The key narratives in the crypto market this week are Artificial Intelligence (AI), perpetual contracts, and trading bots. AI-focused tokens like TAO and FET have seen significant price gains, with increases of 61% and 71% respectively. VIRTUAL has reached a market cap of $3.3 billion, making it the second-largest AI token. Perpetual contracts, driven by Hyperliquid, have experienced a surge in trading volume, reaching $98 billion on DEXs. The Hyperliquid token, HYPE, has become a top 20 cryptocurrency. Trading bots integrated with platforms like Telegram, such as Trojan, Banana, and Bonkbot, have achieved high weekly trading volumes, with potential gains for tokens like BANANA and BONK if the trend continues.



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