Coinbase, the largest cryptocurrency exchange in the USA, said that the prices of artificial intelligence altcoins are exaggerated.
According to a report by Coinbase’s research analyst David Han artificial intelligence focused The latest prices reached with the rise in altcoins are at an exaggerated level compared to real usage.
David Han said the projects were in tight competition and faced some technical problems. they are facing he stated. The analyst also intense interest in the artificial intelligence industry Although it has an impact on prices, many tokens short And middle Demand-related problems in the long run He said he could live.
AI focused altcoins 2024 in the overall cryptocurrency market so far in performs better In the report that says, the source of the increase is NVIDIA is specified.
Inn, Considering the current market While emphasizing that prices may rise even more when purchased, exaggerated expectations may lead to price correction he also said.
An artificial intelligence altcoin Akash Network (AKT) Speaking specifically, Han said that sudden negativities may arise and The price started to experience increased demand problems noted.