Although NVIDIA's market value has encountered major challenges recently, the stock price has fallen continuously, resulting in the evaporation of US$430 billion in market value. This situation has aroused market attention and concern. This is mainly attributed to the market's concerns about stock selling by company executives, especially President Huang Jensen and others who have recently sold a large number of stocks. These selling behaviors have been included in the regulatory scope of the U.S. Securities and Exchange Commission (SEC).
Nonetheless, artificial intelligence-related crypto tokens have shown strong upward momentum. Tokens such as Fetch.AI (FET) and SingularityNET (AGIX) have both seen significant gains over the past week. Fetch.AI is up 35%, while SingularityNET has surged 34%, according to CoinMarketCap. This bucking trend stands out, especially amid widespread price declines in mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
In addition to FET and AGIX, other artificial intelligence tokens also performed well. For example, OpenAI’s Worldcoin (WLD) has increased by 5.9% in the past week, and Arkham Intelligence’s ARKM token has increased by 26%. These increases not only demonstrate the strong performance of artificial intelligence crypto tokens, but also reflect the market’s confidence in artificial intelligence technology and its optimism about its future potential.
This phenomenon highlights that despite the market value challenges faced by traditional technology giants such as Nvidia, the field of artificial intelligence is still full of vitality and opportunities. As an emerging form of digital assets, cryptographic tokens are becoming an important area of concern for investors. With the advancement of technology and the expansion of the market, artificial intelligence cryptographic tokens are expected to show broader development prospects in the future.
