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Cryptocurrency News Articles

Is Griffain Crypto Worth Trusting Again After Its Latest Surge?

May 16, 2025 at 08:04 am

The fact that this coin and product are heavily supported by Solana and Toly gives them huge legitimacy. Tony Plasencia, the CEO of Griffain, is an old-growth executive at Uber and the co-founder of Underdog Protocol.

Is Griffain Crypto Worth Trusting Again After Its Latest Surge?

"Is Griffain Crypto Worth Trusting Again After Its Latest Surge?"

(GRIFFAINUSDT)

The fact that this coin and product are heavily supported by Solana and Toly gives them huge legitimacy. Tony Plasencia, the CEO of Griffain, is an old-growth executive at Uber and the co-founder of Underdog Protocol.

Griffain crypto product works as an agent engine, which allows users to interact with the blockchain by typing neutral prompt language. Instead of manually using a wallet to swap your SOL for USDC, you can simply tell the Griffain agent, “Swap SOL to USDC.” The agent will then handle the entire process for you. It can also help automate tasks such as token swaps and NFT minting.

Despite achieving a market cap of 640 million at its all-time high (ATH), Griffain fell short thereafter. It couldn’t keep the same hype or expand its product for a greater audience. It was looked at as the entry tool for the Web2 audience. Despite being a first mover, its fall can be linked to the lack of innovation, branding, marketing, and market sentiment.

Since the launch, the team has made very few updates to the user interface and its branding. Marketing-wise, it’s still lacking, despite occasional mentions from Toly here and there.

It went from a 640M to a 25M market cap in a period of four months. The crypto market is no stranger to this knd of swing, but it was generally considered dead by many.

This month, it made a comeback to hit 150M market cap. It’s an impressive candle, but it doesn’t really tell anything about the product itself. The same issues persist, indicating that the change in market sentiment is the only notable shift.

Lack of updates is still evident, with Griffain’s last post on X dating back to April 25th, which raises several concerns. The same applies to Tony Plasencia, whose last mention of the product was also on that date. It seems he cares more about other projects and lacks seriousness in truly building Griffain. Before making any buying or selling decision, always DYOR.

Instead of buying old AI agents, which can generate little profit, investors tend to buy hot crypto narratives. MIND of Pepe ($MIND) is a pioneering crypto project and the first major meme coin brand to utilize advanced AI.

The coin isn't just another AI token; it’s a working product with real traction and utility tailored to today’s crypto-trading landscape. It’s an AI agent for crypto, built to help users find profit in real time.

When combined with Retrieval-Augmented Generation (RAG) and live market data through REST APIs, it performs a real-time check of blockchains, dApps, and social media. With it, users can use useful information to spot real opportunities in the chaos.

With the current price of $0.00375, MIND has already raised $9.2 million. It also offers their early investors a staking option. They will be able to stake their coin and generate passive income at a high APY of up to 246%.

Experts predict the price of MIND to hit $0.0095 by the end of the year. That’s about 4 times the current price. But as always, DYOR.

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Other articles published on May 16, 2025