I warned you at the beginning. There are those who run after everyone who says they have salt. There have been sharp declines and losses in value in tokens that people are crazy about. 2 times 2 equals 4, it's that simple, my friends. Here are the details;
Artificial intelligence (AI) trading in the cryptocurrency market has experienced a significant decline after showing significant gains earlier in the year. This decline contrasts sharply with the continued strength of AI-related investments in the stock market.
Tokens associated with AI-themed blockchains such as Near Protocol, Internet Computer, Bittensor, and Render Network have seen steady declines since March and are down more than 50% from their 2024 peaks. These tokens are often issued by early-stage projects that aim to integrate blockchain technology with AI services, a combination whose practical utility remains uncertain. For example, Render Network aims to create a decentralized marketplace for buyers and sellers of computing power for AI processing using blockchain for payment and data verification.
The initial surge in these tokens was driven by excitement surrounding AI developments like OpenAI’s ChatGPT and the rapid rise in Nvidia’s stock value. These tokens were particularly popular with risk-seeking traders in South Korea. However, as Kaiko noted, weekly global trading volumes for these tokens have fallen significantly from their peaks in the first quarter of this year, falling to just $2 billion in early August.
BY THE WAY, MY FRIENDS, HAVE YOU SEEN THE 500,000 LIRA WE RECEIVED IN 2 MINUTES TODAY? YOU CAN SEE IT BY CLICKING BURADAN
Friends, I am sharing this and many other important information with you instantly. I have no interest in you. Please do not withhold your free support from me. If anyone who has not followed me yet does, I would be grateful.Don't forget to leave your likes.
