Several pieces of evidence imply that the value and interest in crypto-AI initiatives have decreased. Early in February 2023, the term “crypto ai” reached its peak in global search trends, with a Google Trends score of 100.
Despite the increase, the score dropped to a low of 22 over the last 90 days. The top five nations now searching for “crypto AI” are Slovenia, the Netherlands, Cyprus, Lebanon, and Nigeria.
Crypto AI
As a result of significant price gains in the leading cryptocurrencies with an AI concentration following Microsoft‘s multibillion-dollar investment in Openai, the firm that created Chatgpt, the overall market value for crypto AI surpassed $4 billion in February.
But since then, the crypto AI industry has suffered huge losses. According to recent data from cryptoslate.com, the crypto AI token industry has lost $730 million.
- According to recent data, the crypto AI token industry has lost $730 million.
- The biggest crypto AI asset by market capitalization, lost 10.71% in the last month.
- The crypto AI sector’s current 24-hour global transaction volume is $325.58 million.
In the previous month, GRT (Graph), the biggest crypto AI asset by market capitalization, lost 10.71% of its value. During that period, Singularitynet (AGIX), the second-largest AI-focused cryptocurrency, lost 29.58 percent.
Over the past 30 days, the value of Fetch (FET), the third-largest crypto AI token, has decreased by 14.36%. The majority of these losses happened over the past seven trading days, which also happened to be a period of widespread decline for the crypto market as a whole.
The price of artificial intelligence-related cryptocurrency tokens has decreased overall by 7.38%. With a decline of 15.70% over the previous week, it has been very difficult. The crypto AI sector’s current 24-hour global transaction volume is $325.58 million.
It’s interesting to note that, according to statistics from cryptoslate.com, the cannabis-related cryptocurrency market has performed the best recently, rising 3.89% against the dollar.
