The market cap of crypto AI agents has declined by 60-70% in the past two months, causing some to believe that the concept was a fad. However, others believe that this is a natural cycle and an opportunity to weed out nonviable projects. There is still potential for growth, particularly in the field of DeFAI, which combines DeFi with AI. Developers are determined to innovate and bring new projects to the market. Popular investor 0xJeff believes that integrating AI into existing high-value verticals, such as DeFi, could be highly beneficial. Despite the current bearish sentiment, the hype around AI integration in the cryptocurrency industry is still alive, as seen at the recent ETHDenver conference.
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