Solana experiences a surge in on-chain activity driven by the popularity of AI-focused tokens on platforms like Bags. Is this a sustainable trend or a fleeting hype cycle?
AI-focused crypto tokens have experienced a 75% decline in value year over year, erasing $53 billion from the market. This article explores the causes and implications of this significant drop.
Solana-based AI token Ava collapses 96% after insiders dump 40% of supply, highlighting risks of insider manipulation and importance of transparency in crypto market.
Solana AI token Ava faces launch sniping controversy, with 23 wallets tied to the deployer allegedly sniping 40% of the AVA supply at launch, leading to a 96% price drop.
Bitcoin outperforms most crypto sectors despite 26% decline, with Ether, AI tokens, and memecoins experiencing significant losses.
Filecoin’s price dips below $1.40 amid market weakness, signaling potential further declines to key support levels.