All Time High
Quake AI (Q) Hits All-Time High
Quake AI (Q) surged from around $0.05 to a fresh all-time high of nearly $0.24 in a matter of hours, pushing its market cap to almost $1 billion and into the top 100 coins. The token, native to an AI governance layer for AI agents and dApps, saw a significant drop back to around $0.06 in a few hours. The exact cause of the spike is unclear, but traders 0xF1fE made over $1 million by opening long positions. Open interest on the platform peaked at $42 million, with 48 wallets holding 55% of the supply sitting idle. The surge and subsequent drop are attributed to speculative trading and potential insider activity.