AI Crypto Market Faces 28% Drop 😱
The cumulative market capitalization of AI cryptocurrencies has dropped by 28% since its December peak of $70.4 billion, now standing at $50.5 billion. Trading volume also declined 11% over the past month, reflecting reduced interest.
The downturn aligns with a broader crypto market correction, including Bitcoin’s 14% fall from its all-time high. Analysts predict a recovery for AI tokens during the anticipated 2025 altcoin season, as Bitcoin profits may flow into smaller cryptocurrencies. Historical fractal patterns suggest this altseason could begin in early 2025, potentially benefiting both AI cryptos and Ether.
This is bullish!
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