AI-related cryptocurrencies saw massive attention during the AI boom, but many have since experienced significant price drops. Why?
- Hype vs. Utility: Many projects capitalized on AI hype without delivering real-world applications. When the excitement faded, prices followed.
- Market Conditions: The general crypto market downturn hit speculative assets, including AI coins, the hardest.
- Unclear Roadmaps: Projects that failed to meet expectations lost investor confidence.
Do they still have potential? Absolutely! But only those with genuine use cases in AI-powered data processing, automation, or decentralized intelligence will succeed. Thorough research is essential—proceed wisely!
What’s your take? Are AI coins undervalued gems or overhyped assets?