AI-Centric Crypto Market Loses Over $1 Billion in Value in 90 Days
By: TOGRP
May 29, 2023 5:03 AM / 0 Comments Blockchain ZentaNewsDesk ZentaPost International News AI
About three months ago, 74 AI-centric digital currencies had a total market value exceeding $4 billion. However, since then, the value of this AI-driven crypto market has dropped by more than $1 billion.
a significant decline in the market value of cryptocurrencies tied to artificial intelligence (AI) over the past 90 days
About three months ago, 74 AI-centric digital currencies had a total market value exceeding $4 billion. However, since then, the value of this AI-driven crypto market has dropped by more than $1 billion.
Current data indicates that there are 89 crypto assets related to AI, valued collectively at $2.93 billion, despite the addition of 15 new AI-centric tokens during the period .
While there was some initial enthusiasm and a surge in the value of these tokens due to events such as the launch of OpenAI’s GPT-4, the overall trend in the past 90 days has been one of decline. The factors contributing to this drop are not specified in my search results, but could include various market dynamics, changes in investor sentiment, and fluctuations in the broader crypto and AI industries.