Dogecoin Market Cap Tops AI Crypto Sector Despite Hype Around Newer Coins
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Dogecoin's market cap has surpassed the entire AI crypto sector, showing its enduring popularity despite the hype around AI coins.
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The analyst believes the AI crypto sector could reach a multi-trillion dollar valuation in coming years, meaning investors are still early.
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However, many AI cryptos are more about buzzwords than real technology, and AI coin scams are increasing.
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Deepfake videos are being used to trick crypto investors, posing challenges.
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At the time of writing, Dogecoin was up 24% over the past 7 days to $0.1732 per token.