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$4 Billion Down the Drain (Again): Is This the Start of ‘AI-bercrash’?

A  illustration of a sinking ship with AI tokens as cargo boxes being pulled down into the ocean by an unseen force. The background is a darkening sky with clouds and lightning bolts striking downwards. In the foreground, a few token coins are scattered on the water's surface, some upside-down in the waves.

AI Tokens: Because Who Needs Real Value When You Can Have A Nice Sounding Name?.

Source: cointelegraph

The cryptocurrency market experienced a sharp downturn as artificial intelligence and big data-related tokens shed $4.69 billion in market capitalization over three days. The market, which stood at $38.82 billion on Sept. 30, fell to $34.13 billion by Oct. 3, raising questions about the anticipated “UPtober” trend that investors hoped would bring a market recovery. Despite October’s historical trend of being a favorable month for traders, this year is shaping […]

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