Elon Musk Sparks AGI Frenzy as Decentralized AI Tokens Climb 7%

Elon Musk’s claim that Tesla could be the first company to achieve Artificial General Intelligence (AGI) sent Decentralized AI (DeAI) tokens surging up to 7. 4% within 24 hours. The post reignited speculative demand across blockchain-based AI infrastructure tokens, lifting trading volumes across the category. Why it matters: AGI narrative cycles historically drive short-term capital rotation into DeAI and tokenized compute projects Elevated volume across the AI-token basket signals active sector repositioning, not isolated price moves Musk’s reach on X (Twitter) amplifies retail momentum faster than most market catalysts The details: Bittensor (TAO) and Virtuals Protocol each climbed 7 source: https://beincrypto.com/musk-agi-post-decentralized-ai-tokens-surge/