I've noticed several articles attributing the

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drop in AI coins like AGIX, $FET , and $OCEAN to merger news (AGIX merging into ASI), as if these coins exist in isolation. However, the primary reason for coin drops is usually the correction of #BTC .

As I've mentioned before, $AGIX has an 85% correlation with BTC price, meaning it closely follows BTC's movements with some variation. Especially in the lead-up to a halving market, other scenarios are unlikely (although underrated gaming coins might be an exception).

Confidence in major currencies boosts overall market sentiment, and vice versa. For AI coins to gain independence, there needs to be a significant reallocation of market funds away from BTC, or AI companies behind these coins must develop products as impactful as Alternatively, the AI narrative needs to become so compelling that the general public takes a keen interest in AI coins.

However, none of these scenarios are likely to unfold soon. Some reallocation might occur after the halving event and a BTC surge, when it seems major coins have reached their growth limits.

I hope you find this information helpful.