AI Hype Affects Crypto Tokens

June 21, 2024

The AI-linked crypto token sector has seen significant growth. Tokens from projects using artificial intelligence (AI) technology surged up to 35%, with Fetch.ai’s FET, SingularityNET’s AGIX, and Ocean Protocol’s OCEAN leading gains. This growth mirrors a rise in Nvidia’s stock, which became the most valuable company globally, highlighting the market’s increasing interest in AI-related technologies.