AI agents could launch their own brands, products, music and movies, driving value to social media platforms, the researchers wrote.
Market skepticism is growing as WIF faces challenges from bearish metrics and declining engagement.
Sentiment analysis showed predominantly bearish market participants since late November.
The total market cap for AI coins shows a decrease of nearly 22% over the past month, recording a value of $48.07 billion. The total trading volume of the tokens has also followed the same downward token, with a steep decline of nearly 50% to $2.88 billion.
Supply distribution of MANA showed that some of the larger cohorts of holders were accumulating the token since late November.
As cryptocurrencies close the week with a bearish note, attention has switched to specific segments, and artificial intelligence seems poised to dominate crypto trends in the coming weeks and months. Fetch.ai joined the top-trending alts this week after launching an accelerator fund to support AI startups.
dogwifhat (WIF) price has experienced a sharp decline, falling roughly 15% in the last 24 hours and dropping below $1.60 for the first time in four months. This recent dip adds to a 47% loss over the past 30 days, reflecting significant bearish momentum in the market, with multiple of the biggest meme coins dropping more than 10% in the last 24 hours.
Cryptocurrencies remained downbeat on Thursday, with most assets reflecting significant losses on their daily charts. While the crypto Fear & Greed Index switched from greed to neutral, Fetch.ai, Dogecoin, and Toncoin topped altcoin trends for various reasons. Let us find out more. Fetch.ai launches startup fund Crypto AI firm Fetch.
Fetch.ai's accelerator could significantly enhance global AI and tech innovation, fostering cross-border collaboration and commercialization. The post Fetch.ai launches startup accelerator to boost AI and emerging tech innovation appeared first on Crypto Briefing.
Fetch.ai has launched a $10 million accelerator program to empower startups in AI agents, quantum computing and high-performance technology.
Dogwifhat price crashed below the key support at $2 this week, mirroring the performance of Bitcoin and other Solana meme coins. Dogwifhat (WIF), one of the largest meme coins on the Solana network, tumbled to a low of $1.
dogwifhat whale has purchased 7.25 million WIF tokens worth $13.34 million as WIF dips by 10.74%.
Support for the meme coin segment is now stronger than before with a mysterious crypto whale wallet proceeding to purchase the likes of WIF, POPCAT, and other meme coins in large numbers. Solana meme coins are gaining traction across the crypto sphere even though the price change in the last 24 hours remained bearish.
Bitcoin (BTC) plummeted below $100,000 as the crypto markets witnessed a significant drop on Tuesday, driven by stronger-than-anticipated economic indicators that could delay Federal Reserve rate cuts. BTC was trading above $100,000 since January 6, when it reached an intraday high of $102,464.
Solana meme tokens attracted more buyers in the past two weeks, showing both demand and conviction in the top cult tokens.
From all the options, Altura ($ALU), Fetch.ai ($FET), and SingularityNET ($AGIX) look like the top picks. Here's a simple breakdown of why these coins are worth watching.
AI tokens are struggling to perform despite bullish sentiment around AI stocks in traditional markets.
The cryptocurrency market often thrives on unpredictability, and Fetch.ai's FET token has become a beacon of intrigue in recent days. Amid market turbulence, FET has stood out, delivering a 7.5% gain in the past 24 hours.
With current market sentiment, FET could soar by 30% to reach the $2.05 mark.
Artificial Superintelligence Alliance (FET) has displayed a recovering price pattern on its chart, posting a 25% gain this week. While the uptick might seem encouraging, underlying bearish cues suggest the cryptocurrency could be preparing for a significant drawdown.
As Bitcoin (BTC), the largest cryptocurrency, is making another attempt to conquer the $100,000 level, dozens of altcoins are losing their value. Popular meme cryptocurrencies are on the list of the worst performers, yet some new cryptos in this sphere have entered the top 100.
Fetch AI, now the Artificial Superintelligence Alliance (ASI) after merging with Ocean Protocol and SingularityNET, is poised for growth amid recent developments. The planned burn of 5 million FET tokens in January 2025 aims to reduce supply, sparking optimism among investors.
Economist Henrik Zeberg has made a bold prediction for the Solana-based memecoin Dogwifhat (WIF), suggesting that it could see a massive price surge of up to 840%, potentially reaching as high as $19 from its current price of $2.02.
