Bybit Lists AI16Z with 50,000 AI16Z Prize Leading To a Surge

Leading crypto exchange, Bybit, has announced the listing of AI16Z (AI16Z/USDT). AI16Z will become available for spot trading on January 6, 2025, at 8:00 AM UTC. 

Bybit Lists A16Z

NEW: @Bybit_Official TO LIST SOLANA AI MEMECOIN $AI16Z (@ai16zdao) FOR SPOT TRADING pic.twitter.com/YY6YicNmnO

— DEGEN NEWS (@DegenerateNews) January 6, 2025

According to the listing notice, the deposits for AI16Z will open today at 6:00 AM UTC, with withdrawals set to begin on January 7, 2025, at 10:00 AM UTC. All transactions will be facilitated via the Solana network, ensuring seamless deposits and withdrawals for users.

AI16Z will also be compatible with Bybit’s Spot Grid Bots at the time of listing, which will allow traders to optimize their strategies. To celebrate this major event, Bybit is initiating a reward campaign with a total prize pool of 50,000 ai16z tokens. As part of the celebration, Bybit has announced two exclusive perks for users to win a share of the prize pool.

The first is a ‘New User Exclusive’ promotion that runs from January 6, 2025, at 6:00 AM UTC to January 20, 2025, at 8:59 AM UTC. New users who sign up, complete Identity Verification Level 1, and either deposit a minimum of 100 AI16Z or trade at least 100 USDT worth of AI16Z will qualify for rewards. The first 3,500 eligible participants will each receive 10 AI16Z tokens.

The second perk by Bybit, ‘Trade to Earn’, offers traders a chance to claim a portion of a 15,000 AI16Z prize pool by trading at least 500 USDT worth of AI16Z on the Spot market. This promotion will also run from January 6, 2025, at 8:00 AM UTC to January 20, 2025, at 8:59 AM UTC. The more users trade, the larger their share of the prize pool, with rewards capped at 1,000 AI16Z per participant.

To help users prepare for trading, Bybit has provided several options to top up USDT balances, including buying USDT through One-Click Buy, making fiat deposits, engaging in peer-to-peer (P2P) transactions, or directly depositing USDT into a Bybit wallet.

Bybit Listing Leads a Surge for AI16Z

AI16Z has experienced a surge in its market value following the listing announcement. It is currently trading at around $2.00, reflecting a rise of 2.08%. The 24-hour trading volume of AI16Z has seen an impressive increase of 20%, reaching $228.44 million. Meanwhile, the market capitalization of AI16Z now stands at a staggering $2.2 billion.

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