[Ethereum Mainnet AI Concept Token IMD Market Cap Surpasses $39 Million, Reaches All-Time High] BlockBeats News, September 26: According to GMGN data, the market cap of the Ethereum mainnet AI concept token IMD surpassed $39 million, reaching an all-time high before falling back to $31 million. The 24-hour trading volume is $2.1 million. IMD is an experimental token on the ETH mainnet, transitioning from a blockchain gaming pet token to a project focused on 'community-provided computing power, AI labor, and token deflation.' Its predecessor was the electronic pet game Fren Pet on Base in 2023, later rebranded as VIBE, and finally transitioned to IMD in May 2026. The current narrative of the token is to establish an 'AI cooperative,' where users holding qualified NFTs can connect their computers and Claude/Codex quotas to the network, allowing AI agents to collaboratively write code, audit contracts, and develop applications. Completed projects are rewarded accordingly. The token employs the POOL4 mechanism, where a portion of IMD is taken from transactions, with most being burned and the remainder distributed to stakers and nodes. For more information, see 'From Raising Digital Pets to Managing AI Employees: What Does IMD Aim to Achieve?' BlockBeats reminds users that token prices are highly volatile, and investments should be approached with caution.