According to Cointelegraph, since June 8, the market value of artificial intelligence and big data tokens has increased by 131.35%, reaching $42.13 billion, primarily driven by Near Protocol, Internet Computer, and Render.
The reasons for the rise in AI token prices include increased investor confidence, positive sentiment in the Bitcoin market, regulatory clarity in multiple regions, and the absence of significant ecosystem collapses.
The AI token market experienced a decline in the first half of 2024, dropping from $44.99 billion on March 15 to $18.21 billion on June 8, but then rebounded to $42.13 billion.
Currently, AI tokens account for 1.36% of the entire cryptocurrency market, showing significant growth potential. On November 10, Ethereum's market value surpassed that of Bank of America, reaching approximately $383 billion, indicating an increase in the popularity of decentralized finance and crypto assets.
