Crypto Market Update: Freysa AI and DeepBook See Significant Price Surge

The global crypto market cap has shown signs of positive momentum as it reclaimed the $3.5 trillion mark. While major cryptocurrencies such as Bitcoin and Ethereum have shown modest single-digit gains, few coins have outperformed the overall market.

Freysa AI Sees 50% Price Surge

According to recent market data, Freysa AI (FAI) enjoyed a significant 50% price surge, with a 23.6% spike in recent hours. The price of FAI is also up by over 140% in the last seven days and 1800% in the last 30 days. The primary reason for its surge could be the overall bullish AI sector.

DeepBook Surges 30% Amid Bullish SUI Run

Also on the top gainers list is DeepBook (DEEP), which surged 30% to a high of $0.1687. DeepBook is a decentralized liquidity layer built on Sui. The bullish run of SUI could have helped in the price pump of DEEP. Additionally, DeepBook surpassed $1 billion in cumulative trading volume.

DeepBook has officially surpassed $1B in cumulative trading volume! That’s $1,000,000,000 worth of trades flying through the backbone of Sui’s DeFi.

Sushi Joins Top Gainers List

The third coin on the list of top gainers is Sushi (SUSHI), the native token of SushiSwap. SUSHI has jumped close to 20% in the last 24 hours. The price is up from a low of $1.43 to as high as $1.80.

Some key factors that may have contributed to the price surge of SUSHI include:

  • Recent launch of a referral campaign where users can earn 40% of the trading fees.
  • Announcement of its roadmap with plans to expand to Solana with their Wara exchange.

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