Odaily Planet Daily News Data analysis company Kaiko stated that the trading activities of artificial intelligence (AI) related concept tokens have decreased. Tokens such as Fetch.ai (FET), Injective (INJ), Oasis Network (ROSE), Render (RNDR), SingularityNET (AGIX) and The Graph (GRT) recorded their lowest weekly trading volume since January 1.
A variety of factors could have contributed to the decline in trading activity. Given the recent decline in the broader cryptocurrency market, general market sentiment may affect AI-related tokens. Additionally, specific factors specific to the AI cryptocurrency industry, such as regulatory concerns, may also be responsible for the decline in transaction volume. (Cryptoslate)