Destra crypto soars above 30% as DSYNC trading becomes tax free

The recently launched Destra crypto, DSYNC, jumps up to 32% following the announcement of 0% Destra tax. DSYNC is the native token of the Destra network, a decentralized AI computing platform.

According to data from CoinGeckoDSYNC is up over 30% in the last trading day. At the time of writing, it is trading at $0.406. In early December, DSYNC reached a new all-time high, rising to over half a dollar. The current price of the token is only 22% lower than its recent price. ATH.

Over the past week, DSYNC has been trending upward. The token rose by over 21%. However, it fell by 7.6% in the last month of trading.

A day before DSYNC’s price spike, the Destra network announced via an job that DSYNC is now tax-exempt. Shortly after the announcement, the token soared 13% before seeing larger gains the next day.

It is possible that the recent surge was fueled by the broader rally in AI tokens. According to data from CoinGeckothe total market value of AI coins has crossed the $10 billion threshold, increasing by almost 30% in the last 24 hours. At the time of writing, its combined market capitalization is approaching $11 billion.

The Destra Network is recognized for its optimization of AI technology within blockchain and cloud solutions using GPU. The project has been a champion of the use of decentralized AI agents.

According to his X account, Destra is developing a platform called Sensitive to the rightwhich would provide traders with specially designed AI agents that “think like humans, communicate naturally, and bring a new level of interaction to your digital world.”

As before reported According to crypto.news, major networks such as ZKsync and Ripple Labs have made great strides in combining AI and blockchain technology, whether by partnering with AI platforms or launching their own .

According to Syncracy Capital, AI technology is still quite new to the crypto space, with only 1% of the total crypto market capitalization credited to AI-integrated projects. However, this could soon change as AI tokens continue to reign.