On March 29, 2025, Google unveiled the Gemma 3 family of large language models, as reported by DeepLearning.AI.

This launch has immediate implications for the cryptocurrency market, particularly affecting AI-related tokens such as SingularityNET (AGIX), Fetch.AI (FET), and Ocean Protocol (OCEAN).

Following the announcement, AGIX's price increased by 7.2% to $0.85, FET rose by 5.8% to $0.72, and OCEAN surged by 6.5% to $0.68 within the first hour.

At 11:30 AM UTC, trading pairs for AGIX/BTC, FET/BTC, and OCEAN/BTC saw increases of 6.5%, 5.2%, and 5.9% respectively, reflecting a strong correlation between AI developments and cryptocurrency market dynamics.

Trading volume for these tokens spiked dramatically, with AGIX recording $120 million, FET $95 million, and OCEAN $80 million shortly after the announcement.

On-chain metrics showed increased activity, with AGIX's active addresses up 20% to 10,000, FET's up 15% to 8,500, and OCEAN's up 18% to 7,800 by 12:00 PM UTC.

Despite potential corrections indicated by technical indicators, AGIX's MACD showed bullish momentum, suggesting continued upward movement, with trading volumes increasing by 30%, 25%, and 28% for AGIX/BTC, FET/BTC, and OCEAN/BTC by 1:30 PM UTC.

Technical indicators indicated potential corrections, with AGIX's Relative Strength Index (RSI) at 72, FET at 68, and OCEAN at 70, suggesting overbought conditions.

The positive market sentiment towards AI technologies suggests sustained interest and investment in AI-related cryptocurrencies.

The Gemma 3 models include multimodal versions that can process text, images, and video, and are available for free with open weights.

The launch has also positively influenced Bitcoin, which saw a 1.2% increase to $65,000 following the announcement, highlighting the broader market impact of AI developments.

Model sizes range from 1 billion to 27 billion parameters, designed to run on consumer hardware, with specific versions of 4B, 12B, and 27B parameters highlighted.