Destra's recently launched cryptocurrency, DSYNC, jumped to 32% after Destra announced a 0% tax. DSYNC is the native token of the Destra Network, an AI-powered decentralized computing platform.

According to data from Queen GekkoDSYNC's price has risen more than 30% in the past day of trading. At the time of writing, it is trading at $0.406. At the beginning of December, DSYNC hit a new all-time high, rising to more than half a dollar. The current price of the token is only 22% lower than its last price Ath.

Last week, DSYNC was on an upward trend. The token rose more than 21%. However, it fell by 7.6% in the last trading month.

One day before DSYNC's price hike, Destra Network announced via X mail That DSYNC is now tax deductible. Shortly after the announcement, the coin rose 13% before seeing larger gains the next day.

It is possible that the recent rally was driven by the broader AI token rally. According to data from Queen Gekkothe total market value of artificial intelligence Meme coins It crossed the $10 billion threshold, increasing by nearly 30% in the past 24 hours. At the time of writing, the company's combined market capitalization is approaching $11 billion.

The Destra network is known for its optimization Amnesty International Technology within blockchain and cloud solutions using GPU. The project has been a champion for the use of decentralized AI agents.

According to its X account, Destra is developing a platform called The right sane personwhich would provide traders with tailored AI agents that “think like humans, communicate naturally, and bring a new level of interactivity to your digital world.”

Ditto I mentioned By crypto.news Major networks like ZKsync and Ripple Labs have made great strides in combining AI and blockchain technology, whether it be by partnering with AI platforms or launching their own.

According to Syncracy Capital, AI technology is still here Fairly new to the cryptocurrency space, with only 1% of the total cryptocurrency market capitalization attributed to AI-integrated projects. However, this may soon change as AI codes continue to dominate.