Artificial intelligence (AI) tokens surge as the broader crypto market climbs

According to CoinMarketCap, the AI segment has seen a major drive to the upside, with overall token prices up 12.2% and trading volume surging by 44%.

The broader crypto market has seen a major rally, and notable gains have also been observed in artificial intelligence (AI) tokens as the segment continues to heat up.

According to CoinMarketCap, the AI segment has seen a 12.2% gain in the past 24 hours, while trading volume has surged by 44%.

This segment has seen a strong interest from investors, and data from Artemis shows that the sector has grown 17.4% over the past month, making it the second most dominant sector after DePin and the Bitcoin ecosystem.

Image: Artemis

One-month data shows that adoption has begun to catch the attention of investors.

This sector is also showing a strong momentum with both volume and price showing a strong move.

According to Coinglass, the top 10 AI agent tokens had volumes ranging between $680 million and $900 million, with Virtual (VIRTUAL) dominating the list.

The rise in both volume and price suggests that momentum in the market is building, and the AI sector could continue driving the shift.

A close look at the current Funding Rates shows positive readings for the top 10 AI-agent tokens.

When Funding Rates stay positive, it implies that derivative traders are opening more long positions.

Overall, it suggests that long traders are paying a premium fee to short traders to avoid large price disparities in the market.

This trend is also being driven by the interest in the metaverse and Web3 technologies.

The shift in investor sentiment has been crucial in driving the recovery in the crypto market.

As the market continues to recover, we can expect to see further gains in both the broader crypto market and the AI token segment.

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