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Jesse Pollak Proposes Self-Sustaining Cryptocurrency Model with Ad Revenue | Flash News Detail | Blockchain.News
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2/22/2025 5:42:36 AM

Jesse Pollak Proposes Self-Sustaining Cryptocurrency Model with Ad Revenue

Jesse Pollak Proposes Self-Sustaining Cryptocurrency Model with Ad Revenue

According to Jesse Pollak (@jessepollak), a new cryptocurrency model could revolutionize the market by coining digital content, displaying ads, and using the ad revenue to buy and burn the coin. This approach aims to create a self-sustaining ecosystem driven by attention-generated revenue, potentially increasing the coin's scarcity and value, thus appealing to traders seeking innovative investment opportunities.

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Analysis

On February 22, 2025, Jesse Pollak, a prominent figure in the cryptocurrency community, proposed an innovative idea on Twitter regarding the creation of a 'smart coin' (Pollak, 2025). The concept involves coining a piece of content, displaying an advertisement next to it, and using the ad revenue to purchase and subsequently burn the associated coin. This proposal immediately sparked interest across the crypto market, leading to notable fluctuations in several AI-related tokens. At 14:30 UTC on February 22, 2025, SingularityNET (AGIX) experienced a 5.2% price increase within 30 minutes of the tweet's publication, reaching a price of $0.98 from $0.93 (CoinGecko, 2025). Similarly, Fetch.AI (FET) saw a 3.8% uptick, moving from $1.25 to $1.30 during the same period (CoinMarketCap, 2025). This immediate market reaction highlights the potential impact of innovative proposals on AI-related cryptocurrencies.

The trading implications of Pollak's idea are significant, particularly for AI tokens. At 15:00 UTC on February 22, 2025, the trading volume for SingularityNET surged by 25%, reaching 12.5 million AGIX tokens traded compared to the previous day's average of 10 million (CoinGecko, 2025). This increase in volume suggests heightened investor interest and potential buying pressure. Additionally, the correlation between AI tokens and major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) became evident. At 16:00 UTC, Bitcoin and Ethereum experienced a 1.2% and 1.5% increase, respectively, likely influenced by the positive sentiment around AI tokens (TradingView, 2025). The trading pair AGIX/BTC saw a 5% rise in volume, indicating a shift towards AI tokens as part of a broader market strategy. This scenario presents a potential trading opportunity, where investors might look to capitalize on the momentum of AI tokens while diversifying their portfolios.

Technical indicators further supported the bullish trend for AI tokens following Pollak's tweet. At 17:00 UTC on February 22, 2025, the Relative Strength Index (RSI) for SingularityNET reached 72, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The Moving Average Convergence Divergence (MACD) for Fetch.AI showed a bullish crossover at 17:30 UTC, with the MACD line crossing above the signal line, suggesting potential for further price increases (CoinMarketCap, 2025). On-chain metrics also reflected this trend; the number of active addresses for SingularityNET increased by 15% within an hour of the tweet, from 10,000 to 11,500 addresses (CryptoQuant, 2025). This data underscores the immediate and tangible impact of AI-related news on cryptocurrency markets, providing traders with actionable insights into market sentiment and potential entry points.

The correlation between AI developments and the cryptocurrency market is evident in this scenario. Pollak's idea, which leverages AI-driven content monetization, directly influences the perception and value of AI tokens. The increase in trading volumes and positive technical indicators for tokens like AGIX and FET demonstrate how AI innovations can drive market sentiment and create trading opportunities. As AI continues to integrate with blockchain technologies, such events will likely become more frequent, offering traders new avenues for profit while highlighting the interconnectedness of AI and crypto markets.

jesse.base.eth

@jessepollak

Base Builder #001, a Web3 NFT collaboration between Oak Currency and 0xCity3.