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Crypto Market Bounces Back to $3.6 Trillion: Freysa AI, DeepBook Lead the Charge

Freysa AI and DeepBook See Significant Price Increases as Bitcoin Hovers Below $98,000 and Global Crypto Market Shows Positive Momentum

Mark Valerius by Mark Valerius
January 4, 2025
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Key Points

  • Freysa AI (FAI) and DeepBook (DEEP) have seen considerable price surges, outperforming Bitcoin (BTC) and Ethereum (ETH).
  • The global crypto market cap has regained the $3.5 trillion mark, indicating positive momentum.
  • The worldwide crypto market cap is exhibiting positive signs, having regained the $3.5 trillion level. While Bitcoin (BTC) and Ethereum (ETH) have made modest single-digit increases, some coins have outperformed the broader market.

    Top Gainers

    CoinGecko’s list of top gainers shows that Freysa AI (FAI) experienced a 23.6% surge as of the last check on Saturday. The price of FAI has also risen by more than 140% in the past week and 1800% in the past 30 days. The surge in FAI’s price could be due to the overall bullish AI sector.

    DeepBook (DEEP), another coin on the top gainers list, saw an 18% increase to a high of $0.1687. DeepBook is a decentralized liquidity layer built on Sui (SUI). The bullish run of SUI may have contributed to DEEP’s price surge. DeepBook has also surpassed $1 billion in total trading volume.

    Sushi (SUSHI), the native token of SushiSwap, is the third coin on the list of top gainers. SUSHI has risen nearly 20% in the past 24 hours, with its price increasing from a low of $1.43 to a high of $1.80. However, there have been no significant developments to explain this recent price surge. Sushi recently launched a referral program where users can earn 40% of the trading fees. The exchange also unveiled its roadmap, which includes plans to expand to Solana (SOL) with their Wara exchange.

    Tags: Ethereum (ETH)

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