An AI-focused cryptocurrency, Cookie DAO (COOKIE), bucked the recent crypto market downturn after Coinbase added it to its listing roadmap.
Cookie DAO’s Resilience
COOKIE, currently trading around $0.215, showed little change over the past day and week. This is in stark contrast to the broader crypto market, which saw a 5% drop in the last 24 hours and a nearly 16% decline over the past week. This resilience is likely linked to Coinbase’s move, following Binance’s earlier support for the token in January.
What is Cookie DAO?
Cookie DAO describes itself as an index and data layer for AI agents. Its platform, cookie.fun, claims to be the “largest and crypto’s first AI agents index,” boasting over 25,000 daily unique users and over 250,000 monthly unique users. The platform uses 7 terabytes of live data to help traders make informed decisions about AI agent investments. It works with various AI agents and frameworks, providing data APIs and automatic listing for new agents.
The Bottom Line
Cookie DAO’s performance highlights the potential for individual crypto projects to outperform the overall market, particularly when backed by major exchanges. However, remember that cryptocurrency investments are inherently risky. Always do your own research before investing.