Economist Henrik Zeberg says that the Solana (SOL)-based memecoin dogwifhat (WIF) is mirroring Bitcoin's (BTC) setup from November. In a new post on the social media platform X to this 172,200 followers, Zeberg says WIF could leap to the $19 range.
Short traders of two of the market's top meme coins have been stunned by liquidation imbalance in the last 24 hours. Notably, PEPE, born on the Ethereum blockchain, and dogwifhat (WIF) on Solana have recorded differences in short trade positions.
Positive funding rates show that long traders are willing to pay a premium to maintain their positions.
The cryptocurrency market is buzzing with anticipation as Fetch.AI (FET) edges closer to a significant breakout. With growing network activity and promising technical indicators, FET might be on the brink of a remarkable 20-30% rally.
FET's growing network activity and bullish setup could trigger a significant 20-30% rally.
While the entire cryptocurrency segment is in the middle of a modest correction, the meme cryptocurrency segment has taken a hit. Its daily performance looks even weaker compared to the market benchmark, but ambitious newcomers bring some optimism.
Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.
One of the standout performers of 2024, WIF could have a really exciting 2025 ahead!
price decline it has experienced over the last few weeks. As of today, December 28, 2024, WIF has begun experiencing upward momentum, with the price surge standing out notably compared to other assets.
Cryptocurrencies exhibited mixed signals on Thursday as Bitcoin struggled around the $95,000 mark. While sellers threatened continued dips, MOON DENG, PENGU, and Ripple's XRP had optimistic updates for their communities. Let us find out more. MOODENG explodes in gloomy markets Digital assets traded in red today as the global cryptocurrency market cap plummeted 3.
Pudgy Penguins surges in the last 24 hours even as most cryptos recover from recent corrections.
Will Fartcoin maintain its dominant AI mindshare amid increase in whale interest?
The cryptocurrency market is buzzing with activity as Solana (SOL) teases a potential breakout, and memecoins like Dogwifhat (WIF) aim for recovery. Amidst this excitement, a new player, DTX Exchange (DTX), is set to redefine trading by offering a unified platform for managing diverse assets. Let's explore these developing trends from a closer lens.
According to widely-followed crypto influencer ‘artchick,' Dogecoin (CRYPTO: DOGE) and Shiba Inu (CRYPTO: SHIB) will not be the main meme coin beneficiaries of a rally. The influencer's forecast hinges on Bitcoin (CRYPTO: BTC) maintaining its momentum and Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) outperforming.
Dogwifhat has witnessed significant bearishness lately, losing 40% of its value within the past month. Nevertheless, prevailing price actions suggest a possible market shift. The dog-themed cryptocurrency joined today's altcoin bounce-back, gaining nearly 10% after steadying around the $1.885 barrier.
Fear and uncertainty fill the Solana (SOL) meme coin scene! Tokens like Dogwifhat (WIF) and Bonk (BONK) are bleeding value, leaving many investors frustrated and anxious. Once the darling of internet culture, these coins have seen their prices plummet, sparking questions about their future.
The concerns over meme coin season have increased, as witnessed by the volatile trading with many top coins like DOGE, SHIB, WIF, and others, continuing their declines today. Meanwhile, the decline comes amid a gloomy sentiment noted in the broader crypto market, indicating a shifting market focus.
Here is how some of your favorite assets concluded the week.
WIF could face further declines but retains an overall bullish market sentiment.
Crypto prices today are showing bearish momentum as Bitcoin (BTC) dropped below the $97K level, marking a sharp decline from its $108K all-time high earlier this week. The BTC price hit a low of $92K, reflecting significant volatility.
The price of Dogfwifhat dropped by 16.5% in the past 24 hours and accumulates a 25% decline in the past 7 days as the tailwind provided by its recent listing on Coinbase appears to be fading.
Bitcoin (BTC) slumped below $100,000 after Federal Reserve Chairman Jerome Powell said the central bank is not allowed to own Bitcoin and is not looking for a law change.
Dogwifhat (WIF) price reached its highest levels since March 2024 earlier this month, reflecting an astonishing 1386% gain for the year. However, WIF has faced a correction, declining roughly 11% in the last 24 hours as bearish signals intensify.
Dogwifhat (WIF), the popular Solana-based meme coin, is poised for a price decline as its daily chart flashes a bearish signal. However, token holders appear to be dumping their holdings on exchanges, as reported by the on-chain analytics firm Coinglass.
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