ai16z crypto rallies 27% to ATH – What’s behind the gains?

Muthoni Mary

ai16z crypto has rallied by more than 27% in 24 hours and formed a fresh ATH at $1.77.
These gains came amid plans to launch a layer-one network. 

ai16z [AI16Z], at press time, traded at $1

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ai16z crypto rallies 27% to ATH – What’s behind the gains?