Data: The market value of AI tokens has dropped to the range of 50 billion US dollars, a decrease of about 28% from the peak at the beginning of December
According to Cointelegraph, data from CoinMarketCap shows that the market capitalization of artificial intelligence cryptocurrencies has reached $50.5 billion, a drop of about 28% from its peak of $70.4 billion on December 7th. In addition, the cumulative trading volume around AI tokens has also declined, falling nearly 11% in the past month, indicating a decrease in traders' interest in AI cryptocurrencies. However, more and more analysts predict that by 2025 there will be an altcoin season where Bitcoin's profits may flow into small-cap cryptocurrencies including AI tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum's net supply increased by 18,469 in the past 7 days
Swiss crypto bank Amina Bank completes DLT settlement test via Google Cloud
Data: Machi increases Ethereum long positions to $28.6 millions, with an entry price of $2,981.59
Nasdaq: Approval of its tokenized stock program by the SEC is now a top priority