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The decline in artificial intelligence cryptocurrencies continues.

The decline in artificial intelligence cryptocurrencies continues.

28.12.2024 16:50

Cryptocurrencies themed around artificial intelligence have experienced a significant drop in market value. According to the latest market data, these cryptocurrencies have lost 28% of their value. Experts believe that these cryptocurrencies will show a strong recovery during the altcoin season, which is expected to occur in 2025.

Artificial intelligence cryptocurrencies have recently experienced a significant loss in value. According to market data, the market capitalization of these cryptocurrencies has decreased from 70.4 billion dollars to 50.5 billion dollars in the latest measurements, showing a 28% decline. Despite the decreasing interest of investors in cryptocurrencies in this field, experts predict a major recovery for 2025.

THE 2025 ALTCOIN SEASON MAY PLEASE ARTIFICIAL INTELLIGENCE CRYPTOCURRENCIES

Sharp declines continue to be observed in artificial intelligence-based cryptocurrencies. According to the latest data, the total market capitalization of these assets has dropped by 28% to 50.5 billion dollars from the 70.4 billion dollar level reached on December 7. This sharp decline coincided with Bitcoin's 14% loss in value after breaking its record of 108 thousand dollars.

Another indicator of the contraction in the sector was seen in trading volumes. The monthly trading volume of AI-focused crypto assets decreased by 11%, falling to 4.73 billion dollars. This decline indicates that investors' appetite in this area has diminished.

The decline in artificial intelligence cryptocurrencies continues

However, market experts appear to be optimistic for the upcoming period. Analysts predict that small-scale cryptocurrencies will enter a rising trend in 2025. While a new wave of increase is expected with the shift of profits from Bitcoin to altcoins, famous crypto investor Elja stated in an analysis shared on the X platform that a "mega altcoin season" will occur in the first quarter of 2025.

There is also a prevailing expectation of an increase in major altcoins, especially Ethereum. Market analysts suggest that Ethereum could test the 5 thousand dollar level in the short term and reach 15 thousand dollars by the end of 2025. These predictions by experts are based on past price movements and technical analysis data.



 
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