Bill Gurley points out that the AI wave has caused many people to rapidly accumulate wealth, forming a bubble, and he anticipates a reset is coming. He advises investors to focus on undervalued SaaS stocks, as the current software sector is being impacted by AI, with related company stock prices declining significantly. Meanwhile, he expresses concern about the high cash burn rate of leading AI companies.

Gate News Report: On March 17, according to Gate market data, as of press time, GRASS (Grass) is trading at $0.46, up 25.32% in the last 24 hours, with a high of $0.47 and a low of $0.34. The current market cap is approximately $112 million. Grass is a network platform that rewards users for sharing unused internet bandwidth. Users can install the application with just three clicks and automatically earn rewards by sharing the unused portion of their internet connection with verified institutions. User participation is tracked through Grass Points, which help determine the amount of Grass Token rewards users receive over time. Grass cannot view user personal data or online activities, only sharing the unused portion of the connection.

The Solana-based meme coin Punch experienced a brief surge on March 17, with its market cap rising from 10 million dollars to 16.5 million dollars at its peak, currently trading at 13.7 million dollars, up 49% in 24 hours. This increase is related to its winning a community listing vote on a certain trading platform. However, due to the high volatility of meme coin trading, investors should exercise caution.

Gate News - On March 17, according to Gate market data, as of press time, DEGO (Dego Finance) is trading at $1.39, up 58.72% in the past 24 hours, reaching a high of $1.42 and a low of $0.56. The current market cap is approximately $29.2 million, representing an increase of $10.8 million compared to the previous day. ## DEGO Recent Important News: 1️⃣ **Increased Market Attention Drives Price Appreciation** DEGO has recently garnered widespread market attention, with multiple cryptocurrency asset information platforms reporting and tracking the token's real-time price movements and market data. This indicates that market participants' interest in DEGO has increased. Against the backdrop of growing market participant attention, trading activity has picked up, trading volume has increased, ultimately driving a strong surge in token price.

Nvidia unveiled Vera CPU at GTC conference, its first processor designed for Agent AI and reinforcement learning, featuring 88 proprietary cores with multi-task parallel processing support. Its high-bandwidth memory reduces power consumption, and multiple cloud service providers and hardware manufacturers have already planned integration. It is expected to enhance AI programming and streaming data processing performance, with shipments anticipated in the second half of the year.

Gate News Update: On March 17, according to Gate market data, as of press time, FET (Artificial Superintelligence Alliance) is trading at $0.23, up 18.22% over the past 24 hours. It reached a high of $0.25 and a low of $0.15, with 24-hour trading volume reaching $368 million. The current market cap is approximately $524 million, representing an increase of nearly $80.7 million from yesterday. Artificial Superintelligence Alliance is an alliance dedicated to decentralized AI infrastructure, jointly created by Fetch.ai, SingularityNET, and CUDOS. The alliance provides ASI:Ch

Gate News reports that on March 17, according to Gate's market data, as of press time, XRP is trading at $1.56, up 8.47% in the past 24 hours, reaching a high of $1.57 and a low of $1.37. The 24-hour trading volume has reached $4.425 billion. The current market capitalization is approximately $95.776 billion, an increase of $7.476 billion compared to yesterday. XRP Ledger (XRPL) is a decentralized public blockchain led by a global community of enterprises and developers, dedicated to solving problems and creating value. XRPL has been proven to operate reliably for over ten years with a flawless record, offering developers a streamlined development experience, low transaction costs, high performance, and sustainability. The blockchain has high-performance transaction processing capabilities, capable of completing thousands of transactions within seconds.

Gate News - On March 17, according to Gate market data, as of press time, FARTCOIN (Fartcoin) is trading at $0.21, up 27.27% in the last 24 hours, reaching a high of $0.22 and a low of $0.15. The current market capitalization is approximately $211 million, an increase of $45.2 million from yesterday. FARTCOIN is a meme coin based on the Solana blockchain, dedicated to breaking conventional perceptions of cryptocurrencies. The project's slogan is "No cabal, Fart freely," aiming to disrupt the crypto space in a unique way. The token is currently listed on multiple trading platforms including CoinMarketCap, CoinGecko, and Axiom. It is worth noting that, FARTCO

Gate News - On March 17, according to Gate market data, as of press time, CFG (Centrifuge) is trading at $0.17, up 43.88% in the past 24 hours, reaching a high of $0.25 and a low of $0.12. The 24-hour trading volume reached $289 million. The current market capitalization is approximately $99.99 million, an increase of about $3.05 million from yesterday. Centrifuge is an on-chain asset management infrastructure that provides a platform for the tokenization of real assets. The platform supports institutional-grade tokenization through automated infrastructure, multi-chain coverage, and deep DeFi connectivity. Centrifuge enables asset managers and builders to launch tokenized products on audited infrastructure, while offering investors access to a diversified range of asset classes.

Between 22:00 and 22:15 (UTC) on March 16, 2026, the BTC spot market experienced a short-term anomaly with a return rate of +0.63%, with the price fluctuating between 74,367.7 and 74,902.8 USDT and a volatility of 0.72%. Market participation significantly increased, volatility intensified, and short-term trading volume compared to the previous period grew by 18.2%, attracting considerable attention. The main driver of this anomaly was the rapid inflow of large-scale on-chain funds into mainstream exchanges, with net inflows reaching as high as 1,250 BTC, a substantial increase from previous levels. At the same time, the proportion of active buy orders in the spot market rose to 63%.