The cryptocurrency $PROMPT has experienced a notable surge, rising by approximately 150% to a fully diluted valuation (FDV) of $360 million shortly after its launch. This increase follows a period of market uncertainty, with many traders previously hesitant to sell due to fears of a miner extractable value (MEV) bot manipulating the market. Currently, $PROMPT is leading the AI sector, having achieved a new all-time high (ATH) of $0.462 and surpassing a market cap of $100 million. The project has gained traction on major exchanges, including OKX, Binance Alpha, and Coinbase. As of now, $PROMPT's FDV has reached $500 million, with reports of a short squeeze occurring, reflecting a significant shift in trader sentiment. The overall AI sector has also shown impressive growth, increasing by 5.41% in the last 24 hours, while the NFT sector rose by 2.6%. The positive market movement has been attributed to the project's strong fundamentals and the resolution of prior claim issues, which have led to renewed interest from investors.