According to TechFlow, on August 28, The Block reported that despite the rise in Nvidia's stock price in pre-market trading, the prices of major AI-related crypto tokens have fallen in the past 24 hours. Leading AI crypto tokens such as Near Protocol, Internet Computer, Artificial Superintelligence Alliance and Bittensor fell by 8%, 5%, 9% and 8% respectively.

CoinGecko data shows that the market value of AI tokens fell to $23.9 billion, a drop of more than 6%. The market is paying close attention to Nvidia's upcoming earnings report, which is expected to be released after the close on Wednesday Eastern Time. Analysts said Nvidia's strong earnings report could push the market to new highs, while any signs of weakness could trigger a significant pullback.