Plunge

Token

Coin

<ul class="news-points">
 <li>Crypto community curious on AI tokens freefall.</li>
 <li>FET, AGIX, and RNDR slump after weeks of trending sideways.</li>
 <li>All three coins have lost about 30% value in the past week.</li>
</ul>
AI-based tokens are experiencing a downtrend, raising concerns in the crypto community. Several top AI tokens, including FET, AGIX, and RNDR, have broken key support levels after weeks of sideways movement.
FET consolidated after hitting an all-time high of $3.485 on March 28. Initially appearing as a minor pullback, the trend has developed into a classic price reversal, with FET’s price falling over 58% in the past three months.
TradingView <a href="https://www.tradingview.com/x/j5zoRTfe/" target="_blank" rel="noopener noreferrer nofollow">data</a> shows FET entered a horizontal trend in mid-April, oscillating around $2.168. However, last week’s price action saw FET drop sharply, falling 32% since last Thursday to trade at $1.540 at the time of writing.
SingularityNET’s AGIX token has followed a similar pattern. After reaching an all-time high in March, AGIX entered a sideways trend before breaking below support in a sharp decline.
AGIX currently trades at $0.658, marking a 30% drop in the past week, according to TradingView …
The post <a href="https://coinedition.com/ai-token-prices-plunge-as-bear-market-intensifies/" rel="noopener noreferrer nofollow">AI Token Prices Plunge as Bear Market Intensifies</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

AI Token Prices Plunge as Bear Market Intensifies

Coin Edition

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