Crypto-ai Industry Faces Downturn With $1b Lost In 90 Days

Interest in and valuation of crypto-AI initiatives are declining, as evidenced by a steep fall in global search interest and a decrease in market capitalization of the top AI-focused cryptocurrencies. Data from Google Trends and cryptoslate.com shows that the value of the AI token economy has been reduced by $730 million in the last 90 days, with the largest crypto-AI asset, Graph (GRT), losing 10.71% of its value and the second-largest AI-focused cryptocurrency asset, SingularityNET (AGIX), falling 29.58%. Overall, the price of crypto tokens related to artificial intelligence has dropped by 7.38%.