Summary
- 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.
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."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![Dow Tops 50,000 for First Time Ever as “Oversold” Narrative Spreads [New York Stock Market Briefing]](https://media.bloomingbit.io/PROD/news/1c6508fc-9e08-43e2-81be-ca81048b8d11.webp?w=250)
