2025-02-07
The artificial intelligence (AI)
cryptocurrency sector has seen a downward trending, with top AI tokens
plummeting by more than 30% in the past week.
Top AI tokens including Bittensor (TAO)
fell 26%, Render (RENDER) dropped 28%, and the Artificial Superintelligence
Alliance (FET) faced a 31% loss.
Adding to the woes, top agentic AI
platforms such as AI Rig Complex (ARC), ElizaOS (AI16Z), and Virtuals (VIRTUAL)
have witnessed a staggering 75% to 90% decline in market capitalization since
January.
One of the key factors contributing to
the slump in AI tokens is the rise of the Official TRUMP (TRUMP) memecoin,
which has drawn liquidity and investor attention away from the AI crypto
sector.
Despite the recent market decline,
experts believe AI remains one of the most promising sectors with strong
long-term potential.
The sector's future growth prospects will continue to attract interest, even amid the short-term volatility.
