The AI sector has exploded recently, with many new AI projects appearing that have doubled in value in a few days. Among them, OpSec, a project on the Bittensor ecosystem, opened node deployment last week and announced that it will announce its staking model in March. The token has increased more than 15 times in the past month. But just this morning, OPSEC experienced a FUD incident.
Early this morning, on-chain detectives ZachXBT posted that in a tweet posted by OpSec in January to show off its infrastructure, the video used was an August 2022 video on Youtube.
It took a long time after the tweet was sent out It has quickly aroused discussion in the community. OpSec has been rising for two weeks. Some members believe that this news is the beginning of bursting the OpSec bubble. "I am sure this is just another tax fraud coin that uses artificial intelligence to hype it. It is in After it has grown, it is trying to transform into a real project to make it look more compliant." ZachXBT’s tweet sent OPSEC down more than 50% in 15 minutes, from $1.8 to $0.8.
But less than an hour later, OPSEC quickly rose by more than 70%. In the comment area of ZachXBT, there are many staunch OPSEC holders who believe that this revelation is just a "washing up".
Someone said in the comment area of ZachXBT that he spent $40 to buy PAAL, and because of ZachXBT’s tweet, “My $40 became $10. But that $10 is now $800, haha."
ZachXBT pointed out in September last year that KOL Trader SZ, Trader NJ, XO and PetaByte participated in the pump-and-dump plan involving the AI project PAAL AI token, making PAAL AI The price of the coin surged from $0.0451 to $0.017. The evidence given by ZachXBT is very detailed, covering trader conversations, Twitter posting timelines and on-chain transaction tracking. In the month after that, PAAL AI fell by more than 70%.
However, with the rise of the AI sector, PAAL has gradually attracted more investors, and its increase has exceeded 350% in the past month. Looking back at the token trend, the impact of ZachXBT’s tweet appears to be insignificant.
Back to OpSec. A few hours later, the OpSec official team issued three long tweets explaining the video problem.
OpSec stated that the video material of the tweet in question did come from its early stage provider and was only used to provide background information. In the early stages of the project, it had partnerships with a number of smaller vendors and data centers. But now OpSec is “ready for enterprise-level transactions.”
Additionally, OpSec expressed an open invitation to ZachXBT to communicate and establish collaboration with its current data providers to clear up misunderstandings within the community. "We have nothing to hide."
In the tweet comment area, someone suggested that the team officially record a video of the current data center to show that OpSec is currently running actual business. OpSec quickly responded with a video and explained its operations in more detail. “Since we were just starting out and still small, we had to test several different providers, including smaller ones, to find the best option for the project based on three different criteria: price, security level, and scalability Sex."
With the team’s hard work explaining, OpSec has now narrowed its FUD decline and is at $1.84 at the time of writing. It is worth noting that among the new projects that have emerged in the AI sector in the past year, not only OpSec and PAAL AI, but the GPU rental project Node.AI also suffered FUD from the community last month.
A week ago, community member @ polarbear_degen posted on the Project work was not advanced at all. In addition, the Node.AI official website only provides a Google form to collect companies with GPU rental needs. This method is also considered by the community to be very rough and unprofessional.
The Node.AI team did not respond or explain this question. They only changed the front end of the web page interaction later, while its token GPU has increased by more than 400% in the past week. .
From the FUD controversy in these projects, we may be able to get a glimpse of some of the current hype trends in the AI sector. BlockBeats was once mentioned in "20 times increase in one weekend, the AI Summer of the crypto market "Coming Soon" pointed out that various projects in the AI track are still in the early stages of exploration, and the various subdivision directions are very different, and they are still being explored. Therefore, the hype logic of the dozens of AI projects that have emerged recently is more similar to the development of MEME.
Although projects focusing on AI concepts seem more complex and difficult to implement, it is precisely because they are difficult to understand that when the craze comes, the community pays less attention to them What is its actual business? Monai, an AI project on the Monad network that appeared last week, had been questioned because its technology only used Chatgpt's API. However, less than a week after its launch, its token has increased 10 times compared to the LBP price.
When FOMO is strong, if you want to make a profit, just bet in the direction of your emotions. But after finishing the meme, sooner or later the community will start to think: What kind of projects can stay in the AI track?
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