WARD fluctuated by 64.4% in 24 hours: Drastic volatility driven by the AI narrative

Volatility Overview

In the past 24 hours, WARD's price surged rapidly from a low of $0.01652 to a high of $0.02715, currently pulling back to $0.01911, showing an amplitude of 64.4%. Trading volume expanded significantly, with Bitget monitoring data showing a 24-hour turnover of approximately $27.73 million and a net capital inflow trend. The liquidity pool activity on BSC chain DEX has also seen a notable increase.

Brief Analysis of the Cause of the Price Movement

The core driver of this price movement is the ongoing hype in the AI crypto narrative:

- Warden App has officially integrated BasedAI (jointly founded by the founder of Warden and the co-founder of Venice AI), further strengthening the multi-chain AI infrastructure layout;

- The Halo P2P computing marketplace project is advancing simultaneously, introducing a protocol fee-driven token burn mechanism that creates a demand and deflation feedback loop.

Although these events started around May 14th, the resulting AI agent economy and verification narrative have continued to attract capital and attention over the past 24 hours, leading to high price volatility. On-chain data shows large transactions remain active, with no other major official announcements or unusual whale actions observed.

Market Perspectives and Outlook

The mainstream sentiment among the community and analysts is optimistic, believing that AI verification and decentralized computation narratives provide medium to long-term support for WARD. However, most also caution about the risk of short-term high volatility and suggest watching for profit-taking pressure. Some forecasts indicate that if the AI hype continues, prices may maintain a choppy upward trend; otherwise, some of the gains may be retraced. Overall, it remains speculation-driven, and it is advised to monitor subsequent developments of BasedAI as well as changes in on-chain data.