Niu Hui! ! ! AI tokens are leading the trend, and the altcoin market is undercurrent.
As the market picks up, AI tokens such as Internet Computer (ICP), FET, and INJ are leading a mini-renaissance, with their price surge pushing the total market capitalization of AI tokens to a new high of approximately $28 billion. This force not only ignited investors' enthusiasm for AI tokens, but also triggered widespread discussions on whether the entire altcoin market will usher in a new round of rising cycles.
While Bitcoin has given the entire cryptocurrency market a shot in the arm, the full altcoin rally still doesn’t appear to be fully realized. According to the latest data, the altcoin seasonal index remains at 33%, suggesting that the possibility of a full-scale outbreak in the short term is unclear. However, this has not stopped individual altcoins from showing strong growth momentum.
In the past period of time, some altcoins such as TAO, SUI, AAVE, XRP, etc. have achieved significant value increases. The outstanding performance of these projects not only reflects the market's recognition of their potential, but also indicates that the vitality of altcoins in specific fields is still strong.
However, despite these positive signs, it may take more time for the entire altcoin market to reach a state of general upward momentum. Current market indicators show that only a handful of altcoins have been able to surpass Bitcoin’s performance over the past 90 days, meaning that it will still be some time before a full-blown altcoin season arrives.
The current market environment is full of opportunities as well as challenges. AI tokens and some high-performing altcoins provide potential value-added space, but at the same time, investors are required to remain cautious and conduct sufficient market analysis and risk assessment.
In the coming week, AI tokens and some altcoins are expected to continue to demonstrate their upside potential. However, a full market rebound may take some time. Investors should pay close attention to market dynamics and flexibly adjust investment strategies to cope with various changes that may occur.
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