CandleFocus AI token market cap drops almost 30% from the $70B December peak
2024-12-28
Author: Content Editor
The market capitalization of AI tokens has dropped by nearly 30% to $50.61 billion, coinciding with Bitcoin's price drop. However, some AI tokens like AXIS, PHA, and MDT have seen an increase in trading volumes and market caps. The AI16Z token is performing well with a market cap surpassing $1 billion. Analysts predict a promising future for altcoins in 2025, with Ethereum and other altcoins potentially revisiting previous price peaks. Regulatory changes and institutional interest are also expected to contribute to market recovery.
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