Tokens such as TAO and FET are supposed to be crypto’s answer to centralized behemoths like OpenAI.
But as AI stocks recover from a turbulent spring, crypto tokens are falling.
GPU manufacturer Nvidia (NVDA) reached a new all-time high last week after brushing off a difficult start to 2025.
Despite this hoopla, crypto AI tokens are not coming along for the ride. The five largest AI crypto tokens in terms of market capitalization, TAO, FET, NEAR, RNDR, and WLD, are all down between 15-25% over the same period of time.
It is a sign that the crypto/AI hoopla is dying? Or will the tokens catch up?
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