Assessing Flock AI token’s 140% rally in 7 days – When will it stop?

Key Takeaways

FLOCK token has rallied by triple digits over the past few days. However, it flashed an overbought signal that triggered pullbacks in April and June. Is it time for a slight cool-off?

Flock [FLOCK] AI token pumped by over 140% in the last seven days, thanks to renewed market interest in decentralized AI and the crypto treasury trend.

In fact, as the overall market nursed Monday blues and as Bitcoin [BTC] retreated lower, the altcoin shot higher by 49%. Hence, the question – What’s really driving the rally?

FLOCK’s positive fundamentals

Flock AI is winning on one differentiated front – Future and privacy-first AI programs will need user-owned training, rather than centralized AI models.

Interestingly, its decentralized AI training model is being billed as “not your models, not your AI,” drawing parallels to self-custodial wallets and “not your keys, not your coins.”

Additionally, Flock has scored several blue-chip partnerships, including Alibaba Cloud. In fact, Monday’s 49% upswing followed a collaboration with the Hong Kong AI agency, HKGAI.

Crypto treasury firms have begun showing interest in the project too. The latest potential partnership with CIMG seeks to train the firm’s AI wellness system on Flock and adopt the native token FLOCK as a reserve treasury.

According to Flock, this appeared to be a shift from most traditional crypto firms that chase speculation.