AI tokens are surging, with whales making bold moves. And yet, despite a 24.44% year-to-date hike, the rally has struggled to sustain...
led the gainers’ chart, with ARC and ai16z at the top. Following the AI Summit in France, over $7 million has flowed into these tokens, further building on Trump’s $500 billion AIDespite AI tokens gaining momentum, their combined market cap accounts for just 1.5% of the $3.15 trillion crypto market – Leaving plenty of room for growth.And yet, despite a 24.44% YTD surge in AI tokens’ combined market cap and a $500 billion investment in Artificial Intelligence, the rally fizzled out fast.
Looking ahead, news of Artificial Intelligence-driven legislation could fuel a long-term surge, though a $100 billion market cap is still a distant dream. What this means is that these coins are perfect for short-term gains in the meantime.Ripley is a full-time crypto-news journalist with a fascination for blockchain tech and how it makes lives easier on multiple levels. She has been trading since 2019, and has a keen eye for market movements and analyses.Subscribe to get it daily in your inbox.
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