AI Coins HOLLY, PROMPT, DSYNC Gain Smart Money Interest

In the last week of April, smart money wallets have shown a keen interest in three AI coins: HOLLY, PROMPT, and DSYNC. These projects have exhibited notable on-chain activity, indicating a growing adoption and expanding holder bases. HOLLY, short for h011yw00d, is an AI-powered cinematic agent that transforms internet conversations into short visual films without dialogue or captions. Launched on the Base chain, HOLLY has reached a market cap of $1.2 million and gathered over 48,000 holders since its launch four days ago. The number of smart money wallets holding HOLLY increased from 5 to 10 since April 18, with these wallets now holding around 13.4 million tokens. One of HOLLY’s top holders is linked to LongHash Ventures, according to Nansen, an on-chain analytics platform. However, GoPlus Security, a crypto security firm, has flagged two key risks: the team can modify HOLLY’s tax, and they didn’t renounce ownership, which are important factors for traders to monitor.

PROMPT, the native token of Wayfinder, is an omni-chain tool designed to enable AI systems to operate across blockchain environments. Wayfinder aims to create new methods for machine intelligence to interact with decentralized networks, facilitating more advanced on-chain AI integrations. PROMPT serves as the core asset within this ecosystem, supporting the platform’s operations and functionality. Between April 9 and April 14, smart money wallets holding PROMPT jumped from zero to 20, and that number has stayed the same for the past eight days. PROMPT runs on the Ethereum blockchain and has around 5,600 holders, a market cap of $53 million. GoPlus Security has flagged two risks: the team didn’t renounce ownership, and the contract allows new tokens to be minted, which could increase supply and push the price down.

Destra Network, also known as DSYNC, positions itself as a decentralized solution for DePIN (Decentralized Physical Infrastructure Networks) and AI computing. It aims to streamline access to these technologies through a unified platform. Currently, DSYNC has a market cap of $140 million and is held by over 48,000 wallets. Since April 1, the number of smart money wallets holding DSYNC has grown from 41 to 44, and the token has seen a price increase of more than 13% in the past 24 hours. GoPlus Security has highlighted two points of caution: the contract’s tax settings can be modified, and the token’s ownership has not been renounced, which could pose risks depending on future changes to the contract.

The increasing interest from smart money wallets in these AI coins suggests a growing confidence in the potential of AI-driven blockchain projects. However, investors should be aware of the risks associated with these tokens, including the potential for contract modifications and the lack of renounced ownership. As the adoption of AI technologies continues to grow, these projects may offer significant opportunities for investors, but it is crucial to conduct thorough research and consider the potential risks before making any investment decisions.