AI Tokens Take a Dip: When Less Demand Leads to Less Sizzle in Prices
CoinMarketCap's data shows that the top three AI tokens with the highest market capitalization are The Graph [GRT], SingularityNET [AGIX], and Fetch.ai [FET].
Although these cryptocurrency assets experienced substantial growth during the past week, on-chain analysis revealed that their prices respective prices peaked on 8 February and have since declined. The decline in price was attributable to the corresponding drop in new demand for these assets. Due to a lack of sufficient liquidity to boost prices, it is likely that the prices of these assets will continue to decline.