AI Tokens Hit Lowest Weekly Trade Volume Since January: Data

AI Tokens Hit Lowest Weekly Trade Volume Since January: Data

Artificial Intelligence (AI) is all the rage owing to the success of OpenAI’s ChatGPT, which has taken conversations about the space to a whole new level. Off late, several AI-related crypto tokens have sprung up, capturing the imagination of investors amidst a dull market.
After initial gains, however, these assets underwent significant value reductions. Prominent blockchain analytical firm Kaiko also echoed a similar sentiment.
According to its latest analysis, AI-related tokens have been losing momentum, even hitting the lowest weekly trade volume since January.
AI-related tokens have been losing momentum, hitting lowest weekly trade volume since Jan. pic.twitter.com/299kh5im1j
— Kaiko (@KaikoData) July 27, 2023

Fetch.ai, for one, is a popular blockchain platform that leverages artificial intelligence to aid people in automating everyday tasks. Its native token, FET, too, has seen tremendous success since its launch.
But over the last month, the token lost over 9% and was curr

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