AI cryptocurrency market cap reaches $16.8 billion

1 min read

The cryptocurrency market, particularly driven by artificial intelligence (AI) tokens, has witnessed a remarkable surge, reaching a total market value of $16.8 billion—a 22.3% increase in just 24 hours. CoinMarketCap reports that nine AI tokens now boast market capitalizations exceeding $1 billion, with three of these tokens categorized as AI Agents. This growth is accompanied by heightened trading activity, with $2.3 billion in transactions recorded recently, indicating a rising investor

AI crypto tokens drop sharply after the US DOJ subpoenaed Nvidia

1 min read

The AI cryptocurrency token market has had a substantial decline, resulting in the overall market capitalization dropping to $20 billion. The decrease in sales is a result of a subpoena issued by the US Department of Justice (DOJ) to Nvidia, regarding concerns about potential antitrust violations. The Department of Justice’s inquiry into Nvidia’s conduct has raised broader apprehensions over the reliability of AI investments, especially those associated with prominent technology