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"AI-themed Cryptocurrency Market Cap Drops Over 28% in Three Weeks"

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Son Min
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  • The market capitalization of AI-themed cryptocurrencies has reportedly fallen by over 28% in the past three weeks.
  • The cumulative trading volume of AI-themed tokens also decreased by 11%, suggesting a decline in investor interest.
  • It is anticipated that the altcoin season will arrive next year, which could lead to a bullish trend for AI-themed cryptocurrencies.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The market capitalization of AI-themed cryptocurrencies has dropped by more than 28% in three weeks.

According to Cointelegraph on the 27th (local time), the current market cap of AI-themed cryptocurrencies is $50.5 billion, down more than 28% from the peak of $70.4 billion on the 7th. It further reported, "The cumulative trading volume of AI tokens also decreased by 11% over the past month, reaching $4.73 billion," indicating that investors are losing interest in AI cryptocurrencies.

However, the media added, "As the altcoin season is expected to arrive next year, there could be a bullish trend for AI-themed cryptocurrencies."

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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit