Worldcoin

<ul><li>Trading volumes for AI tokens rose modestly last month but remain far below early 2023 highs.</li><li>Analyst Dessislava Ianeva attributes the slump to a global shift in risk sentiment.</li><li>Regulatory and privacy concerns add complexity to Worldcoin&#39;s ambitious goals.</li></ul>Recently, the cryptocurrency world buzzed with the debut of <a href="https://cryptotale.org/token-unlock-impact-sand-and-worldcoin-controversy-unveiled/" rel="noopener noreferrer nofollow">Worldcoin </a>(WLD). This AI token, backed by OpenAI CEO Sam Altman, promised a future of genuine online identities. Yet, despite the initial excitement, AI tokens have seen a slump, as revealed by Kaiko&#39;s trading data.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/bfa82152c56e4989ba2e810c03f119ea.png" />Over the past month, trading volumes for AI-related tokens showed promise. They rose from $570 million at July&#39;s end to a commendable $870 million by August&#39;s conclusion. However, this surge pales in comparison to the early 2023 figures. Though the year&#39;s beginning saw the trading volume soar past $7 billion, later, it&#39;s been a story of stagnation.Dessislava Ianeva, a seasoned analyst from Kaiko, shed light on this trend. She pinpointed a shift in global risk sentiment as the primary culprit. By August, the total open interest for five major AI tokens, with WLD being the exception, plummeted. It went from a robust $170 million in February to a mere $60 million.Read full article at <a href="https://cryptotale.org/ai-tokens-in-slump-despite-worldcoins-high-profile-debut/" rel="noopener noreferrer nofollow">CryptoTale .</a>

AI Tokens in Slump Despite Worldcoin's High-Profile Debut

CryptoTale

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