Trading for AI16Z has commenced on the KuCoin exchange, with the cryptocurrency recently reaching a price of $1.36, resulting in a valuation of approximately $1.5 billion. This marks a dramatic increase of 5,900% from its earlier value of around $0.02, which corresponded to a market capitalization of $25 million. Early investors are actively trading their holdings, with one investor recently swapping 1.6 million AI16Z for $2.192 million. Accumulation by larger investors continues, as evidenced by a trader who spent $1.16 million to acquire 1 million AI16Z and another who purchased 869,000 AI16Z for $1.09 million, now holding a total of 4.38 million AI16Z. The rapid rise in value has drawn comparisons to previous successful cryptocurrencies, suggesting a potential for further growth.