[Digital Today reporter Jinju Hong] BEAT, the crypto token of AI music platform Audiera, has surged more than 1,500 percent over the past month, drawing market attention. It contrasts with bitcoin (BTC) and ether (ETH), which posted double-digit declines over the same period. Concerns about overheating are also growing, as the rally was formed as revenue generation, token burns and short-covering liquidations converged at the same time.

Cointelegraph, a blockchain media outlet, reported on June 11 that BEAT rose more than 1,500 percent over the past month to hit a record high of $9.2. Over the same period, bitcoin and ether fell about 25 percent and 30 percent, respectively, it said.

The market points to Audiera’s revenue-based token burn structure as the key driver of the rally. Audiera said it recorded weekly revenue of about 772,045 BEAT from June 1 to 8. Converted using the token price presented by the company, it amounts to about $2.87 million.

Audiera burned about 770,545 BEAT over the same period, and its cumulative burns topped 12.35 million BEAT. Token burns reduce the circulating supply and increase scarcity under a structure in which total issuance is capped at 1 billion tokens. For that reason, investors rate BEAT as one of the projects showing the strongest growth among AI-themed cryptocurrencies recently.

Some analysis says revenue and burns alone do not fully explain the recent scale of gains. In the derivatives market, large short liquidations appear to have further stoked the price rise.

Data showed that since May, liquidations of short positions in the BEAT market totaled about $28.72 million. That is more than double the $13.74 million in long-position liquidations over the same period.

This is interpreted as a typical short squeeze. As the price rose, short sellers were forced to liquidate positions to limit losses, and buying generated in the process formed a structure that further fueled the price increase.

BEAT’s recent price action resembled a near-vertical rise rather than a gentle uptrend. The market sees this as suggesting forced buying had a larger impact than rising spot demand.

Technical indicators are also flashing overheating signals. BEAT’s daily relative strength index (RSI) jumped to 96.87. RSI readings above 70 are generally seen as overbought, and the current level is analysed as record overheating.

Experts warn of the possibility of a sharp correction if buying weakens or early investors begin taking profits in earnest.

The market sees $9.47 as a key near-term resistance level. The price zone overlaps with the 1.618 Fibonacci extension area. Some forecasts say BEAT could pull back to around $3.71 if it fails to break through this level.

If it clearly breaks above $9.47, an additional upside scenario is also being raised, with a target of more than $15 in the coming weeks.

As a comparison, some cite the HYPE token of decentralised derivatives platform Hyperliquid, which is up about 120 percent so far this year. HYPE has already proven its business model and product fit in the market, while Audiera’s revenue-and-burn model has had a relatively short period of validation.

The industry assesses BEAT’s recent surge as the result of revenue growth expectations, token burns and a short squeeze acting at the same time. It also sees that for the uptrend to continue, it will likely need sustained support from actual revenue growth and expanded burn volumes.