Prices of AI-Related Projects' Tokens $AGIX and $FET Down Over 20% in Last 24 Hours

According to TokenInsight data, AI-related projects SingularityNET ($AGIX) and Fetch.ai ($FET) token prices dropped 33.86% and 24.44%, respectively, in the last 24 hours.

Most of the AI-related projects' token prices dropped more than 10% in the last 24 hours.

Previously, Andre Cronje, co-founder of Fantom, expressed his opinions about AI on his Twitter, saying that "AI and blockchains don't mix". He said, "for now, anyone that jumps on the 'AI' bandwagon is simply doing so for pump & dump reasons. If you see a project all of a sudden 'pivot to AI', it just means they had nothing and are dead in the water."