If we are talking about BTC, you know we might say hello to the “bull market” soon, and although it’s in the early stage right now, it might find it’s a new star, the AI crypto market. But before going into this subject in detail, we need to understand the situation better.
So far this year, the market’s total value has risen to about $2.69 trillion, showing a big 35% increase since January. Also, trading activity remains lower than during the busiest times of the bull market. However, there are several indications that things might improve:
▶ 𝗡𝗮𝘁𝘂𝗿𝗮𝗹 𝗺𝗮𝗿𝗸𝗲𝘁 𝗰𝘆𝗰𝗹𝗲: After a big drop in 2022, it’s normal to expect things to pick up again.
▶ 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗛𝗮𝗹𝘃𝗶𝗻𝗴: In April 2024, there will be an event called Bitcoin halving. This has happened before, and it usually leads to the market going up.
▶ 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗶𝗻𝘁𝗲𝗿𝗲𝘀𝘁: Big investors are starting to look at the market again.
However, even though we haven’t entered a bull run yet, there’s already a standout performer in the crypto market.
𝘞𝘩𝘢𝘵 𝘪𝘴 𝘩𝘢𝘱𝘱𝘦𝘯𝘪𝘯𝘨 𝘪𝘯 𝘵𝘩𝘦 𝘈𝘐 𝘤𝘳𝘺𝘱𝘵𝘰 𝘮𝘢𝘳𝘬𝘦𝘵 𝘳𝘪𝘨𝘩𝘵 𝘯𝘰𝘸?
AI-related tokens have gone through the roof, shooting up to a whopping $25.1 billion in market cap in less than a month. That’s more than double what it was just a short while ago, and it’s got the whole crypto community buzzing with excitement.
𝗖𝗿𝘆𝗽𝘁𝗼 𝗔𝗜 𝘁𝗼𝗸𝗲𝗻𝘀 𝘁𝗼 𝗹𝗼𝗼𝗸 𝗳𝗼𝗿
Bittensor Insights (TAO): Notable growth of 19.91% over the past week, boasting a market cap of $4.7 billion.
The Graph (GRT): Demonstrating resilience with a 20.42% surge over the past week, holding a market cap of $3.3 billion.
Fetch.ai (FET): Experiencing substantial growth of 78.96% in the past week, securing a market cap of $2.2 billion.
SingularityNET (AGIX): Showing impressive gains of 63.95% over the past week, with a market cap of $1.5 billion.
Worldcoin (WLD): Despite recent regulatory challenges, maintaining its presence in the market. Facing recent challenges, down by 6.19% over the past week, with a market cap of $1.1 billion.
𝗜𝗻 𝗰𝗼𝗻𝗰𝗹𝘂𝘀𝗶𝗼𝗻, the AI crypto market has emerged as a new star, with crypto AI tokens experiencing explosive growth, doubling their market cap in less than a month. This surge reflects a shift in investor interest towards long-term value, particularly in AI projects.
As the crypto landscape evolves, conducting thorough research and seeking professional advice before making investment decisions is essential.
🚨 Remember, NFA (Not Financial Advice), always DYOR (Do Your Own Research).
