Biteye AI Daily Report August 20

Today’s zone market capitalization: $12.44B -2.99%

The overall market continues to retract, and the AI zone cannot remain unaffected; however, the overall ecological enthusiasm still shows a healthy and positive situation.

24h Coingecko Trading Volume Top 10:

Token Trading Volume Market Capitalization Price Volatility

1- $VIRTUAL $149.5M $769.4M $1.17 -4.5% {spot}(VIRTUALUSDT)

2- $TAO $101.7M $3.3B $343.00 -4.3% {spot}(TAOUSDT)

3- $WAI $56.3M $7.8M $0.06 +19.8% {alpha}(560x1e3dbc0aad9671fdd31e58b2fcc6cf1ca9947994)

4- $AI16Z $51.0M $126.2M $0.11 -6.8% 5- $IP $39.1M $1.7B $5.49 -3.2% 6- $AIXBT $35.8M $104.7M $0.11 -7.1% 7- $KAITO $30.6M $248.4M $1.03 -4.3% 8- $SAHARA $29.4M $175.9M $0.09 -4.9% 9- $BANANAS31 $21.6M $66.9M $0.01 -6.4% 10- $SHELL $21.3M $34.5M $0.13 -4.7% $21.3 million $34.5 million $0.13 -4.7%

Key Information

1. MyShell @myshell_ai launched ShellStorm全民黑客松

• For a duration of 3 weeks, any user can turn their ideas into AI applications simply by describing their concepts in natural language, with a prize pool of up to 100,000 $SHELL.
• Creators sign up through Google Forms, and users holding 1k+ $SHELL have priority eligibility.
• Non-creators holding 100+ $SHELL can participate in daily voting and receive rewards in the second week.

Comment: AI has truly lowered the barriers to creation, and hackathons are no longer exclusive benefits for technical personnel — the focus is on everyone being able to participate, creating a lively atmosphere.

2. AriaAI $ARIA will launch its TGE on Binance Alpha tomorrow.

• AriaAI
• AriaAI@PlayAriaGame has secured 5 million USD in funding and is an AI-powered gaming platform. Currently collaborating with @myshell_ai, it aims to deliver smarter AI NPCs and more personalized game content.
• Eligible Binance users can claim airdrop rewards with Alpha Points on the Binance Alpha event page.

Comment: Aria and the BNB ecosystem are establishing connections, and lightweight mini-games may accelerate the implementation of AI, which is worth paying attention to.

3. DeepSeek, NVIDIA, and Qwen have successively released new models and features.

• DeepSeek has released a new model V3.1-Base on @huggingface, enhancing code and mathematical reasoning capabilities with lower inference costs.
• NVIDIA @NVIDIAAIDev launched the 9B hybrid SSM (Mamba) model Nemotron Nano v2, with an inference speed improvement of 6 times.
• Qwen @Alibaba_Qwen released Qwen-Image-Edit, supporting high-quality photo editing and bilingual text editing in Chinese and English.

Comment: The speed of model updates and iterations has accelerated, but the direction is becoming more similar, giving a bit of a competitive feel.

Data source: @xhunt_ai, Cookie DAO, Coingecko

Risk warning: The above is for information sharing only and is not investment advice.