Ruvi's AI-Powered Model Attracts Attention Amid Bitcoin Reserve Low

Bitcoin's exchange reserves have hit a seven-year low of around 2.2 million coins, according to recent data.

This marks a significant shift in the market, as long-term holders move their supply into cold storage and ETF custodians lock it away, tightening the float but not yet lifting the price, which has dropped roughly 6.1% on the week to around $59,654.

Ruvi (RUVI), a decentralized AI superapp, is attracting attention as an alternative to traditional cryptocurrencies like Bitcoin.

Ruvi's unique approach involves using platform revenue to fund an on-chain buyback and burn of its own tokens, effectively tying the supply reduction to real usage rather than sentiment alone.

The project has already implemented 20+ live AI models across various media formats and has a fixed non-mintable supply of 5 billion RUVI tokens, which are being sold at $0.020 in Phase 3 of its presale before stepping up to $0.028 in Phase 4.