AI token trading volume stagnant despite Worldcoin buzz

Worldcoin's launch brought attention to AI tokens, but recent Kaiko data shows they remained resilient despite controversy. Trading volumes were stagnant. However, open interest for major AI tokens dropped from $170M in Feb to $60M in Aug.

remained stagnant during the past month. The examination revealed a moderate increase in the trading volume of AI tokens last month, reaching approximately $870 million, up from $570 million at the close of July.

Nevertheless, when compared to the volume at the beginning of the year, there was a significant decrease.that enthusiasm for AI tokens began to diminish in July, primarily due to a change in global risk sentiment. The total open interest for five major AI tokens, namely FET, GRT, RNDR, OCEAN, and ROSE, dropped from $170 million in February to $60 million by August.

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