The Connection Between AI and Crypto
The recent dip in AI market cap is affecting AI-focused cryptocurrencies. Projects like Fetch.ai and SingularityNET have seen decreased volumes on Binance.
Reasons Behind the Dip
Investor Reallocation: Shift towards safer assets amid economic uncertainty.
Regulatory Concerns: Increased scrutiny on AI and crypto projects.
Strategies to Consider
Buy the Dip: Consider investing in undervalued AI-related tokens.
Diversify: Explore other sectors like DeFi and NFTs.