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Cryptocurrency News Articles

The artificial intelligence (AI) sector in the crypto market has grown over time and is gaining significant market attention.

May 01, 2025 at 02:00 pm

AI tokens now command a Total Market Capitalization of $32.01 billion—up a staggering 578%. A strong $3.46 billion in daily trading volume is also powering the momentum.

The artificial intelligence (AI) sector in the crypto market has grown over time and is gaining significant market attention.

The artificial intelligence (AI) sector within the crypto market has seen a remarkable surge, drawing significant attention in the market.

This sector now commands a Total Market Capitalization of $32.01 billion, demonstrating a staggering 578% increase. Moreover, a strong $3.46 billion in daily trading volume is fueling the momentum behind AI tokens.

Could a takeover be coming?

According to Artemis data, the industry has grown by 43.0% in the past month, the highest among all sectors.

The industry has maintained a consistent growth pattern, with a 15.5% increase recorded over the past seven days alone. These growth figures are derived from the Fully Diluted Market Capitalization of tokens across various sectors.

However, despite this upward trend, the sector remains significantly below its peak levels.

It peaked at $69.92 billion in December 2024, but now hovers at $32.03 billion and is climbing.

AMBCrypto analyzed multiple market factors and identified FET and FARTCOIN as potential leaders in the AI token wave.

FARTCOIN establishes a bullish setup

Currently, Fartcoin [FARTCOIN] stands as the most valuable AI memecoin in the market, with a market capitalization of $1.13 billion.

An analysis of FARTCOIN’s price action reveals that the asset could rally by 420% as it forms a classic cup and handle pattern.

The cup and handle pattern, a historically bullish formation, often signals significant upward movements in the market.

If FARTCOIN successfully breaks out above the handle region, it could trigger a strong rally, aiming for a potential price target of $5.07.

FET is repeating a past movement

Artificial Superintelligence Alliance [FET], a generative AI token operating in the market, is another asset showcasing considerable potential.

At present, FET is repeating a fractal pattern from 2023, which ultimately led to its all-time high in 2024.

If the pattern unfolds in the same manner, FET could potentially reach $3.48, and if market momentum remains strong, the token could rally even further.

The sector still has fuel left in the tank

The AI token sector has yet to fully reclaim its previous highs, but its upward trajectory remains evident.

Supported by increasing trading volumes, bullish formations, and positive market sentiment, AI tokens appear to be poised for their next phase of growth.

As innovation continues to drive this sector, its potential for future expansion suggests that AI tokens may be on the verge of reshaping market dynamics. This unfolding narrative could solidify their position as key players in the evolving digital asset ecosystem.

Disclaimer:info@kdj.com

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Other articles published on May 01, 2025