Crypto AI Projects Are on the Rise, But How Long can They Last? Learn why Metropoly is a Better Investment
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The new buzz in town is all about crypto AI projects. There has been a craze for crypto AI projects over the past month, leading analysts to draw similarities between AI projects and memecoin projects from yesteryear.
But, with the hype exploding and millions being poured into the sector, how long can the trend really last? In this article, we will discuss if the AI hype is a passing trend and explain why investing in other projects with established roadmaps is likely to be a much safer option.
The AI train has officially left the station, and everybody is jumping on board. Over the past month, a new trend has emerged. Crypto AI projects have popped up across the entire industry by integrating language bots, image generators, production assistants, and research algorithms into their protocols.
Protocols from ChatGPT and MidJurney are starting to be utilized in a range of different crypto projects. The projects are integrating AI technology into tokens and claiming that they are about to revolutionize the entire industry.
It’s not just crypto-heads that are getting involved. Large tech companies are scrambling to get a slice of the investment, with Microsoft investing billions of dollars into OpenAI.
Projects like Artificial Liquid Intelligence, Fetch.Ai, and SingularityNET have surged as much as 200% over the past week alone.
Smaller market cap coins like Image Generation AI have witnessed the growth of more than 500% over the past fortnight. The extent of the price surge has many investors believing that the AI craze is a direct replica of the memecoin craze that we witnessed in 2020 and 2021.
But, with the AI trend
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