AI-based project - driving an initial +19,965% pump in the first two-days of trading.
This jaw-dropping opening skyrocket stands in testament to the intense market appetite for AI-based crypto projects - which earlier this year saw huge moon-shot plays fuelled by the breakout AI narrative.
Despite entering localized retracement in the days since this spectacular stealth launch, a well-defended consolidation zone around $0.00004 has emerged - and it appears to be supplying accumulation toRead more on cryptonews.com